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More Volatility And Rescues For U.S. Banks, Says UniCredit CEO

A top banking executive highlighted

A top banking executive highlighted a possible divergence in fortunes for the finance sector in both Europe and the U.S, suggesting that more rescues of American regional lenders are likely.

Andrea Orcel, the CEO of UniCredit, believes that there could be more “rescues” among U.S. banks with increased

Cleveland Bank on LinkedIn: Top banking CEO warns of further

UniCredit CEO Andrea Orcel said

A top banking executive highlighted a possible divergence in fortunes for the funds sector in both Europe and the U.S, suggesting that more rescues of American regional lenders are likely.

UniCredit CEO Andrea Orcel predicts more rescues of American regional lenders due to higher interest rates from the Federal Reserve, while European banks are well-capitalized and face

UniCredit CEO Andrea Orcel said that US Banks might face more volatility in the near future. Orcel said that there could more rescues in

UniCredit CEO Orcel Says Bank Failures Were Isolated

Top banking CEO warns of further volatility and predicts more U.S.