The boards of directors of the two banks have been renewed: the new managing director of the Apulian institute is Giampiero Bergami.
First Cisl filed a civil action in the trial against the top management of the Apulian bank: "We ask for the crime of banking disaster to be introduced".
With 96% of the votes in favour, the members of Popolare di Bari gave the go-ahead for the transformation into a joint stock company and for the 933 million capital increase, the only way to avoid liquidation
The extraordinary commissioners presented the rescue plan of Banca Popolare di Bari providing for the distribution of free shares to encourage participation in the meeting at the end of June which must approve the transformation of the bank into a joint stock company and its…
The investigation by the Bari prosecutor is progressing: obstacle to supervision and false corporate communications on loans granted by the bank
INTERVIEW WITH BRUNO TABACCI, leader of the Democratic Center and secretary of the new commission of inquiry into banks - "This commission must neither interfere with the activity of banks nor overlap with the judiciary"
The Montecitorio hall approved the decree on the rescue of Banca Popolare di Bari which now goes to the Senate - The amendments on the CCBs have been set aside for now but the Government undertakes to present a provision but the green light…
The Apulian bank sold its 73,57% stake to a pool of investors led by the French fund Argenthal.
The government decree will have the certain effect of safeguarding current account holders. Instead, the shareholders are destined to lose and the bondholders are also at risk: it will depend on the judgment of the EU.
The new body is made up of three independent members: Canio Trione, Lorenzo Gorgoni and Giovanni Ferri, who will deal with all issues concerning relations with shareholders, starting from the recovery of value and the…
The Bank has securitized a loan portfolio by transferring the risk to the seller of the guarantee, the American fund Christofferson Robb & Company
The sentence of the EU Court, which rejected the arbitrary ban by the European Commission on the intervention of the Interbank Deposit Protection Fund in the rescue of Tercas and the four banks in Central Italy, restores justice but whoever pays for the heavy destruction…
The largest bank in the South does not rule out a partnership with another Popolare as long as it takes place on an equal footing and is preparing to launch the new business plan which aims to modernize the business model with a reorganization which also envisages a bad…
A new industrial plan and capital strengthening in view of the transformation into a joint-stock company are on the table of the Banca Popolare di Bari board of directors which in the next few days is preparing to take vital decisions to get out of the corner and start a new phase…