UniCredit S.p.A. Rotten Score Breakdown
Corporate Misconduct
0.0ptsCommunity concern only
Community ratings exist, but no approved evidence has been submitted. Community ratings do not affect the Rotten Score.
Avg Rating: 5.00Ratings: 1Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Human Rights & Exploitation
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Fraud & Corruption
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Deceptive Practices
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Environmental Harm
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Sustainability Deception
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Workplace Misconduct
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Financial Misconduct
30.0ptsNo flavor assigned
Avg Rating: 5.00Ratings: 1Severity Score: 6.00Evidence Count: 1Contribution: 30.0 pts
Misconduct: low 0 · medium 0 · high 1
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
UniCredit Group banks paid approximately $1.3 billion to resolve U.S. sanctions violations
On 15 April 2019, the U.S. Department of Justice announced coordinated resolutions involving UniCredit S.p.A., Germany-based UniCredit Bank AG and Austria-based UniCredit Bank Austria. UniCredit Bank AG agreed to plead guilty to conspiring to violate U.S. sanctions law and defraud the United States; Bank Austria entered a non-prosecution agreement, while UniCredit S.p.A. entered regulatory settlements and undertook to ensure group obligations. Total group penalties were approximately $1.3 billion. The guilty plea belongs to the German subsidiary and is not misattributed here as a conviction of the Italian parent. Primary source: https://www.justice.gov/archives/opa/pr/unicredit-bank-ag-agrees-plead-guilty-illegally-processing-transactions-violation-iranian