--UniCredit S.p.A. (UNCFF) Chief Executive Jean Pierre Mustier said the bank stopped using Facebook for advertising, and will maintain that stance until Facebook adopts "proper ethical behavior," Reuters reported Tuesday.

--The bank CEO answered yes when asked if the decision was influenced by the recent scandal involving Cambridge Analytica, the report said.

Full story: https://www.reuters.com/article/us-facebook-unicredit/unicredit-has-stopped-using-facebook-for-advertising-ceo-idUSKBN1KS1N5?il=0

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

August 07, 2018 11:53 ET (15:53 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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