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Rating:Pioneer's Fate Hinges on Regs Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 07, 2010

Pioneer's Fate Hinges on Regs

News summary by MFWire's editors

Will UniCredit offload all or just a portion of Pioneer Investments? The answer will depend on the Basel III financial regulations, UniCredit chief financial officer Marina Natale told Dow Jones Newswires.

"UniCredit is evaluating all possible options," Natale was quoted as saying. She added that the decision likewise depends on "how banks will be asked to book minority stakes of financial companies," under the new regs. 

Edited by: Armie Margaret Lee


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