UniCredit loses banking chief

Piergiorgio Peluso, UniCredit's corporate banking chief for Italy, will be stepping down from his post, Bloomberg reported. He will join Fondiaria-Sai, Italy's second-biggest insurer, according sources close to the situation.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions