Key facts: UniCredit to invest EUR 890 million in SMEs; Orcel eyed for UBS CEO
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UniCredit has teamed up with the European Investment Fund to offer up to EUR 890 million to boost small and medium-sized enterprises in Central and Eastern Europe by 2027.1Andrea Orcel, the Chief Executive of UniCredit, is being considered as a potential successor to Sergio Ermotti, the current CEO of UBS, who is expected to step down in 2027, according to Il Giornale.2
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