Carige, Malacalza distrust CEO Bastianini

The relationship between the first shareholder of Carige, Malacalza, and the managing director Guido Bastianini is at loggerheads. According to two sources to Radiocor Plus, the vice president of the institute Vittorio Malacalza presented a letter of no confidence in the managing director at yesterday's meeting of the board of directors: the decision comes at the height of the growing differences with the CEO. d. on the process of strengthening the bank's capital. The content of the letter and, consequently, Bastianini's position will - according to the sources themselves - be the subject of a specific meeting of the board of directors to be held next week.