27 million euro loss for the second quarter on Friday. Giorgio Seronello, Head of Information-Communication Technology. The three investors now have 15 days to obtain the necessary clearance or they won't be able to exercise their voting rights for the part exceeding the 10 percent threshold, it said.
Carige, cEO says arguments must stop for bank to tap
Banca Carige, chart (crgi)
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Malacalza has submitted a list of board nominees proposing to replace Fiorentino with UBS banker Fabio Innocenzi. Stock Markets, aug 04, 2018 04:40AM ET, reuters. Carige said in a statement on Thursday night it had received a letter from the Bank of Italy saying the regulator had informed the three shareholders they lacked the authorisation needed for a banking stake larger than 10 percent. Boardroom conflicts have thrust Carige, Italy's last remaining large problem bank, into the spotlight, putting at risk a turnaround which was just starting to bear fruit. (Reporting by Valentina Za; Editing by Mark Potter). 20 to elect a new board and try to solve a governance crisis that has irked European Central Bank supervisors.