Bloomberg News

UniCredit CEO Seeks Broader Use of Collateral in ECB Borrowing

November 16, 2011

Nov. 16 (Bloomberg) -- UniCredit SpA Chief Executive Officer Federico Ghizzoni will ask the European Central Bank to broaden the type of assets banks can use as collateral.

Ghizzoni is among bankers meeting with the ECB in Frankfurt today. Ghizzoni’s remarks, originally reported by Corriere della Sera today, were confirmed by a spokesman.

To contact the editor responsible for this story: Elisa Martinuzzi at emartinuzzi@bloomberg.net


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