UniCredit bolsters capital ratio on Fineco sale

- By Alessandro Aimone
- @aimoneale
- 07 Nov 2019

UniCredit strengthened its Common Equity Tier 1 (CET1) capital ratio in the three months to end-September, helped by the sale of its remaining stake in online brokerage Fineco.

The Italian lender’s CET1 ratio improved 53 basis points on the quarter to 12.6%, the highest level since Q1 2018. The sale of the second tranche of Fineco in July contributed 31bp to the overall increase. The sale of the

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