UniCredit CEO Sees Higher Shareholder Returns on Tailwinds
- CEO of Italian lender expresses cautious optimism on Europe
- Rising interest rates, streamlining provide tailwinds
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UniCredit SpA Chief Executive Officer Andrea Orcel said shareholders can expect higher returns on last year’s earnings as rising rates and a streamlining of the lender provide tailwinds.
“We indicated at the beginning of the year that we had an ambition to be in line or higher than 2021,” Orcel said Thursday in an interview with Bloomberg Television’s Francine Lacqua at the World Economic Forum in Davos. “I would say that on the numbers that we had on at the nine months, we can be higher.”