<p fr-original-style="" style="margin-top: 0px; margin-bottom: 1em; box-sizing: border-box;">• <a fr-original-style="" href="https://www.reuters.com/business/finance/unicredit-ceo-orcel-takes-direct-charge-italian-business-memo-2022-07-06/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank"><strong fr-original-style="" style="font-weight: 700; box-sizing: border-box;">UniCredit CEO Andrea Orcel</strong></a> has taken direct responsibility for running the Italian bank's domestic business after the board decided to remove the country's head Niccolo Ubertalli due to internal friction over strategy, according to Reuters. "The success of Italy is fundamental to the success of our group," Chairman Pier Carlo Padoan and CEO Orcel said in an internal memo.</p>

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