Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia

CRG

IT0005428195

Italy's BPER to present new plan after Carige deal closes - CEO

February 15, 2022 at 01:17 pm EST

(Repeats without changes)

MILAN (Reuters) - Italy's fifth-largest bank BPER Banca will present a new business plan after the closing of the deal for Carige, Chief Executive Piero Luigi Montani said in a statement on Tuesday.

Details of synergies from the deal will be provided only after the closing, expected by the end of June, said Montani, adding that the group will develop a private banking business using Carige's unit Banca Cesare Ponti.

BPER on Monday agreed to buy Carige after entering exclusive talks with Italy's FITD depositor protection fund last month. ($1 = 0.8813 euros)

(Reporting by Federico Maccioni; Editing by Keith Weir)

Latest news about Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia

Affidea Q Diagnostica acquired pledge credit business of BPER Banca S.p.A., from Banca del Monte di Lucca S.p.A. and Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia for € 8.75 million.	22-09-30	CI
Custodia Valore - Credito su Pegno S.p.A. completed the acquisition of Banca Carige line of business from Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia.	22-09-30	CI
Banca Carige Delisted From Euronext Milan After Acquisition By BPER	22-09-20	MT
Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-24	CI
Moody's Changes Outlook To Negative On Intesa Sanpaolo, UniCredit, 12 Other Italian Banks	22-08-10	MT
Fitch Lifts BPER Banca's Outlook To Positive On Expected Improvement In Core Banking Operations	22-07-28	MT
BPER Banca SpA made a mandatory tender offer to acquire remaining 20.582% stake in Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia (BIT : CRG) from Cassa Centrale Banca - Credito Cooperativo Italiano Società per Azioni and others for approximately €130 million.	22-06-02	CI
ER Banca SpA completed the acquisition of 79.42% stake in Carige S.p.A. - Cassa di Risparmio di Genova e Imperia from The Interbank Deposit Protection Fund.	22-06-02	CI
Italy plans six-month extension of tax breaks for corporate mergers - sources	22-05-31	RE
Custodia Valore - Credito su Pegno S.p.A. signed an agreement to acquire Banca Carige line of business from Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia for €8.75 million.	22-05-11	CI
Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-10	CI
Profit at Italy's BPER falls less than expected as loan writedowns shrink	22-05-09	RE
Italy's BPER kicks off process to sell bad loan management unit-sources	22-05-04	RE
Credit Agricole stake in Italy's Banco BPM sparks bid speculation	22-04-07	RE
Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-08	CI
Italian bank BPER gets offer from NEXI for merchant payment arm	22-02-23	RE
BPER To Detail New Business Plan, Private Banking Foray After Carige Deal Concludes	22-02-15	MT
Italy's BPER to present new plan after Carige deal closes - CEO	22-02-15	RE
Italy's BPER Banca Confirms Acquisition of 80% Stake in Carige	22-02-15	MT
Italy's BPER Banca clinches deal to buy Carige	22-02-15	RE
BPER Wins Bid To Acquire Majority Stake In Carige From FITD	22-02-14	MT
BPER Banca SpA agreed to acquire 80% stake in Carige S.p.A. - Cassa di Risparmio di Genova e Imperia from The Interbank Deposit Protection Fund for €1.	22-02-13	CI
Monte dei Paschi names restructuring expert as CEO as loan losses edge up	22-02-07	RE
Monte dei Paschi to decide CEO's future on Monday	22-02-03	RE
Monte dei Paschi to decide CEO's future on Monday	22-02-02	RE

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Company Profile

Banca Carige SpA Cassa di Risparmio di Genova e Imperia is an Italy-based company engaged in the financial sector. It offers banking, finance, pension fund and insurance services. The Company also operates in the fields of insurance, supplementary pension schemes and assurances. It operates though four segments. The Liguria segment serves customers at branches of the parent bank in the local geographic area. The Outside Liguria includes within it the new Banca Carige Italia, together with the results of subsidiary banks, located in the geographical areas outside Liguria. The Other Operating segment includes remaining customers and the other Group companies that perform asset management, insurance, financial and instrumental activities. The Netting and unallocated items segment is engaged in the regulations for reporting intra-group netting and reconciliation items compared to the accounting figures. It operates through Cassa di Risparmio di Savona SpA.

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