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The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

UniCredit plans German growth but not by takeovers - CEO

Reuters
A man enters a branch office of UniCredit Bank in Kiev September 25, 2014. REUTERS/Valentyn Ogirenko

FRANKFURT (Reuters) - UniCredit (CRDI.MI) Chief Executive Federico Ghizzoni on Wednesday said his group's German branch HVB had plans to expand in Germany but not through acquisitions.

Ghizzoni ruled out any interest in Postbank (DPBGn.DE), owned by Deutsche Bank (DBKGn.DE). Deutsche Bank aims to sell Postbank on the stock market as part of a group restructuring plan.

“We have no plans for acquisitions but we have a clear plan to expand our business” in Germany, he said at a conference.

(Reporting by Thomas Atkins; Editing by Jonathan Gould)