Ukraine’s banks need at least 50 billion hryvnia ($4.2 billion) to 60 billion hryvnia in fresh capital, central bank Governor Stepan Kubiv said, giving a more downbeat view than the country’s biggest foreign lender.
UniCredit SpA appointed Deputy Chief Executive Officer Roberto Nicastro to a new position of general manager in an attempt to smooth relations with investors, while Sergio Ermotti , head of the investment bank, decided to step down after the management shakeup.
UniCredit SpA , Italy’s largest bank, may appoint Roberto Nicastro , one of four deputy chief executive officers, to a new position of general manager, daily Corriere della Sera reported, without saying where it got the information.
UniCredit SpA Chief Executive Officer Federico Ghizzoni yesterday offered deputies Roberto Nicastro and Sergio Ermotti general manager positions, newspaper MF reported, without saying where it got the information.
UniCredit SpA ’s board may choose an internal candidate to replace Alessandro Profumo as chief executive officer, and create a general manager role to share duties, two people with knowledge of the matter said.
UniCredit SpA Chief Executive Officer Federico Ghizzoni may propose the appointment of two general managers in an attempt to smooth relations with investors, two people with direct knowledge of the matter said.
The management shakeup at UniCredit SpA, Italy’s largest bank, may serve to increase the influence of Italy’s banking foundations, institutions that trace their roots to the 17th century, and curb its international growth.
The German market for private customer business has a structural deficiency and savings banks have an unfair advantage, according to Roberto Nicastro , UniCredit SpA ’s deputy chief executive officer, the Financial Times Deutschland reported.