Browsing All posts tagged under »Credito Valtellinese«

The Italian Government forces biggest listed cooperative banks to change their ownership into public traded corporation

January 28, 2015

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Through the so-called “Investment Compact” Law Decree, approved on January 20th, the Italian Government aims at deeply reforming the biggest Italian cooperative banks, i.e. the “popular banks” (banche popolari). Pursuant to the new rules, all “popular banks” with more than 8 million Euros of total assets shall change their status from cooperative to public traded […]