Trading halted bank UniCredit

Trading in the major Italian bank UniCredit was halted Tuesday afternoon.

This was reported Bloomberg. UniCredit has long lobbied. Since the weekend La Repubica reported that the bank definitely needed $ 14 billion in aid. \u0026 Nbsp;

Exane investment bank reported Tuesday that the Italian powerhouse with € 7 billion in aid could make. The investment bank reacts to the much higher estimates since the weekend and called the poor to support.

Exane calculates that interest may cause Pioneer € 3 billion if it is disposed of. In addition, it would be interest in Pekao worth € 2.3. In time, Exane provides an emission of € 7 mijlard in size.

There is speculation it could merge with UniCredit to rescue the French bank Société Générale.