The fund that owns ailing Italian lender Carige on Monday approved the sale of its stake to BPER Banca, a source close to the matter said, in a deal that will end a seven-year crisis at the regional ...
The depositor protection fund financed by Italian banks (FITD) held a 80% stake in Banca Carige after the lender's 700 million euro ($782 million) capital increase, market regulator Consob said on ...
ROME (Reuters) - Italy's FITD depositor protection fund will meet on Wednesday over a request by Banca Carige to change the terms of a hybrid bond the troubled bank sold to the fund to raise ...