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 ...

MILAN (Reuters) - A depositor protection fund financed by Italian banks is ready to cover half of a potential capital increase of 1.4 billion euros ($1.6 billion) to help rescue ailing lender Banca ...

ROMA (Reuters) - The Italian depositor guarantee fund (FITD) will examine this week a plan to recapitalise ailing regional lender Popolare di Bari <BPBARI.HT>, which needs up to 1 billion euros (859 ...

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 ...

MILANO (Reuters) - Italy's BPER Banca said on Tuesday it is ready to discuss in depth its offer to buy the Carige's with the owner of the ailing regional lender. Last week BPER Banca made a takeover ...

MILAN/ROME, July 30 (Reuters) - Italian banks will spend up to 636 million euros ($709 million) to keep ailing rival Banca Carige in business, according to a senior executive at the banking fund that ...

ROME (Reuters) - Italy's FITD depositor protection fund will meet on Wednesday over a request by Banca Carige (CRGI.MI) to change the terms of a hybrid bond the troubled bank sold to the fund to raise ...

MILAN, July 30 (Reuters) - Italian banks have approved a rescue plan for ailing peer Banca Carige, the head of the FITD depositor guarantee fund said on Tuesday. "We're confident this will be the ...