UniCredit’s Russia Exit Had a Family Connection – CEO’s Brother Brokered the Deal
Source: Reuters The Italian bank turned to an unlikely insider to finally close its Russian chapter. UniCredit has confirmed that Riccardo Orcel, brother of its own CEO Andrea Orcel, played a key role in arranging the bank’s exit from Russia. Riccardo spent years as a senior figure at Russian state-backed VTB Group before stepping […]
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