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UniCredit seeks new chair candidate by early 2024, sources say

UniCredit s board is
working to pick a new candidate to chair the Italian bank by
early January as it prepares to hand Chief Executive Andrea
Orcel a new contract in spring 2024, two sources close to. ....

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UniCredit seeks new chair candidate by early 2024, sources say

UniCredit s board is
working to pick by early January a new candidate to chair the
Italian bank as it prepares to hand Chief Executive Andrea Orcel
a new contract in spring 2024, two sources close to. ....

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Ex Mediobanca star banker gets regulatory nod for Italian buyout fund

3 Min Read
LONDON (Reuters) - Former Mediobanca dealmaker Francesco Canzonieri has secured regulatory approval to launch a new buyout fund that will invest in mid-sized Italian companies, betting on a rebound in the euro zone’s third biggest economy from the COVID-19 crisis.
Francesco Canzonieri poses at Nextalia s headquarters in Milan, Italy in June 2021. FEI/ Nextalia SGR/Handout via REUTERS
Canzonieri’s Nextalia has received the green light from the Bank of Italy to manage so-called alternative closed-end investment funds and will make its debut on Italy’s private equity scene as a “società di gestione del risparmio” (SGR) - the main vehicle used for private equity funds in Italy. ....

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Ex Mediobanca star banker gets regulatory nod for Italian buyout fund

Ex Mediobanca star banker gets regulatory nod for Italian buyout fund
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Italy's Banco BPM, investor in BPER in talks on possible merger, La Stampa says

By Reuters Staff
2 Min Read
MILAN, Feb 18 (Reuters) - Italy’s Banco BPM and the biggest investor in BPER Banca have begun working on a potential merger of the two banks that could be launched in the second half of 2021, La Stampa daily reported, citing unnamed sources.
Banco BPM Chief Executive Giuseppe Castagna and Carlo Cimbri, the head of BPER Banca’s top shareholder Unipol , are in talks on the governance such merged entity could have, the paper said.
The potential tie-up was spearheaded by Banco BPM Chairman Massimo Tononi and could “count on the support of some important shareholders”, the paper reported. ....

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