Italy’s FITD fund approves sale of Carige stake to BPER
The fund that owns ailing Italian lender Carige approved the sale of its stake to BPER Banca. This was stated in a deal that will end a seven-year crisis at the regional lender. BPER is Italy’s fifth-largest bank. Over the last month, they entered exclusive talks over Carige with Italy’s FITD depositor protection fund. And, they […]