The Framework Agreement provides that the shareholders of Banca Popolare Valconca will be assigned newly issued ordinary shares of Cherry Bank. At the end of the operation, the shareholders of Banca Valconca will hold 10% of the share capital of Cherry Bank
If the Government and Parliament decide to extend the tax allocations for the merging banks to 30 June 2022, the Bper-Carige operation could reopen but without a preventive recapitalization of one billion requested by the Emilian bank and already rejected by…
The final act of the battle on deferred tax assets (DTA) is being staged in the Chamber, which would open the door to the merger with Unicredit. M5S puts its foot down and hinders the project by proposing an alliance between the weak. Here's where the…
The president of Intesa San Paolo, Gian Maria Gros-Pietro claims, in an extensive interview with Corriere della Sera, that "bank consolidation is almost inevitable, in Italy and in Europe" but that it will not affect his group for Antitrust reasons
The former mayor of Milan Letizia Moratti is the new chairman of the supervisory board of UBI, one of the leading Italian banks - The supervisory board appointed her yesterday, which also confirmed Victor Massiah as CEO of the bank