Unicredit CEO Expresses Cautious Optimism on Europe

The transcript discusses the impact of rising interest rates on banks, highlighting the positive effects for European banks after a decade of negative rates. It explores economic resilience, differences in leverage between Europe and the US, and the delayed effects of inflation. The conversation covers non-performing loans, risk management, and economic outlook, including potential growth and recession risks. It also addresses financial provisions, dividends, share buybacks, and the potential acquisition of Monte Passkey.

How does the speaker assess the impact of inflation on the economy?

What strategies are being implemented to manage potential economic shocks?

What is the outlook for dividends and share buybacks according to the speaker?