Advertisement
Singapore markets open in 5 hours 39 minutes

  • Straits Times Index

    3,272.72
    +47.55 (+1.47%)
     

  • S&P 500

    5,069.38
    +58.78 (+1.17%)
     

  • Dow

    38,482.85
    +242.87 (+0.64%)
     

  • Nasdaq

    15,708.39
    +257.08 (+1.66%)
     

  • Bitcoin USD

    66,564.72
    +187.73 (+0.28%)
     

  • CMC Crypto 200

    1,435.22
    +20.46 (+1.45%)
     

  • FTSE 100

    8,044.81
    +20.94 (+0.26%)
     

  • Gold

    2,336.80
    -9.60 (-0.41%)
     

  • Crude Oil

    83.36
    +1.46 (+1.78%)
     

  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     

  • Nikkei

    37,552.16
    +113.55 (+0.30%)
     

  • Hang Seng

    16,828.93
    +317.24 (+1.92%)
     

  • FTSE Bursa Malaysia

    1,561.64
    +2.05 (+0.13%)
     

  • Jakarta Composite Index

    7,110.81
    +36.99 (+0.52%)
     

  • PSE Index

    6,506.80
    +62.72 (+0.97%)
     

UniCredit to discuss on June 1 choice of headhunter for new CEO

Reuters
The headquarters of UniCredit bank is seen in Milan, Italy, in this February 8, 2016 file photo. REUTERS/Stefano Rellandini

MILAN (Reuters) - Italy's UniCredit (CRDI.MI) said on Wednesday Chairman Giuseppe Vita and three of its top executives will meet on June 1 to discuss the selection of a specialist headhunter recruitment firm to help it find a new chief executive.

Italy's biggest bank by assets said on Tuesday its Chief Executive Federico Ghizzoni would step down and asked Vita to start the succession process.

Candidates tipped for the job of CEO include Frenchman Jean-Pierre Mustier, a former Societe Generale (SOGN.PA) and UniCredit executive, UBS's (UBSG.S) investment banking boss, Andrea Orcel, and Merrill Lynch's (BAC.N) Italy chief, Marco Morelli.

(Reporting by Francesca Landini)