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UBI CEO, speaking about probe, says confident things will be sorted out
May 14, 2014 / 1:26 PM / 3 years ago

UBI CEO, speaking about probe, says confident things will be sorted out

MILAN (Reuters) - The chief executive of UBI Banca, Italy's fifth-biggest lender, said on Wednesday he was confident the a probe into the bank's top management and its leasing unit could be successfully dealt with.

"I am confident everything will be fixed and perfectly understood," Victor Massiah told a conference call of analysts about the bank's first-quarter results after news that he and two other bank's top executives were under investigation over alleged obstruction of regulatory activity.

Reporting by Silvia Aloisi; Editing by Lisa Jucca

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