Finance: Off the record

A friend of the outgoing UniCredit CEO is sceptical about him taking on the top job back at his old shop

“Jean Pierre Mustier is the most Calvinistic person I know; it’s like he wears a hairshirt. But Societe Generale is incurable”

A friend of the outgoing UniCredit CEO is sceptical about him taking on the top job back at his old shop

“We can’t tell yet whether companies will invest in capex in 2021. They’re awash with funding. But right now, they’re hoarding cash like people were hoarding toilet roll in the first lockdowns”

This DCM banker fears the flow of large corporate deals may be blocked in 2021

“I feel a little sorry for Thomas.

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