Provisions loom over UniCredit IB as Mustier quits

Owen Sanderson,

Steven Gilmore

August 06, 2014 10:30 am

Jean Pierre Mustier UniCredit

UniCredit's investment banking results are dominated by loan losses, with financing revenues from Italy swelling 62% but entirely wiped out by provisions taken in the region. Separately, Jean Pierre Mustier, the head of the unit, announced his departure on Tuesday.

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OS

Owen Sanderson

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Steven Gilmore