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UniCredit opens door to share buyback after solid earnings

FILE PHOTO: The chemical company BASF building in Levallois-Perret is seen at sunset
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MILAN (Reuters) - UniCredit on Thursday opened the door to its first share buyback in more than a decade after solid third-quarter earnings and a boost to the bank's capital.Italy's biggest bank is beginning to reap the benefits of years of restructuring under Chief Executive Jean Pierre Mustier, who took over in mid-2016 and embarked on a balance-sheet clean up, cutting costs and shedding..
Date Published: Nov 07, 2019
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