Sven Giegold

banca carige

Letter to the European Commission on the compliance of the capital injection into Banca Carige with European State Aid rules

On 12 November 2018, the board of Italy’s interbank deposit guarantee fund (FITD) stated that it had agreed to support the issue of a subordinated convertible bond worth up to €400m as part of a turnaround plan to increase the capital of Banca Carige. According to Banca Carige, all main Italian banks have “voluntarily” guaranteed […]