MILAN, April 28 Unicredit, Italy's
biggest bank by assets, plans to sell between 25 and 35 percent
of online banking unit Fineco on the stock market by the end of
July, its chief executive said in a newspaper interview
published on Monday.
"The aim is to introduce Fineco to people abroad, create
value and re-invest a large part of the proceeds into growing
the company," Federico Ghizzoni told CorrierEconomia.
Sources told Reuters earlier in April that the bank was
considering listing around 35 percent of the unit.
If the Fineco listing goes ahead in July, it could become
the second public share sale by a financial company on Milan's
bourse this year, following asset manager Anima Holding
(Reporting by Isla Binnie; Editing by Mark Potter)