UniCredit Hits 4-Year Low as Capital, Succession Concerns Mount

  • Shares touch lowest since July 2012; succession may take weeks
  • Barclays analysts say asset sales would lift capital, hurt ROE

UniCredit SpA’s shares extended losses, dropping to the lowest in almost four years, as analysts said its next chief executive officer faces a difficult challenge to boost capital and that a drawn-out succession process may indicate discord on the bank’s board.

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