The fund that owns ailing Italian lender Carige on Monday approved the sale of its stake to BPER Banca, a source close to the matter said, in a deal that will end a seven-year crisis at the regional ...
MILAN (Reuters) - A depositor protection fund financed by Italian banks is ready to cover half of a potential capital increase of 1.4 billion euros ($1.6 billion) to help rescue ailing lender Banca ...
MILAN/ROME, July 30 (Reuters) - Italian banks will spend up to 636 million euros ($709 million) to keep ailing rival Banca Carige in business, according to a senior executive at the banking fund that ...
The depositor protection fund financed by Italian banks (FITD) held a 80% stake in Banca Carige after the lender's 700 million euro ($782 million) capital increase, market regulator Consob said on ...
FITD, which recently financed a rescue package for Genoa-based bank Carige (MI: CRGI), will help Mediocredito in the restructuring of Popolare di Bari. "The interbank fund assures the special ...