An anonymous reader writes: Bank of America Corp. is in talks to hire former CEO Wind Telecomunicazioni SpA Luigi Gubitosi for a role of leadership in the Italian investment bank, three people familiar with the discussions.
Bank of America, the second largest equity investors in the U.S., aims to increase its presence in Italy, southern Europe, after the end of Maurizio Tamagnini left the company in September, according to people who declined to be identified, because the negotiations are private.