UPDATE 1-ECB scrutinises geopolitical risks for banks after Russia 'lesson' Writes through with more detail on framework By Huw Jones LONDON, July 24 (Reuters) - The European Central Bank's top banking supervisor said on Wednesday she was working on a new framework for assessing how geopolitical risks impact banks, drawing lessons from sanctions on Russia hitting operations of several euro zone lenders.

UPDATE 1-UniCredit eyes 2025 targets to cut Russia exposure, no full exit Sets 2025 targets to reduce Russia presence, but no full exit Books charges after court seizure, partly offset by writebacks Awaiting clarifications from ECB over Russia exit demands Determined not to take unnecessary risks by complying with ECB Recasts adding comments, 2025 goals over Russia exposure reduction By Valentina Za MILAN, July 24 (Reuters) - Italian bank UniCredit CRDI.MI said it aims to more than halve loans a

UPDATE 2-UniCredit tops profit forecast, makes cloud investment Better than forecast revenue in Q2, slightly ups goal Takes provisions on Russia after court seizure CEO says to wind down Russia business over 1-2 years Adds detail on Russia in paragraphs 2-4, analyst comment in paragraph 12 By Valentina Za MILAN, July 24 (Reuters) - Italian bank UniCredit CRDI.MI beat second-quarter profit expectations on Wednesday and said it was buying a Belgian digital bank that has its own cloud-based IT plat

UniCredit posts higher-than-expected second quarter profit MILAN, July 24 (Reuters) - UniCredit CRDI.MI reported on Wednesday a larger-than-expected 5% quarterly rise in net profit for the three months through June, as revenues in the period held up better than anticipated compared with the start of the year. UniCredit said net profit came in at 2.7 billion euros ($2.9 billion) for the second quarter, above a 2.36 billion euro average forecast from analysts polled by the bank.

RPT-INSIGHT-How Raiffeisen's bet on Russia took it to the brink Repeats JULY 4 story By John O'Donnell VIENNA, July 4 (Reuters) - For more than four months, U.S. envoys delivered increasingly shrill warnings to Austria's Raiffeisen Bank International RBIV.VI to scrap a deal they said had links to one of Russia's most powerful oligarchs. In May, Washington's patience snapped.