Italian banking giant UniCredit hits eight-year high as it cranks up shareholder returns

UniCredit shares rose as much as 8.5 per cent to the highest since November 2015 at the open and were up 8.2 per cent to €28.86 early in early trading in Milan

UniCredit has tripled its value since Andrea Orcel, the chief executive, took over in 2021, leading gains among European banks. Picture: Cineberg