(Reuters) - With Capitalia about to be swallowed up by larger rival UniCredit for more than $29 billion, Arpe resigned while the man who tried to oust him, Capitalia's chairman Cesare Geronzi, looked set to take up a new position in the combined group.
Arpe's exit comes after six years at the Rome-based bank where he engineered a rapid turnaround that won him fans amongst international investors. But a public spat with Geronzi nearly cost him his job three months ago.
Read more at Reuters.com Business News
Arpe's exit comes after six years at the Rome-based bank where he engineered a rapid turnaround that won him fans amongst international investors. But a public spat with Geronzi nearly cost him his job three months ago.
Read more at Reuters.com Business News
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