#UniCredit #RemoteWork [#BankingNews]() #AndreaOrcel #Smartworking # UniCredit to End Remote Work for Italian Staff November 6, 2026 at 02:44 PM > CEO Andrea Orcel announces a phase-out of smartworking by 2027, sparking criticism from trade unions despite record bank profits. **UniCredit**, the **Milan**-based parent company of **Bank Austria**, is significantly tightening its remote work policies. CEO **Andrea Orcel** announced that the current allowance of ten smartworking days per month for Italian staff will be largely eliminated by 2027. Executives face immediate changes this month, while other employees must soon submit justified applications for home office approval to department heads. The bank argues that personal collaboration is essential for skill development and knowledge transfer. Trade unions have criticized the unilateral decision and are considering protests. The dispute follows 22 quarters of record results, including a 6.3 billion euro profit, and involves further conflicts over branch hours and digital learning restrictions. **Italy** ## Related news #RBI #RaiffeisenBank #RussiaExit #Strabag [#BankingNews]() October 5, 2026 at 08:41 AM ## [RBI CEO Michael Höllerer Confirms Russia Exit Plan]() > Raiffeisen Bank International CEO Michael Höllerer outlines market exit challenges and a 3.15 billion euro legal victory against Rasperia. #RaiffeisenBank #GrizzlyResearch #Sanctions [#BankingNews]() #StockMarket September 17, 2026 at 02:11 PM ## [Raiffeisen Shares Drop Amid Sanction Allegations]() > Raiffeisen Bank International shares fell 8% after Grizzly Research alleged the bank enabled sanctions circumvention for Russia and Iran.