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UniCredit Plans Roughly €1.1B Brokerage Biz Placement

By Darcy Reddan (May 7, 2019, 7:51 PM EDT) -- Italian bank UniCredit said Tuesday it will sell a 17% stake in its online brokerage business FinecoBank in a placement valued at roughly €1.1 billion ($1.2 billion), as it looks to help FinecoBank increase its lending capability and support the local economy....

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