(ANSA) - MILAN, SEPTEMBER 22 - Unicredit rises sharply in PiazzaAffari: the stock, even briefly stopped in the auction for the sale, rises by 4%, exceeding 11 euros after the CEO Andrea Orcel at the Conference organized by Bank of America Merrill Lynch underlined that the estimates for 2023 will be raised in the third quarter, reaffirming that the bank can absorb shocks even in the event of severe recession.
"If there is a severe recession we are ready to face any shock and to perform better than the average of our competitors", explains Orcel indicating that all targets "will be achieved" even in the event of a recession.
In addition, he adds the CEO of Unicredit explains that "we are well on the way to the guidance for 2022, regardless of the context".
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