{
  "id": 15719718,
  "title": "Major bank: UniCredit takes back securities business from Societe Generale",
  "url": "https://urgent.news/2026/10/20/gro-bank-unicredit-holt-wertpapier-geschaft-von-societe-generale",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-20T08:05:25.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/finanzen/banken-versicherungen/banken/grossbank-unicredit-holt-wertpapier-geschaeft-von-societe-generale-zurueck/100263465.html"
  },
  "original_language": "de",
  "account": "UniCredit is planning to buy back its securities services business from Societe Generale. According to a union document seen by Reuters, this move aims to take back control of strategic activities and reduce dependence on an external provider. The business, which handles securities for investors, was sold by UniCredit to Societe Generale in 2006, with a service agreement in place until 2026. The unit has 54 employees in Milan and Turin. Financial details of the deal are not disclosed.",
  "summary": "The Milan-based bank wants to take back activities it considers strategic. This is intended to reduce dependence and improve the use of business data.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "UniCredit to buy back securities-services unit from Societe Generale, document shows",
        "url": "https://urgent.news/2026/10/20/unicredit-to-buy-back-securities-services-unit-from-societe-generale",
        "published": "2026-10-20T06:49:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}