DOCSLIB.ORG

For Whatever Life Brings

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

For whatever life brings 2010 Reports and Accounts www.unicreditanduniversities.eu Printed on certified recycled chlorine-free paper. Everyone knows that life can be surprising. Many of these surprises are good things. Some are not so good. That is why people need their bank to be a reliable partner, helping them to deal with whatever life brings. Because this year’s report is inspired by real life, its graphics portray some of life’s more pleasant aspects, as well as a few of its less enjoyable features. Thus, the images present a range of contrasts, and our cover offers up a kaleidoscope of moments drawn from daily life. That is simply how life works. From the exciting to the ordinary, from the expected to the unanticipated, life is always changing and makes demands on all of us. And UniCredit is here to lend a hand. Our job is about more than offering products and managing transactions. It is about understanding the needs of our customers as individuals, families and enterprises. Our goal is to deliver solutions for the everyday issues that people face. This means providing them with concrete answers - day by day, customer by customer, need by need. 2010 Reports and Accounts For whatever life brings Governing Bodies Board of Directors Dieter Rampl Chairman Anna Simioni Vice-Chairman Marco Annunziata Directors Willibald Cernko Federico Ghizzoni Antonella Massari Theodor Weimer Secretary General Giannantonio De Roni Board of Auditors Giorgio Loli Chairman Claudia Cattani Standing Members Elisabetta Magistretti UniCredit & Universities Knight of Labor Ugo Foscolo Foundation Non-profit Organization Italian Presidential Decree no. 255 of 28.3.1967 (Official Gazette, no. 118 of 12 May 1967) Registered Office: Via Alessandro Specchi, 16 - 00187 Rome Business Office: Via Santa Margherita, 12 - 20121 Milan Tax Code: 80024350581 UniCredit & Universities · 2010 Reports and Accounts 3 For whatever life brings Scientific Committee Scientific Committee Franco Bruni Chairman Silvia Giannini Members Tullio Jappelli Catherine Lubochinsky Giovanna Nicodano Reinhard H. Schmidt Josef Zechner UniCredit & Universities · 2010 Reports and Accounts 5 Chairman’s Letter To become a leading European “ player in support of the best students and researchers is and will remain our greatest challenge. ” 6 2010 Reports and Accounts · UniCredit & Universities Thanks to its ongoing commitment to support the At the foundation, we do not see our results as just best European talents, the UniCredit & Universities another positive mark on our record, but rather as Foundation achieved excellent results in 2010, an incentive to work longer, harder and better. fielding more initiatives and providing more financial We do so with the full knowledge that to succeed grants to students and researchers. in the dynamic world of academia, one must relentlessly seek out advanced initiatives and The feedback from this surge of activity was solutions to meet the needs of Europe’s finest overwhelmingly positive, as reflected by the young talent. significant increase in the number and the national diversity of applicants for its competitions. Finally, I would like to thank all those who enabled the UniCredit & Universities Foundation to fulfill its These positive trends were matched by the commitment this year and, in particular, the Board quality and academic value of the submissions of Directors, the Board of Auditors and the Scientific received. This year’s winning research projects Committee, whose contributions have been were outstanding scientific efforts that made real invaluable to our success. contributions to their fields of inquiry. Furthermore, by the number and variety of initiatives launched during the past year, the foundation has signaled its intention to become a leading European player in support of the best students and researchers in economics and finance. Looking ahead, achieving this goal will remain our greatest ambition and our greatest challenge. To date, we remain encouraged by the significant appreciation expressed for our work by award recipients and the communities in which we operate. Moving rapidly to build on this support, we have proposed a new series of initiatives and built firm relationships with leading universities and research centers that, like us, aim to promote the study of economics without regard to geographical, political or cultural boundaries. In the future, these partnerships will surely create new and exciting opportunities for young European students and Dieter Rampl researchers. Chairman UniCredit & Universities · 2010 Reports and Accounts 7 For whatever life brings Contents Annual Report 11 The Foundation’s Purposes 12 Highlights 13 Management Analysis 14 Activities 18 Main Goals 30 Financial Statements 35 Balance Sheet 36 Report on Operations 37 Notes on the Accounts 38 Annexes 47 Report of the Board of Auditors 49 UniCredit & Universities · 2010 Reports and Accounts 9 Annual Report The Foundation’s Purposes 12 Highlights 13 Management Analysis 14 Activities 18 Support for Studies 18 Support for Research 22 Other Initiatives 27 Main Goals 30 UniCredit & Universities · 2010 Reports and Accounts 11 Annual Report The Foundation’s Purposes On the basis of Article 2 of the foundation’s statute, the UniCredit & Universities Foundation does not pursue profit and operates with the following purposes: TO PROMOTE studies and initiatives designed to deepen knowledge in the 1academic fields of finance, economics, law, politics and the social sciences. TO AWARD, annually, one 2 or more scholarships. TO ESTABLISH awards for dissertations or for special academic 3 work in the academic fields of finance, economics, law, politics and the social sciences. TO PROPOSE and SUPPORT 4 academic initiatives. 12 2010 Reports and Accounts · UniCredit & Universities Highlights During 2010, the foundation launched 12 initiatives (7 in 2009) Expenses for ordinary operations amounted to a total of €1.65 that yielded 34 awards (8 in 2009). million (€0.85 mln in 2009). Expenditures related to the launch of all 2010 initiatives As of the date on which the financial statements were amounted to €1.02 million (€0.66 mln in 2009). approved, the network of foundation scholarship students included a total of 25 students and researchers. Expenditures can be broken down as follows: • initiatives in support of studies: 64% In 2010, the foundation received 522 applications. Since the • initiatives in support of research: 33% start of its operations in January 2009, the foundation has • other initiatives: 3% received 800 applications. Number of initiatives Number of award recipients (Unit) (Unit) 12 34 +71% +325% 7 8 2009 2010 2009 2010 Investment in new initiatives Breakdown of expenditures (€ million) for new initiatives in 2010 (%) 1.02 +55% 33 0.66 64 Initiatives in support of research 3 Other initiatives Initiatives in support of studies 2009 2010 Expenses for ordinary operations Number of applications received (€ million) (Unit) 1.65 522 +88% +94% 278 0.85 2009 2010 2009 2010 UniCredit & Universities · 2010 Reports and Accounts 13 Annual Report Management Analysis 2010: THE FIRST FULL YEAR OF OPERATION FOR THE FOUNDATION In 2010, the foundation’s primary objective was to support the Six of the 12 initiatives launched this past year are new. These best European talent in the fields of economics and finance. arose both from existing initiatives, which have subsequently been This goal was pursued through an increasingly broad and refined, and from entirely new projects. well-structured range of initiatives. In addition to the introduction of a range of new initiatives, an The most striking aspect of the foundation’s activities was their important part of the activities performed during the year by the European character. Through its support for study and research, foundation concerned the creation of a large and sturdy network the foundation fully reflects the impressive geographic and cultural of international relationships. diversity of UniCredit, which fully funds and, through its values, also inspires the foundation’s daily work. The European scope of This network is essential to efforts to: the foundation’s work has been essential to its ability to achieve its results, which would not have been possible had it remained 1. reach the best European talent worldwide; focused exclusively on Italy. 2. start collaborations with the best universities, with the aim of developing effective new initiatives. The foundation is further distinguished by its intense focus on innovation, particularly in regard to new initiatives. It believes that Networking activities included the organization of meetings with innovation is central to achieving its objectives without burdening major European universities located both within and outside the itself with preexisting activities, particularly since the academic geographic scope of UniCredit’s operations. Within this scope, the environment is evolving with increasing speed and complexity. foundation worked to build relationships with: All the winners of 2010 initiatives, with Dieter Rampl (Chairman of the Board of Directors of the UniCredit & Universities Foundation), Franco Bruni (Chairman of the Scientific Committee of UniCredit & Universities Foundation), Giannantonio De Roni and Annalisa Aleati (General Secretary and Scientific Responsible of UniCredit & Universities Foundation). 14 2010 Reports and Accounts · UniCredit & Universities 1. Corvinus University of Budapest; knowledge of the foundation’s work and receive answers
Recommended publications
  • Unicredit Pavilion Opens in Milan

    Unicredit Pavilion Opens in Milan

    PRESS RELEASE UniCredit Pavilion opens in Milan Distinguished by multifunctional design and community focus First public event to be held on 28 July One year, one month and ten days: That is how long it took to build the UniCredit Pavilion and open it to the city of Milan. UniCredit’s new multifunctional structure is located in Piazza Gae Aulenti, adjacent to the Group's headquarters. It is not just an auditorium, not just a venue for events and conferences, not just an exhibition space, but all of these things at once. Its different roles have been seamlessly blended together, thanks to the ingenious modular configuration of the building’s spaces. The ceremony was attended by UniCredit Chairman Giuseppe Vita, Chief Executive Officer Federico Ghizzoni, President of the Lombardy Regional Authority Roberto Maroni, and architect Michele De Lucchi, the structure’s designer. The ribbon cutting inaugurated a building that is unique in all of Italy. At the press conference, artist Dorothée Selz provided a taste of her new work “Nutriamo la Fantasia” (“We Nourish the Imagination”), a collection of edible sculptures, specially created for the inauguration of the pavilion in collaboration with several leading Italian chefs, coordinated by the renowned Carlo Cracco. At the ceremony Mr. Vita said, “Today we present this pavilion, which will serve as a vital place for discussion, participation and experimentation, to Milan, the city with which we have been linked for more than one hundred years. It is our hope that the pavilion will facilitate interaction between the languages of economics, culture and art. We believe that bringing together diverse voices, stories and experiences is at the heart of what distinguishes us as an international group.” Mr.
  • Collaborate, Understand, Innovate

    Collaborate, Understand, Innovate

    Collaborate, understand, innovate. 2013 Reports and Accounts his report describes the work that the UniCredit & Universities Foundation is doing to support the studies and research of TEurope’s brightest young minds. It details the full range of programs implemented by the foundation to assist promising young people develop original ideas in the fields of economics and finance. Collaboration, understanding, innovation, facilitation, selectivity and responsiveness are all key aspects of the UniCredit & Universities mission. These words express the motivations that underlie the foundation’s programs for students and researchers who want to make a difference. The foundation is committed to providing them with concrete solutions and tangible benefits that can clear a pathway to their future careers. At the heart of its activities, UniCredit & Universities listens closely to its scholars and fellows to ensure that it can provide them with direct and effective support. This is a vital part of the process of enabling them to focus on their work at the world’s best academic institutions. The foundation seeks to make these opportunities available to students and researchers in every community where UniCredit is present. Inside this report, you will find the full record of the activities and ideals embraced by UniCredit & Universities. The stories and statistics it contains are intended to further enhance foundation’s relationship with all of its stakeholders and reaffirm its commitment to its work. 2013 Reports and Accounts Collaborate Working more efficiently, with better results Effective academic work requires a willingness and an ability to interact well with everyone in the university environment. At UniCredit & Universities, collaboration is not only a way of working but also a mindset.
  • Giving Hardship the Red Card - Uninews

    Giving Hardship the Red Card - Uninews

    Interview : Giving hardship the red card - UniNews https://uninews.unicredit.eu/en/articles/headlines/interview/?ida=13789 Home > Articles > Headlines > Interview > Details Giving hardship the red card September 12, 2012 On occasion of the UEFA Champions League final at the Munich it was announced that UniCredit Foundation and Hvb would be extending their partnership with the buntkicktgutassociation. On occasion of the UEFA Champions League final at the Olympiapark in Munich it was announced that UniCredit Foundation and Hvb would be extending their partnership with the Buntkicktgut association. It was back in 2009 that UniCredit first began supporting this association which uses street football as a tool for favouring integration among young immigrants that live in conditions of social hardship. The history and the goals of the project as described by Rudiger Heid, director and founder of buntkicktgut. Buntkicktgut is considered a pioneering project in street football. What does it consist of? Could you briefly talk about it? «It was around 1995/96 when I discovered that football and even more street football was an ideal and attractive medium for a continuous work with socially disadvantaged and marginalized young people - especially with a migration background. With my background as a geographer and a high sensitivity for issues of migration, ethnical or political conflicts and regional disparities I was engaged in so called community lodgings for war refugees and applicants for political asylum. Many individuals and families living there with their children came from Afghanistan and Africa, but most from former Yugoslavia in order to take refuge from the terrible and the whole decade lasting Balkan wars in the 1990s.
  • The Economist May 28Th 2016 5

    The Economist May 28Th 2016 5

    INSIDE: A 14-PAGE SPECIAL REPORT ON MIGRATION Who’s in charge in Iran? Opioids in a world of pain America’s tangled voting laws Big-headed babies, big-brained parents MAY 28TH–JUNE 3RD 2016 Life in the fast lane: CEOs and F1 A nuclear nightmare Kim Jong Un’s growing arsenal Contents The Economist May 28th 2016 5 8 The world this week Asia 33 America and Vietnam Leaders Pull the other one 11 North Korea’s weapons 34 Afghanistan’s Taliban A nuclear nightmare Aiming for the head 12 Austria’s election 35 India’s deep south Disaster averted—for now Southern comfort 12 Online platforms Nostrums for rostrums China 13 American elections 36 Retirement America’s Voting wrongs China’s Florida Voting rules electoral laws are a recipe for 14 Opioids 37 Social media chaos in November: leader, The ecstasy and the agony The dark art of astroturfing page13. Today’s voting-rights On the cover 38 Banyan disputes are less clear-cut It is past time for the world Letters Disturbing the China dream than those of the civil-rights to get serious about North era, but they are inflammatory 16 On genomics, migrants, Korea’s nuclear ambitions: all the same, page 23. China, London, cronies, Middle East and Africa leader, page11. Kim Jong Un Compulsory voting is hardest country living is on the home straight to 39 Iranian politics to enact in the places where it making his country a serious Who’s in charge? would make most difference: nuclear power. Nobody knows Briefing 40 Fighting Islamic State Free exchange, page 68 how to stop him, pages19-22 19 Nuclear North Korea
  • Unicredit S.P.A

    Unicredit S.P.A

    UniCredit S.p.A. (incorporated with limited liability as a "Società per Azioni" under the laws of the Republic of Italy) €25,000,000,000 Obbligazioni Bancarie Garantite Programme Guaranteed by UniCredit OBG S.r.l. (incorporated with limited liability as a "Società a responsabilità limitata" under the laws of the Republic of Italy) Under the €25,000,000,000 Obbligazioni Bancarie Garantite Programme (the “Programme”) described in this prospectus (the “Prospectus”), UniCredit S.p.A. (in its capacity as issuer of the OBG, as defined below, the “Issuer”), subject to compliance with all relevant laws, regulations and directives, may from time to time issue obbligazioni bancarie garantite (the “OBG”) guaranteed by UniCredit OBG S.r.l. (the “OBG Guarantor”) pursuant to Article 7 bis of Italian law No. 130 of 30 April 1999 (Disposizioni sulla cartolarizzazione dei crediti), as amended from time to time (the “Law 130”) and regulated by the Decree of the Ministry of Economy and Finance of 14 December 2006, No. 310, as amended from time to time (the “MEF Decree”) and the supervisory guidelines of the Bank of Italy set out in Title V, Chapter 3 of the “Nuove Disposizioni di Vigilanza Prudenziale per le Banche” (Circolare No. 263 of 27 December 2006), as amended and supplemented from time to time (the “BoI OBG Regulations”). The payment of all amounts due in respect of the OBG will be unconditionally and irrevocably guaranteed by the OBG Guarantor. Recourse against the OBG Guarantor is limited to the Available Funds (both as defined below). The maximum aggregate nominal amount of OBG from time to time outstanding under the Programme will not at any time exceed €25,000,000,000, subject to increase as provided for under the Dealer Agreement.
  • The Fc Bayern Munich Case Study

    The Fc Bayern Munich Case Study

    SCUOLA DELLE SCIENZE UMANE E DEL PATRIMONIO CULTURALE Corso di Laurea Magistrale in Management dello Sport e delle Attività Motorie Corporate Social Responsibility in the Sport industry: the FC Bayern Munich case study TESI DI LAUREA DI RELATORE Dott. Gaspare D’Amico Chiar. Prof. Dr. Salvatore Cincimino CORRELATORE ESTERNO Chiar. Prof. Dr. Jörg Königstorfer – Chair of Sport and Health Management at Technical University of Munich ANNO ACCADEMICO 2016 – 2017 INDEX ACKNOWLEDGEMENT ABSTRACT………………………………………………………………………….1 INTRODUCTION…………………………………………………………………...3 I. CHAPTER – CORPORATE SOCIAL RESPONSIBILITY 1. Evolving Concepts and Definitions of CSR………………………………..6 1.1 Criticism and Defensive theory of CSR……………………………….11 1.2 The origin of Stakeholder Theory……………………………………..13 1.3 Standard and certification……………………………………………..17 1.4 Evaluation and control………………………………………………...22 II. CHAPTER – CORPORATE SOCIAL RESPONSIBILITY IN SPORTS INDUSTRY 2. Definition and general aspects of CSR in the sports industry…………......26 2.1 Stakeholders Model……………………………………………………33 III. CHAPTER – THE FC BAYERN MUNICH CASE STUDY 3. Use of Case Study Research………………………………………………50 3.1 Corporate Structure of FC Bayern Munich……………………………53 3.1.1 Ownership……………………………………………………….65 3.1.2 Management…………………………………………………….68 3.1.3 Team…………………………………………………………….77 3.2 Revenues and costs drivers of FC Bayern Munich……………………79 3.2.1 Revenues of Football club………………………………...…….81 3.2.1.1 Matchday…………………………………………..……..82 3.2.1.2 Broadcasting rights……………………………………….85 3.2.1.3 Commercial Revenues……………………………………90
  • How the Imperial Mode of Living Prevents a Good Life for All for a Good Life the Imperial Mode of Living Prevents – How Researchers and Activists

    How the Imperial Mode of Living Prevents a Good Life for All for a Good Life the Imperial Mode of Living Prevents – How Researchers and Activists

    I.L.A. Kollektiv I.L.A. Kollektiv Today it feels like everybody is talking about the problems and crises of our times: the climate and resource crisis, Greece’s permanent socio-political crisis or the degrading exploitative practices of the textile industry. Many are aware of the issues, yet little AT THE EXPENSE seems to change. Why is this? The concept of the imperial mode of living explains why, in spite of increasing injustices, no long-term alternatives have managed to succeed and a socio-ecological transformation remains out of sight. This text introduces the concept of an imperial mode of living and explains how our OF OTHERS? current mode of production and living is putting both people and the natural world under strain. We shine a spotlight on various areas of our daily lives, including food, mobility and digitalisation. We also look at socio-ecological alternatives and approaches How the imperial mode of living to establish a good life for everyone – not just a few. prevents a good life for all The non-pro t association Common Future e.V. from Göttingen is active in a number of projects focussing on global justice and socio-ecological business approaches. From April to May , the association organised the I.L.A. Werkstatt (Imperiale Lebensweisen – Ausbeutungsstrukturen im . Jahrhundert/ Imperial Modes of Living – Structures of Exploitation in the st Century). Out of this was borne the interdisciplinary I.L.A. Kollektiv, consisting of young – How the imperial mode of living prevents a good life for all for a good life the imperial mode of living prevents – How researchers and activists.
  • Clear Answers for Real Benefits

    Clear Answers for Real Benefits

    Clear answers for real benefits. 2012 Reports and Accounts www.unicreditanduniversities.eu estimonials from the foundation’s fellows are woven throughout this year’s annual report to illustrate the tangible support UniCredit & T Universities is providing to the brightest young minds. These first-hand stories were collected by the foundation’s staff, who build a strong rapport with its fellows during and following their studies. The closeness of these relationships enables UniCredit & Universities to provide real solutions to the challenges its fellows face as they pursue their academic ambitions. Each story lends an authentic voice to the foundation’s commitment to supporting promising minds, advancing research and seizing the kind of opportunities that are only offered at the world’s best academic institutions. Moreover, the stories speak to the strong bond that unites UniCredit with the local communities it serves. Also featured in this report are images of special moments in the lives of the foundation’s fellows. These photographs illustrate the academic experiences of students and researchers who are pursuing their passions with intensity, discipline and commitment. Above all, UniCredit & Universities believes its primary objective is to meaningfully engage with those it comes into contact with every day. By so doing, the foundation can respond quickly, creatively and effectively to the evolving needs of its fellows. Inside you will find their success stories - the stories of young people who work hard to better themselves and the world in which they live. 2012 Reports and Accounts Governing Bodies (as at February, 27 2013) Board of Directors Dieter Rampl Chairman Anna Simioni Vice-Chairman Franco Bruni Members Giorgio Barba Navaretti Erik F.
  • Unicredit Central & Eastern European Platform

    Unicredit Central & Eastern European Platform

    UniCredit Central & Eastern European Platform Federico Ghizzoni, Chief Executive Officer London, December 2nd 2010 Agenda UniCredit Positioning and Results The Value of the Network Opportunities Strategy 2 UniCredit Positioning and Results: Key Messages Î UniCredit is the leading player in CEE Î CEE is a key contributor to UniCredit profitability... Î … with positive results in all quarters: cost control, and strong Loss Absorption Capacity Î Encouraging signs on Asset Quality Î Excellent positioning and best in class risk/return profile 3 UniCredit is the Leading Player thanks to its Unique Franchise with a Full Coverage Overview Ranking, Employees and Branches by Country(1) % Deposits mkt share 12.5%13.7%Poland’s’, #2 Markets, #2 Baltics, #7-#10#7- #100.8%0.8% -1.5% -1.5% 1.7%1.4% 5.2%4.9% Czech Rep., #4 20,27019,863 employees 200204 employees Russia, #8#9 # 1 Franchise in CEE 1,6261,718 employees 1,0301,018 branches 7 branches 3,6343,632 employees 6968 branches 123115 branches 4.0%4.1% 5.7%5.9% Slovakia, #5 Ukraine,Ukraine(2) #5, #5 1,2861,252 employees 7,9647,540 employees ~76 bn deposits 8785 branches 506499 branches from customers 5.6%5.0% 6.9%6.8% Hungary, #7 Romania, #6 1,9821,951 employees 2,9673,030 employees 135 branches 253246 branches ~3,860 branches 3.2%2.5% Slovenia, #4#5 Bulgaria, #1 15.0%14.7% 505527 employees 3,8353,784 employees 25 branches 243225 branches ~72,000 employees 25.8%25.4% Croatia, #1 Turkey,Turkey(3) #6, #5 8.3%8.8% 4,7894,778 employees 16,50016,441 employees 146143 branches 915889 branches 7.1%7.8%
  • Hans-Werner Sinn Und 25 Jahre Deutsche Wirtschaftspolitik

    Hans-Werner Sinn Und 25 Jahre Deutsche Wirtschaftspolitik

    SINN HANS-WERNER UND 25 JAHRE DEUTSCHE WIRTSCHAFTSPOLITIK HERAUSGEGEBEN VON GABRIEL FELBERMAYR | MEINHARD KNOCHE | LUDGER WÖßMANN HANS-WERNER SINN UND 25 JAHRE DEUTSCHE WIRTSCHAFTSPOLITIK HANS-WERNER SINN UND 25 JAHRE DEUTSCHE WIRTSCHAFTSPOLITIK Herausgegeben von Gabriel Felbermayr | Meinhard Knoche | Ludger Wößmann INHALT VORWORT 10 1 VOM LINKEN ZUM LIBERALEN : Hans-Werner Sinn und die deutsche Wirtschaftspolitik 15 LUDGER WÖSSMANN : Einleitung 16 HORST SEEHOFER : Soziale Marktwirtschaft – ein Erfolgsmodell für Bayern und Deutschland 18 WOLFGANG CLEMENT : Ein Mahner aus Prinzip 20 REINHARD KARDINAL MARX : Leitbild Chancengerechtigkeit 22 ULRICH GRILLO : Der Ökonomie-Erklärer – von A wie Arbeitsmarkt bis Z wie Zuwanderung 24 ROLAND BERGER : Hans-Werner Sinn: Volkswirt, Kommunikator, Manager 26 WOLFGANG FRANZ : Die Eiger-Nordwand und der Kombilohn: eine Reminiszenz 28 EDMUND PHELPS : Hans-Werner Sinn und Deutschlands natürliche Arbeitslosenrate 30 JAMES POTERBA : Rentenreform: Hans-Werners Forschung und politischer Einfluss 32 ASSAF RAZIN : Über den Jungen, den Politökonomen, den Unternehmer und den Freund 34 CARL CHRISTIAN VON WEIZSÄCKER : Hans-Werner Sinns Habilitationsschrift 36 ROLAND TICHY : Zwischen Sinn-Gap und Target-Falle gebofingert 38 KAI DIEKMANN : 25 Gründe, warum Hans-Werner Sinn als ifo-Präsident fehlen wird 41 2 KALTSTART : Hans-Werner Sinn und die Wiedervereinigung 47 MARCEL THUM : Einleitung 48 GEORG MILBRADT : Vereinigung ohne wirtschaftlichen Kompass 50 INHALT MARC BEISE : Der Trabi-Mann 52 4 MICHAEL C. BURDA : Die
  • 2009 Annual Report Annual 2009

    2009 Annual Report Annual 2009

    2009 Annual Report Make it simple. It’s easy with Bank Pekao S.A. 2009 Annual Report WorldReginfo - 8726ad61-3812-49f9-b8b0-e4f54728e657 Bank Pekao S.A. Mission We, Bank Pekao and UniCredit employees, are committed to generating value for our customers. As a leading bank in Poland, we are dedicated to the development of the communities in which we live, and to being a great place to work. We aim for excellence and we consistently strive to be easy to deal with. These commitments allow us to create sustainable value for all shareholders. Graphic development and Composition: Mercurio S.r.l. Studi di promozione pubblicitaria – Milan Graphic Design: No Hau Studio, Cracow Translation: Corporate Services Sp. z o.o. Pictures in the Annual Report and in the insert: Sebastian Oleksik, Artur Oleszczuk, Bank Pekao S.A. Archives. Courtesy of: Foundation Opera, Foundation Theatrum Gedanense, National Museum in Warsaw, National Theater in Warsaw, Polish P.E.N. Club, Stary Theater in Cracow. Printed on wood-free paper, consistent with European Parliament and Council Directive 94/62/EC, produced with fiber from well-managed forests. WorldReginfo - 8726ad61-3812-49f9-b8b0-e4f54728e657 Times change, but our commitments do not. We emerged from 2009 with a renewed sense of purpose and direction. What was important to us before is even more important today. Namely, our customers. Accordingly, Bank Pekao together with UniCredit Group developed a new mission statement to reinforce those principles and practices that we believe to be drivers of greater customer centricity. Emphasized in this mission is the desire to make banking as easy as possible for our customers by offering the kind of simple, straightforward solutions that can assist them in achieving their financial goals reliably and efficiently.
  • HVB DIP 2009-Registration Document

    HVB DIP 2009-Registration Document

    This document constitutes a registration document (the "Registration Document") of Bayerische Hypo- und Vereinsbank AG within the meaning of section 12 (1) of the German Securities Prospectus Act (Wertpapierprospektgesetz – "WpPG") in connection with Art. 14 and Annex XI of the Commission Regulation (EC) No. 809/2004 of 29 April 2004 (the "Regulation"). Bayerische Hypo- und Vereinsbank AG Munich, Federal Republic of Germany 20 May 2009 TABLE OF CONTENTS Risk Factors ........................................................................................................................................................... 3 Risks relating to Bayerische Hypo- und Vereinsbank AG .................................................................................. 3 Risks relating to HVB Group's Business ............................................................................................................. 4 Regulatory risks .................................................................................................................................................. 5 Responsibility Statement ...................................................................................................................................... 7 Bayerische Hypo- und Vereinsbank AG ............................................................................................................. 8 Information about HVB, the parent company of HVB Group ............................................................................ 8 Auditors ..............................................................................................................................................................