focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

UniCredit may make announcement later on Friday on CEO Mustier's future-sources

Fri, 21st Feb 2020 17:06

MILAN, Feb 21 (Reuters) - Italy's biggest bank UniCredit
may make an announcement as early as Friday night on
the future of boss Jean Pierre Mustier, two sources familiar
with the matter said, after reports he is vying for the top job
at rival HSBC.

Shares in UniCredit fell 3.9% on Friday, against a 2.3% drop
in Italy's banking index, hit by reports of
Mustier's possible departure.

A third source familiar with the matter had said earlier on
Friday Mustier was a candidate to succeed HSBC interim CEO Noel
Quinn who earlier this week unveiled a major overhaul at the
bank, its third since the financial crisis.

Speaking on condition of anonymity because deliberations are
private, the sources said the bank was considering whether to
make an announcement but there was no certainty that it would.

(Reporting by Valentina Za in Milan and Pamela Barbaglia in
London, editing by James Mackenzie)

Related Shares

More News
21 May 2024 16:41

Singapore sells 30-year green bond, raising $1.9 billion

Yield set at 3.30%, coupon rate at 3.25% *

21 May 2024 14:08

Begbies Traynor proclaims "strong performance" ahead of annual results

(Alliance News) - Begbies Traynor Group PLC on Tuesday said it expects to report increased revenue and earnings for its latest financial year.

20 May 2024 16:11

IN BRIEF: HSBC issues EUR1.25 billion fixed to floating rate notes

HSBC Holdings PLC - London-based Asia-focused lender - Issues EUR1.25 billion 3.755% fixed to floating rate notes due 2029 under its debt issuance pro...

20 May 2024 09:57

SDI profit expected to slump 32% despite trading uptick in second half

(Alliance News) - SDI Group PLC on Monday said it remains in a good position to continue with its buy and build strategy despite a drop in overall per...

16 May 2024 20:05

PRESS: HSBC shareholder, Ping An, mulls options for stake — Bloomberg

(Alliance News) - Ping An Insurance Group Co is weighing options that would allow it to reduce its 8% stake in HSBC Holdings PLC, Bloomberg reported T...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.