Euroclear Seeks to Reverse Mistaken Credits on UniCredit Bonds
May 27 2021, 12:46 AM May 26 2021, 3:45 PM May 27 2021, 12:46 AM (Bloomberg) -- It was Euroclearâs fault, but the latest twist in UniCredit SpAâs coupon fiasco is exacerbating investorsâ frustrations with the bank. (Bloomberg) -- It was Euroclearâs fault, but the latest twist in UniCredit SpAâs coupon fiasco is exacerbating investorsâ frustrations with the bank. The drama began last week. Chief Executive Officer Andrea Orcel -- whoâs been in the job a little over a month -- surprised bondholders when he decided not to pay a coupon of about 30 million euros (...