Edition:
India

Gianluca Semeraro

UniCredit confirms 6,000 Italy job cuts as union talks begin

10 Feb 2020

MILAN UniCredit confirmed plans to cut 6,000 jobs in Italy over the next four years as the country's biggest bank began the negotiation process with unions on Monday over layoffs and branch closures.

Mediobanca to change rules to let outsiders in as CEO

06 Feb 2020

MILAN Mediobanca wants its governance rules to be brought more into line with market standards to allow an outsider to become chief executive, the Italian investment bank's boss said on Thursday.

UPDATE 2-Mediobanca to change rules to let outsiders in as CEO

06 Feb 2020

MILAN, Feb 6 Mediobanca wants its governance rules to be brought more into line with market standards to allow an outsider to become chief executive, the Italian investment bank's boss said on Thursday.

Boards of Fiat Chrysler, Peugeot owner PSA, sign off on merger: sources

18 Dec 2019

MILAN The boards of French carmaker PSA , the owner of Peugeot, and Fiat Chrysler (FCA) in separate meetings on Tuesday approved a binding agreement for a $50 billion merger, sources said.

Mediobanca bets on wealth management, seeks M&A deals

13 Nov 2019

MILAN Mediobanca on Tuesday defied calls from its new top shareholder for the bank to return to its investment banking roots by outlining plans to expand its wealth management and consumer credit businesses.

Italy's Del Vecchio targets Mediobanca stake above 10%: sources

08 Nov 2019

By Gianluca Semeraro, Claudia Cristoferi and Pamela Barbaglia

Del Vecchio's clout at Mediobanca boosted after Bollore cuts stake

28 Oct 2019

MILAN Italian eyewear billionaire Leonardo Del Vecchio has become Mediobanca's second biggest shareholder, strengthening his hand in a campaign for change at the Italian bank, after French businessman Vincent Bollore cut his stake in the lender.

Mediobanca CEO defends strategy under fire from Italian billionaire

24 Oct 2019

MILAN Mediobanca's chief executive defended its expansion into consumer credit and wealth management on Thursday after billionaire Leonardo del Vecchio, who has bought 7% of the Italian investment bank, questioned the strategy.

UPDATE 1-Mediobanca CEO defends strategy under fire from Italian billionaire

24 Oct 2019

MILAN, Oct 24 Mediobanca's chief executive defended its expansion into consumer credit and wealth management on Thursday after billionaire Leonardo del Vecchio, who has bought 7% of the Italian investment bank, questioned the strategy.

Italy's biggest bank wants to become less Italian

21 Oct 2019

MILAN The chief executive of UniCredit has a plan to revive his company's ailing share price - make it less Italian.

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