VIENNA Dec 14 The restructuring of Italy's UniCredit will keep the group's eastern Europe experts in Vienna, the head of the Austrian National Bank, Ewald Nowotny, said on Monday.
UniCredit said last month it was slashing its workforce by 14 percent and was looking to restructure or sell businesses in Austria and Italy, as it seeks to bolster its finances without asking shareholders for cash.
Also read: It's OK to Love Banks Again
10:05 Why you'll now pay 25% more for apps on your iPhone8
15:50 Rice Business School to host diversity conference17
22:59 Top government ethics official denounces Trump's business plans19
17:10 Donald Trump Won't Divest From His Business Interests, Opening Door To Years Of Ethics Conflicts21