UniCredit SpA , Italy’s biggest bank, named Deputy Chief Executive Officer Federico Ghizzoni as CEO nine days after his predecessor Alessandro Profumo quit under pressure from investors.
UniCredit SpA Chief Executive Officer Federico Ghizzoni said a solution to the “tense and complicated” crisis in Ukraine is needed to avoid harming business in Europe.
UniCredit SpA, Italy’s biggest bank, said first-quarter profit rose 59 percent after it set aside less money for bad loans and costs declined.
Henry Kravis, the king of rough-and- tumble leveraged buyouts, picked up a phone at his home in Palm Beach, Florida, and called the chief executive officer of one of Spain’s biggest producers of building materials.
"We feel absolutely fine because we do not have anything to fear, at least so far."
- Federico Ghizzoni on Aug 06, 2014