UniCredit Hires Veteran HSBC Dealmaker Coda to Head M&A, Sectors

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UniCredit SpA hired HSBC Holdings Plc’s Andrea Coda to head its merger and acquisitions division, part of a push by Italy’s second-largest bank to strengthen its advisory and financing solutions business.

Coda will also oversee all industry sectors, including consumer goods, healthcare, utilities and industrials, according to an internal memo seen by Bloomberg and confirmed by UniCredit. Coda — who will be based in Milan — will report to Sam Kendall, head of advisory and financing solutions.