UniCredit’s Ghizzoni Survives Calls for Management Shift
49:02 - UniCredit SpA said its board unanimously backs Chief Executive Officer Federico Ghizzoni, rebuffing shareholders who have called for a change in management. The comments came in a regulatory statement Tuesday after Italy’s biggest bank said fourth-quarter profit fell on one-time charges related to the lender’s reorganization and its share of costs for winding down four Italian banks.
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