Share

Ubi Banca denies: "No merger with Banca Etruria"

“In relation to press and market rumors currently circulating, Ubi Banca confirms that the merger hypothesis with Banca Popolare dell'Etruria e del Lazio is groundless. There are no contacts in progress and there is no open dossier”: this is the brief note of denial from Ubi Banca.

Ubi Banca denies: "No merger with Banca Etruria"

"In relation to press and market rumors currently circulating, Where's Banca confirms that the aggregation hypothesis with the is groundless Banca Popolare dell'Etruria and Lazio. There are no contacts in progress and there is no open file". In a very concise note, Ubi Banca nips the hypothesis of the merger with Banca Etruria. Often, however, a denial, as a master of journalism like Indro Montanelli said, is news given twice. Perhaps this is not the case. But that's why that hypothesis of aggregation is not really unfounded.

The Banca Popolare dell'Etruria is going through a period that is certainly not happy and after the inspection by the Bank of Italy it finds itself having to seek an aggregation with another credit institution. From Arezzo we immediately looked to Ubi Banca.

comments