Prospectus - Notowania

The CIB business segment focuses on businesses who operate on the main markets
where the Group is present, supporting these customers in growth and
internationalization projects and sustaining them during any reorganization phases.
The consolidation of the position of regional specialist within a European sphere with
regard to more advanced services relating to operations on the global financial and
investment banking markets characterizes and complete the service range for the
customers even further.
The deterioration of the international economic-financial context which started in
2008 and whose main effect was the manifestation of a recessionary trend globally,
meant that the UniCredit Group had to review its business model, in particular that
addressing the system of businesses, so as to make its more consistent with the
mission of creating sustainable value over the long-term.
The main result of this change was to aggregate and consequently reorganize the
previous sectors of activities, Corporate and Markets & Investment Banking, in the
new CIB business segment, with the strategic aim of rationalizing the governance
structure of the various activities involved, and concentrating the expertise in terms
of:
- understanding of customer needs, entrepreneurial and institutional, by means of a
wide-spread distribution network, specialized by specific customer segments;
- creation of a skills centre at Group level dedicated to the development of
products and related advice for the sales network in the customer service and
offer activities;
- mitigations of the risks by means of a sole vision in relation to the customer and
the adoption of standard methods for gauging the risk and specific product
expertise.
During the period ended as at September 30, 2009, CIB activities represented around
36.9% of the total operating income of the UniCredit Group.
The table below indicates the main income statement figures of the UniCredit Group
relating to the CIB business segment with reference to the nine months ended as at
September 30, 2009 and September 30, 2008. The figures shown with reference to the
financial years ended as at December 31, 2008, 2007 and 2006, are taken as the mere
sum of the figures referring to the previous business segments Corporate and Markets
& Investment Banking, as indicated in the financial statements for the related
financial years.
(millions of €) 09.30.2009 09.30.2008 1 INCOME STATEMENT
FIGURES
12.31.2008 12.31.2007
reconstructed
12.31.2006
OPERATING INCOME 2 7,790 5,376 6,466 9,223 7,984
Ex Corporate Banking 6,332 5,994 4,889
Ex Markets & Investment
Banking
134 3,229 3,095
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