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UnipolSai CEO under investigation for alleged market rigging - source
May 22, 2014 / 9:33 AM / 4 years ago

UnipolSai CEO under investigation for alleged market rigging - source

MILAN, May 22 (Reuters) - Carlo Cimbri, the chief executive of Italy’s No. 2 insurer UnipolSai, is under investigation for alleged market rigging, an investigative source said on Thursday.

The investigation is part of a probe by Milan prosecutors into the merger of the Bologna-based Unipol group with peer Fondiaria-SAI.

UnipolSai had no immediate comment.

Reporting by Manuela D'Alessandro, editing by Paola Arosio

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