Carige: the Genoa court blames Malacalza and unfreezes the bank's board
The Ligurian court revokes the suspension of the Carige board and restores its full legitimacy, effectively reopening the way for the delisting and merger with Bper
Carige, green light for the increase. Badass isn't there
Ok to the 700 million increase that avoids the bankruptcy of the Ligurian bank - Malacalza presents himself but does not vote
Carige: Malacalza on the field at the assembly for the rescue
On Friday 20, the first shareholder of the Ligurian bank will participate in the meeting called to approve the 900 million euro strengthening plan - The quorum has already been reached to vote on the resolutions
Carige, ECB approves bailout: only Malacalza's yes is missing
The ECB has approved the rescue and recapitalization plan of the Ligurian bank which is now heading towards the shareholders' meeting on 20 September: only the yes of the main shareholder, Malacalza Investment, is awaited for the final go-ahead.
Carige sinks in the stock market after the strengthening plan
The stock fails to make a price and remains suspended with a theoretical drop of 48,65% after the ok to the capital strengthening plan - The red of 188,9 million in the nine months of 2019 also weighs in - Mincione…
Carige, Malacalza list ticks: Modiano president
The shareholders' meeting of the Ligurian bank voted in favor of the Malacalza family for the composition of the new board, which will be made up of 11 directors - The takeover of Mincione fails and now the hypothesis of a merger is out of the question:…
Banca Carige, Bankitalia sterilizes the Mincione-Volpi list at 9,9%
While awaiting the pronouncement of the Court of Genoa on the request of the Malacalza group to inhibit participation in the vote in the next meeting of 20 September of the competing list Mincione-Volpi, the Bank of Italy has already sterilized the agreement of the latter...
Carige, open war: Malacalza asks for the inhibition of the Mincione list
The reference shareholder, who in the meantime has increased to more than 24% of the institute, has presented an appeal to the Court of Genoa to request that the list of candidate directors presented by Pop 12 Sarl, which belongs…
Banca Carige, the challenge of the Profumo boys: Modiano against Fiorentino
The battle for the leadership of Banca Carige will see the former top managers of Unicredit from the XNUMXs on opposite sides, when the bank in Piazza Gae Aulenti was managed by Leonardo's current CEO.
Banca Carige, Malacalza rises and Modiano is a candidate for the presidency
The Ligurian entrepreneur and financier Malacalza rises to 23,9% of Banca Carige and presents a list with prominent candidates to renew the board in the meeting of 20 September: the former Unicredit candidate Pietro Modiano for the presidency with Reichlin deputy
Carige: Malacalza asks to convene a meeting to revoke the Board
According to the Genoese family, the "definition and implementation of further interventions requested by the ECB" cannot "be guided by whoever prepared the new capital conservation plan which the ECB now appears not to agree with"
Carige: Malacalza also leaves the Board
The decision, explains Vittorio Malacalza in a letter, "was determined among other things by the recent resignations of other directors and by the contents of the same, as well as by the attempt by the Chief Executive Officer to delegitimize my role"
Carige, Cimbri: "UnipolSai has sold its 3%"
And the shares of Banca Carige run in Piazza Affari after the financier Raffaele Mincione said that the bank could be worth double or even triple if it agreed to be bought.
Carige, Malacalza subscribes unopted and rises to 22,5%
The family holding company of the entrepreneur from Piacenza subscribed shares for another 25 million but could have done so up to 69,5 million, thus rising to 28%.
Carige: after unopted adhesion, increase rises to 71%, for 353 million
For the remaining part, Malacalza Investimenti has the right to reach a stake of up to 28% of the share capital of Carige from the current 17,6%.
Banks: Malacalza, in Carige you can't be the boss
Carige's main shareholder is discovering to his cost that in the bank, unlike other economic sectors, ownership does not have absolute power but must comply with the often fluctuating guidelines of the Authorities
Carige cleared up: Malacalza and Volpi go up
After a troubled day, with the stock temporarily suspended at the opening, reassuring signs are arriving for Banca Carige. Important steps towards the ok for the super capital increase of 560 million. There is time until December 31st for the green light of the…
Carige: Malacalza rises to 28%, run by consortium
In a note from Malacalza Investimenti it confirmed its formal commitment to subscribe its share of the increase, after having risen to 28% of the share capital from the previous 17,6% - Turbulence at Carige: increase at risk, share suspended even today.
Stock Exchange, Carige snap on negotiations with Unipol: +5,1%
The stock of the Genoese bank is driven by the rumors about the agreements for the capital increase. Quarterly report as at 30 September presented: losses down but the intermediation margin drops by 39%
Carige, board of directors distrusts Bastianini by majority
On the agenda was the discussion of the letter of no confidence in the managing director presented at the last board meeting by the vice president and main shareholder Vittorio Malacalza.
Carige towards the showdown: board of fire
Tomorrow the board of directors of the Ligurian bank will take note of the letter from the vice president and main shareholder Vittorio Malacalza, who accuses CEO Bastianini of having "withheld information" asking for his immediate dismissal.
Carige, Malacalza distrust CEO Bastianini
Troubled waters in the Genoese banking institution: the first shareholder, during yesterday's board meeting, disheartened the managing director.
Carige: ok to action against ex manager
Green light from the shareholders' meeting for the two resolutions containing liability actions against the "historic" former president Giovanni Berneschi, the former president Cesare Castelbarco Albani and the former CEO Piero Luigi Montani - 2016 accounts approved - The CEO Bastianini: "Increase in…
Banca Carige: Court rejects Apollo's appeal
Malacalza will therefore be able to vote in the assembly in which it will be decided whether to proceed with a legal action against the past management of the bank and the fund itself - Malacalza: "disconcerting, instrumental and reckless judicial action" -
Banks: Apollo pressing on Carige
A "friendly" offer that would allow Carige to enter the aggregation scene - Apollo continues its moral suasion on Carige, while the Malacalza era officially begins with the establishment of the new board led by Guido Bastiani
Carige: the new Malacalza board of directors is underway, Tesauro president
To Vittorio Malacalza the vice-presidency, Bastianini towards the position of CEO. The controlling shareholder will express 10 directors out of 15 - The unknown factor of the Apollo fund remains open.
Carige Assembly at the crossroads between the Malacalza and Apollo
The institute's shareholders, called to deliberate on the balance sheet and board of directors, are awaiting developments on the offer of the US Apollo fund - The Malacalza family, Carige's majority shareholder, could present an alternative plan - The stock falls on the Stock Exchange.
Carige: here are the names of Malacalza for the new Board of Directors
The list presented by Malacalza Investimenti for the renewal of the board includes Giuseppe Tesauro as candidate for the presidency, Vittorio Malacalza for the vice-presidency and Guido Bastianini as managing director in pectore - Title soars on the stock market today too.