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Italy's BPER selected for Carige rescue deal

The Italian banking fund that owns Carige after a 2019 rescue has picked BPER Banca to negotiate a sale it hopes will end a seven-year crisis at the ailing lender.
Business • 11 Jan 22

Italian bank BPER improves offer for Carige - sources

Italy's fifth-largest bank BPER Banca has improved its offer for ailing peer Carige to prevail over rival suitor Credit Agricole Italia, two sources close to the matter have said.
Business • 10 Jan 22

Shares in Italy's Carige jump as bidders line up

Shares in Carige rose 11% today as the owner of the troubled Italian bank prepares to select a suitor for exclusive negotiations while a third potential buyer emerged.
Business • 07 Jan 22

Italy's Carige says it needs to raise €630m in capital

Italian bank Carige said today it needed to raise €630m in capital after posting a €273m loss for 2018, hit by a clean-up of bad loans as it looks for a buyer.
Business • 27 Feb 19

Carige top investor to meet ECB after blocked cash call

The top investor in Carige will discuss the future of the troubled Italian bank at a meeting with European Central Bank supervisors this week after blocking a vital cash call, two sources close to the matter said.
Business • 27 Dec 18

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