After overseeing radical transformations at Bawag and Hamburg Commercial Bank, Cerberus Capital Management now has ultimate control of HSBC’s French retail bank. Former UniCredit banker Niccolò Ubertalli is running the new business, and reveals a very different strategy to the private equity company’s German-speaking antecedents in European banking.
HSBC Revives French Sale to Cerberus, Agrees to Keep Some Loans
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HSBC SFH seals pre-M&A covered refinancing
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Santander UK takes size upon covered return
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HSBC SFH seals pre-M&A covered refi
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