UniCredit plans German growth but not by takeovers - CEO

Reuters

Updated 2 September 2015 at 4:59 am

FRANKFURT (Reuters) - UniCredit Chief Executive Federico Ghizzoni on Wednesday said his group's German branch HVB had plans to expand in Germany but not through acquisitions.

Ghizzoni ruled out any interest in Postbank , owned by Deutsche Bank . Deutsche Bank aims to sell Postbank on the stock market as part of a group restructuring plan.

“We have no plans for acquisitions but we have a clear plan to expand our business” in Germany, he said at a conference.

(Reporting by Thomas Atkins; Editing by Jonathan Gould)

Cosmo
Sabrina Carpenter looks practically naked in completely see-through lace mini dress
Sabrina Carpenter went braless wearing the Mirror Palais Anemone Dress in butter featuring illusion tulle adorned with lace appliqués along the neckline and hem
a day ago
Yahoo Finance AU
$500 cost of living payment coming for thousands of Aussie households
Eligible homes can get this lump sum payment as well as a $180 rebate to go towards their electricity bill.
a day ago
Yahoo News Australia
Bizarre Westfield car park scene baffles Aussies: 'Menace to society'
Shoppers got a surprise when arriving at the car park to discover the spaces were taken, but not by cars. Find out what happened.
2 days ago
HuffPost
Ex-Trump Lawyer Spots Donald Trump’s ‘Big Mistake’ That Will ‘Make His Campaign Cringe’
“That just brings back all those bad memories about that issue," Jim Schultz told CNN's Jake Tapper.
9 hours ago
CNN
Secret Service says agent on Harris’ detail was removed from assignment after distressing behavior
A Secret Service agent assigned to Vice President Kamala Harris’ detail was removed from their assignment after displaying behavior that colleagues found “distressing,” the agency said.
14 hours ago
Yahoo Sport Australia
NRL world slams the Rabbitohs over 'awful' move in Anzac Day defeat to the Storm
The decision has drawn serious backlash from the NRL community.
18 hours ago
InStyle
Jennifer Lopez Won't Stop Wearing These Divisive Jeans
She's been spotted in them three times in the last two weeks.
17 hours ago
HuffPost
Trump Lawyer Argues He Could Legally Order Assassination Of Political Rival
"I'm trying to understand what the disincentive is from turning the Oval Office into the seat of criminal activity in this country," Supreme Court Justice Ketanji Brown Jackson said.
a day ago
Yahoo News Australia
Woman's message to Aussie men after disturbing incident in David Jones: 'This is it'
The shopper was minding her own business when she spotted a man following another woman around the store taking photos of her.
a day ago
NCA NewsWire
Lehrmann to pay Lisa’s husband $4k
After losing his defamation case to Network 10 and Lisa Wilkinson, Bruce Lehrmann has also agreed to pay the legal costs of the journalist’s husband, Peter FitzSimons.
12 hours ago
Yahoo News Australia
RAM driver's 'passive aggressive' note to motorist parked outside home
The motorist hadn't parked over the resident's driveway but returned to find a 'confusing' note on his car. Do you think it was justified?
2 days ago
The Daily Beast
Judge Upholds Trump’s $83 Million Defamation Verdict
Reuters/Brendan McDermidA federal judge in New York upheld a defamation verdict against Donald Trump, keeping him on the hook for the $83 million he owes E. Jean Carroll, the writer who accused him of sexual assault.Trump had motioned to receive a new trial, but Judge Lewis Kaplan rebuffed that effort, determining nothing was wrong with the first one that ruled against him.The decision affirms that Carroll suffered harm from Trump publicly railing against her in 2019, as she went public with her
20 hours ago
CNN
Did Trump’s lawyers misquote George Washington? Here’s what the first president actually said
Searching for some evidence that the Founding Fathers would have supported “absolute immunity” from criminal prosecution for former President Donald Trump, his lawyers have turned to George Washington.
19 hours ago
Cosmo
Kylie Jenner just revived the naked brow trend and she looks like a woodland fairy
Kylie Jenner shares Instagram selfies of her new bleached eyebrow look for 2024. She looks so different, with the ash-blonde look.
6 hours ago
The Independent
Boy, 12, missing for four years is the fourth body to be found in chilling house of horrors
Neighbours have also reported fires and domestic violence incidents at the home in Buffalo, New York, which has seen 160 complaints to police since 2007
2 days ago
Yahoo Lifestyle
Neighbours star Scarlet Vas reveals she's making a fortune using OnlyFans with stepbrother/husband
The former actress is earning up to $200k a month making content on the adult platform, sometimes featuring her husband Tayo Ricci. Read more.
16 hours ago
Yahoo News Australia
Woman finally returns to apartment after being locked out for 4 years: 'What the hell?'
What she discovered when opening the door is probably not what you'd expect for a unit that was apparently empty for four years.
a day ago
HuffPost
Trump Attorney Alina Habba Makes Blunt Admission About Trial, But It’s No Surprise
The former president's lawyer made a gloomy prediction.
a day ago
WWD
Queen Mary of Denmark Makes Debut in Mother-in-Law Margrethe II’s Danish Crown Jewels for First Official Portrait as Monarch With King Frederik X
King Frederik X and Queen Mary acceded to the throne in January.
23 hours ago
Entertainment Weekly
Billie Eilish says she 'should have a Ph.D. in masturbation': 'People should be jerking it, man'
The singer also explained that self-love has been a 'huge, huge help' for her.
2 days ago

Latest stories