Bloomberg UniCredit SpA’s decision to replace Chief Executive Officer Federico Ghizzoni after almost six years at the helm paves the way for a strategy review that may include a capital increase and asset sales, according to analysts. Ghizzoni will depart once a successor has been chosen, the Milan-based bank said in a statement. Chairman Giuseppe Vita will lead the ...

Bloomberg Indonesia’s central bank is considering loosening lending regulations to help stoke credit growth in Southeast Asia’s largest economy. One possible measure is to let homeowners take out loans to purchase a second property “off the plan,” or one that is pre-construction, Mirza Adityaswara, senior deputy governor at Bank Indonesia, said in an interview in Jakarta. Another option is raising ...

  Reuters Malaysia’s Bank Muamalat will set up a 1 billion ringgit ($243.4 million) sukuk programme, after the Islamic lender said on Wednesday it would redeem 400 million ringgit worth of subordinated sukuk on June 15. Bank Muamalat’s new sukuk programme has loss-absorption features to meet Basel III criteria, qualifying as Tier 2 capital, rating agency RAM Ratings said in ...