UniCredit renews commitment to boosting shareholder returns - chairman
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MILAN (Reuters) - UniCredit remains strongly committed to increasing returns for investors in Italy's biggest bank, its chairman said, following a decision to suspend dividend payments and a share buyback to comply with supervisory guidance.The decision on payouts prompted by the regulatory response to the new coronavirus crisis has come as a blow to UniCredit CEO Jean Pierre Mustier's strategy of focusing on boosting shareholder returns after shelving plans for a cross-border merger."This..