Important meeting: A customer waits outside a UniCredit SpA bank branch in Milan. Discussions on the bank’s strategy and governance are set to continue this week after board members held an unscheduled meeting on Sunday. — Bloomberg
MILAN: UniCredit SpA is entering a vital week of talks on the future of chief executive officer Jean Pierre Mustier, with doubts about his future growing after a rift over the potential takeover of troubled rival Banca Monte dei Paschi di Siena SpA.
Discussions on the bank’s strategy and governance – including Mustier’s leadership – are set to continue this week after board members held an unscheduled meeting on Sunday. The informal discussions focused on board renewal ahead of the end of Mustier’s term in April, according to people with knowledge of the matter.
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