Intesa offers to cherry pick parts of Veneto and Vicenza
Jrgen Flchle - stock.adobe.com
Intesa Sanpaolo announced on Wednesday that it was willing to acquire parts of struggling Italian lenders Veneto Banca and Banca Popolare di Vicenza. But the Italian national champion ruled out buying the banks’ subordinated bonds, non-performing loans and high-risk performing loans.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts