UniCredit has appointed Jefferies Group to help hedge and optimize its position in Commerzbank, according to a recent report. This move aims to manage the Italian bank's exposure to potential market fluctuations. The deal demonstrates UniCredit's commitment to prudent risk management, ensuring stability and long-term growth.

Source: https://www.bloomberg.com/news/articles/2024-10-24/unicredit-taps-jefferies-to-hedge-more-of-commerzbank-position