UniCredit

Marked as

Medium Risk Company

Last updated - February 9, 2026

Medium Risk

i
2.5

0

User Score

2.2

Trust Score

2.7

Brand Score

OVERVIEW

About UniCredit

UniCredit S.p.A., Italy’s leading bank, has a documented history of major compliance failures, including over $1.3 billion in 2019 sanctions penalties and a guilty plea for Iran-related transactions. The December 2024 EPPO raids on its German unit over a €200 million VAT fraud probe underscore ongoing AML and due-diligence concerns.

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CONNECTIONS AND RELATIONSHIP

CONTACT INFORMATION

Linkedin
UniCredit
Facebook
UniCredit
Instagram
unicredit_eu

FINANCIAL RISK AUDIT

For Consumers
For Consumers

Medium Risk

Based on the available data, we suggest consumers approach this Company with caution.

This advisory is based on a medium-risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.

You may face moderate risks when engaging in consumer-related activities with this entity.

For Employees
For Employees

Medium Risk

Based on the available data, we advise employees to be mindful when considering or continuing work with this Company.

This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.

Employment with this entity may involve moderate risks.

For Banks & Investors
For Banks & Investors

High Risk

Based on the available data, we urge investors and bankers to avoid financial involvement with this Company.

This advisory is informed by an aggregate risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.

Engaging in investment or lending activities with this entity poses a substantial risk to your financial interests.

ASSESSMENT OUTCOME
  • Safe to Onboard

  • Enhanced Due Diligence required

  • Do Not Onboard

RECOMMENDATIONS
  • Monitor adverse media every 6 months

  • File SAR (Suspicious Activity Report) is warranted

  • Escalation to compliance committee

  • None

Do you agree with this our assessment on UniCredit?

OSINT DATA POINT

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Owner

Publicly Listed
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CEO

Andrea Orcel
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CFO

Stefano Porro
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Established

1870
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Headquarters

Milan
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Country

Italy
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Jurisdiction

European Union
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Category

Banking
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Market Capitalization

€59.8 Billion
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Stock Exchange

Borsa Italiana
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Largest Shareholder

BlackRock
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Second Largest Shareholder

Capital Research
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Ownership Structure

Institutional Dominant
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Primary Operations

Italy
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Secondary Operations

Germany
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Other Operations

Central Europe
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Sanctions History

Iran Violations
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Recent Probe

VAT Fraud
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VAT Fraud Probe Value

€200 Million
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Adverse Media

Compliance Failures
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Ongoing Scrutiny

AML Concerns
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Guilty Plea

2019
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Sanctions Penalty

$1.3 Billion
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Federal Reserve Fine

$158 Million
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GDPR Fine (Italy)

€2.8 Million
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GDPR Fine (Romania)

€130,000
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Compliance Pattern

Recurring
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ENTERPRISE RISK ASSESSMENT (ERA)

UniCredit has faced multiple GDPR fines across Europe for exposing customer personal data.

In 2019, the U.S. Fed fined UniCredit $158 million for weak sanctions controls and poor subsidiary oversight.

The bank lost $37 million in a letter-of-credit deal linked to Hin Leong and recovered nothing after a court ruling.

The ECB continues to limit UniCredit’s Russian operations over ongoing compliance and money-laundering risks.

Over 337,000 customers’ personal data was exposed online, triggering a formal privacy violation.

Authorities have questioned the bank’s monitoring of large transfers and high-risk client withdrawals.

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AML and KYC Assessment

Regulatory and Compliance Screening

  • Sanctions Matches
  • Yes
  • No
  • Unclear
  • PEP Status
  • Yes
  • No
  • Unclear
  • Watchlist: (Interpol, EU, UN, OFAC, etc).
  • Yes
  • No
  • Unclear
  • Law Enforcement Mentions
  • Yes
  • No
  • Unclear

Litigation and Legal Proceedings

  • Criminal Proceedings
  • Yes
  • No
  • Unclear
  • Regulatory Enforcement Actions: [SEC, FCA, SEBI, etc.]
  • Yes
  • No
  • Unclear
  • Ongoing Investigations
  • Yes
  • No
  • Unclear
  • Reputational and Adv
  • Yes
  • No
  • Unclear

Reputational and Adverse Media Risks

  • Negative Media Mentions
  • Yes
  • No
  • Unclear
  • Allegations / Scandals
  • Yes
  • No
  • Unclear
  • Social Media Red Flags
  • Yes
  • No
  • Unclear
  • Censorship Attempts [PR, Takedowns, DMCA Abuse, etc.]
  • Yes
  • No
  • Unclear

Geographic and Jurisdictional Risk

  • Country Risk Level
  • Yes
  • No
  • Unclear
  • High-Risk Sections [Crypto, Gambling, Arms, etc.]
  • Yes
  • No
  • Unclear
  • Offshore Jurisdictions Used [Panama, BVI, Cyprus, etc.]
  • Yes
  • No
  • Unclear

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RED FLAGS AND ADVERSE NEWS

coming

justice.gov

Visit Link

UniCredit pled guilty to illegal Iran sanctions transactions, fined ~$1.3B.

  • First Detected

    15/04/2019
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    Regulatory
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    40%
  • Primary Keyword

    Sanction
coming

federalreserve.gov

Visit Link

Federal Reserve fined UniCredit $158M for poor sanctions controls and oversight, part of ~$1.3B penalties with U.S. authorities.

  • First Detected

    15/04/2019
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    Regulatory
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    40%
  • Primary Keyword

    Sanction
coming

reuters.com

Visit Link

UniCredit’s Munich offices were raided in a German VAT fraud probe linked to a former client; bank says it’s cooperating.

  • First Detected

    06/12/2024
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    Medium
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    20%
  • Primary Keyword

    Allegation

Other Red-Flags and Adverse News

redflag
2024 UniCredit’s German arm allegedly tied to VAT fraud.
redflag
2024 UniCredit’s German unit raided in €200M VAT fraud.
redflag
2024 UniCredit’s German branch raided in €200M VAT investigation.

Financial Profile for UniCredit

Do you want to unlock a detailed Risk Assessment and audit report for UniCredit?

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Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.

  • Known Assets: [Real estate, investments, companies]

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  • Suspicious Transactions

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  • Liabilities: [Bankruptcies, defaults, debts]

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  • Wealth Sources: [Legitimate / Unclear / High-risk]

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  • Bank Relationships

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  • Bank Relationships

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  • Ultimate Beneficial Owner(s) (UBOs)

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  • Shareholding structure

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  • Associated entities & subsidiaries

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  • Offshore / shell company links

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  • Trusts / Nominee arrangements

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  • Business Model Assessment

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Consumer Reviews and Ratings for
UniCredit

All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.

User Rating for UniCredit

UniCredit S.p.A., Italy’s leading bank, has a documented history of major compliance failures, including over $1.3 billion in 2019 sanctions penalties and a guilty plea for Iran-related transactions. The December 2024 EPPO raids on its German unit over a €200 million VAT fraud probe underscore ongoing AML and due-diligence concerns.

USER’S SCORE

0

Trust

0

Safety

0

Brand

0

Risk

0

Pros

  • greentick

    Highly experienced

  • greentick

    Well-recognized name

Cons

  • redcros

    Faced allegations of scamming others

  • redcros

    Allegedly sold fake silver

  • redcros

    Sued multiple times

  • redcros

    Unregulated industry

  • redcros

    Alarming number of complaints online

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  • Safety
  • Risk

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