Building bridges

Unicredit's latest acquisitions have given it a formidable retail distribution network in central and eastern Europe. Now it faces the challenge of developing those markets by educating investors about the benefits of structured products

Unicredit's integration of Bank Austria Creditanstalt and HypoVereinsbank into a single network across central and eastern Europe has turned the bank into a behemoth of structured products distribution. The resulting retail banking network, the largest in the region, is described by Dominik Auricht, Unicredit's Munich-based head of structured investment solutions, as "the most natural way to bridge into these countries". Unicredit has been issuing and distributing products into central and

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