Intesa’s CEO has ruled out leading a rescue effort for Carige. On Wednesday, Intesa Sanpaolo’s Chief Executive Carlo Messina stated, it will not invest any more into an industry fund that could come to the rescue of struggling regional lender… Read More ›
Although neither BlackRock nor Carige gave a reason for the pullout, sources say BlackRock’s reasons include excessive risks. On Thursday, U.S. asset manager BlackRock stated, it has pulled out of a proposed rescue of Italian bank Carige, which raises the… Read More ›
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