The shareholders of the four institutions in crisis _ Banca Marche, Etruria, Chieti and Ferrara - will be able to take action against Ubi and Bper for damages deriving from the investment services received before the acquisition. Ubi and Bper will still be covered by financial guarantees…
Green light from the supervisory board for the merger of Banca Adriatica (formerly Nuova Banca delle Marche), Banca Tirrenica (formerly Nuova Banca dell'Etruria e del Lazio), Banca Teatina (formerly Nuova Cassa di Risparmio di Chieti), Carilo-Cassa di Savings of Loreto and Banca…
The Benetton family company closed the first six months of 2017 with a consolidated net profit of 518 million, up 25% - Revenues and EBITDA are up - For Ubi the six months close with a…
The Fund would have received the go-ahead to purchase a substantial package of non-performing loans from Banca Marche, Banca Etruria and Carichieti, the three banks about to switch to Ubi.
"We are not here to save anyone, we are a private company, at most we are here to evaluate value creation operations". These are the unequivocal words pronounced by the managing director of Ubi Banca, Victor Massiah, answering a question from a shareholder on the hypothesis…
Expressions of interest for the purchase of Banca Etruria, Banca delle Marche, Carife and Carichieti - Binding offers by the end of the month - Bper is in the running (it wants Etruria), Cariparma (it aims at Carife), Ubi (it looks at Carife), People of Bari (wants Carichieti),…
The Apollo and Lone Star Funds presented two binding offers for the en bloc purchase of the bridge banks created by the four credit institutions placed under resolution by the Government - One offer concerns Banca Etruria only, while Apax asks to re-enter…
