Top 5 Bank Stocks To Own Right Now

Top 5 Bank Stocks To Own Right Now: UniCredit SpA (UCG)

UniCredit SpA is an Italy-based holding company engaged in the financial sector. The Companys division model is based on four pillars: Customer Centricity, A Multi-Local Approach, Global Product Lines, and Global Service Lines. The Customer Centricity area focuses on the Retail, Corporate & Investment Banking and Private Banking areas. The Centralized Multi-Local Approach takes responsibility for the distribution networks and customer relationships. The Global Products Lines are responsible for developing the products and services across all geographic areas. The Global Service Lines which supply the network coverage functions and product factories with specialized services, including Banking Back Office, Information and Communication Technology, Credit Collection, Procurement Services, Real Estate and Shared Service Centers. On October 28, 2013, the aggregate sale by UniCredit SpA of Fondiaria Sai SpA equal to 6.7% was complied. Advisors' Opinion:

• [By Tom Stoukas]

  UniCredit (UCG), Italys largest bank, lost 1.3 percent to 4.71 euros. Intesa Sanpaolo, which appointed Carlo Messina as chief executive officer to replace Enrico Tommaso Cucchiani yesterday, fell 3.5 percent to 1.53 euros. Mediaset SpA, the broadcaster controlled by Berlusconi, dropped 4.5 percent to 3 euros, the lowest price since July 3.

• [By Sarah Jones]

  Banco Popolare SC led Italian lenders higher as the countrys 10-year bond yields declined. Popolare rallied 7 percent to 1.05 euros in Milan. Banca Popolare di Milano Scrl increased 4.7 percent to 52.4 euro cents. And UniCredit SpA (UCG), Italys biggest bank, climbed 3.6 percent to 3.63 euros.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-bank-stocks-to-own-right-now-3.html