During a meeting which took place with trade unions on July 9 in Milan, UniCredit announced its strategy to incite to voluntary leaves which will come after Capitalia's buy out, but all "esuberi" - the Italian term to indicate the employments to cut after a merger - will be determined only with the new industrial project planned for the beginning of 2008. (Ref. 070622)
100 billion of stock exchange capitalization, 9.200 agencies and over 50% of profits abroad: these are some of the figures revealed last May during the announcement of the merger between the Milanese UniCredit and the Roman Capitalia, respectively first and fourth Italian banking groups.
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