UniCredit to buy back securities-services unit from Societe Generale, document shows

Business Recorder • Oct 20, 2026

MILAN: Italy’s second-biggest bank, UniCredit , has signed an agreement to repurchase its securities-services business from French peer Societe Generale , according to a union document seen by Reuters on Monday. The unit, which looks after investors’ securiti...

MILAN: Italy’s second-biggest bank, UniCredit , has signed an agreement to repurchase its securities-services business from French peer Societe Generale , according to a union document seen by Reuters on Monday. The unit, which looks after investors’ securities and handles related administrative services, has 54 staff in Milan and Turin, according to the document, which did not provide any financial details of the a...