Best in Germany - UniCredit


Preparing for the change in taxation rules in Germany that took effect on July 1, 2008 and known as the Abgeltungssteuer, UniCredit switched its product strategy to structured funds. The initial benefit of being tax-free was enhanced within months by the reinvention of credit risk in the wake of the demise of Lehman Brothers in September. The release of a flurry of new products designed to cope with the current market further endorsed UniCredit's credentials in the German market and wins the ban

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