UniCredit Shares Tank As CEO Is Considered For Chief Position At HSBC

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The shares of Italian banking giant UniCredit S.p.A. (OTC: UNCFF) dipped in Friday's trade in Milan as reports suggested that the company's chief executive officer Jean-Pierre Mustier was being considered for leading HSBC Holdings p.l.c. (NYSE: HSBC).

What Happened

Bloomberg reported on Thursday that Mustier is one of the bankers being considered for the top role at rival London-based HSBC.

Mustier's appointment isn't final, according to Bloomberg, …

Full story available on Benzinga.com

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