Unicredit Outlines Worst-Case Scenario of Russia Exposure

The transcript discusses the exposure of European banks, particularly UniCredit, to Russian assets, estimating a €15 billion exposure. It explores worst-case scenarios, including a potential 200 basis point loss if all Russian assets are lost. The market has some clarity on the worst-case scenario, but uncertainties remain, especially with Russian markets not returning to normal. Raiffeisen, SoC Gen, and UniCredit are identified as the most exposed banks.

What is the estimated exposure of UniCredit to Russia?

• €10 billion

• €25 billion

• €20 billion

• €15 billion

What is the extreme scenario for Russian assets mentioned in the video?

• 25% of assets are lost

• 100% of assets are lost

• 75% of assets are lost

• 50% of assets are lost

Which bank is identified as having the highest exposure to Russia?

• UniCredit

• Societe Generale

• Deutsche Bank

• Raiffeisen

How have the markets reacted to the clarity provided about potential outcomes?

• They have been reassured

• They have panicked

• They have become more volatile

• They have ignored the information

Which banks follow Raiffeisen in terms of exposure to Russia?

• Credit Suisse and UBS

• HSBC and BNP Paribas

• Societe Generale and UniCredit

• Deutsche Bank and Barclays