Board and lodging

Is Unicredito’s chief executive, Alessandro Profumo, just a little too keen to buy HVB? First his chairman, Carlo Salvatori, has said a deal would be a wonderful thing – even before the terms have been agreed. Then it emerged Unicredito would give the chairman’s job to Dieter Rampl, HVB’s chief executive. And now Unicredito is considering giving HVB some sort of autonomy after any merger, according to a person familiar with the situation. Given that Unicredito might also have to pay a premium fo...