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 ...

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 ...

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 ...

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 ...

MILAN, Jan 9 (Reuters) - The head of Italy's depositor guarantee fund FITD said on Wednesday the fund had not yet taken a decision on a request from Banca Carige to change the conditions of a hybrid ...

FITD, which recently financed a rescue package for Genoa-based bank Carige (MI: CRGI), will help Mediocredito in the restructuring of Popolare di Bari. "The interbank fund assures the special ...