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UniCredit’s Kendall leads fresh M&A push as Italian lender steps up dealmaking ambitions

UniCredit is looking to grow M&A and ECM fees after a two year drive under the former UBS executive

By Paul Clarke
Andrea Orcel has upped UniCredit’s investment banking ambitions since he took over as CEO, with an old colleague now playing a key role
Andrea Orcel has upped UniCredit’s investment banking ambitions since he took over as CEO, with an old colleague now playing a key role Photo: Hollie Adams via Getty Images

When UniCredit chief executive Andrea Orcel looked to bolster the Italian lender’s dealmaking unit, he turned to a former lieutenant from his days at UBS to lead the charge. 

Sam Kendall had led UBS’s equity capital markets business globally, and also headed the Swiss bank’s US unit during a two-decade career there. 

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