MARKETWATCH reports:
With the latest cut he has announced on his salary, Jean Pierre Mustier, the Chief Executive of UniCredit, Italy’s largest bank, will have shrunk his total compensation this year by 75%. Mustier is no newcomer to the practice, having already cut his pay when he embarked on a thorough restructuring of the bank’s business, which he has since made a much-lauded success story. Mustier also chairs the European Banking Federation, …

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Source: The Loadstar