The Bank of Italy has given its green light to the liquidation process of troubled Italian lender Banca Network, which has been in administration since November 2011.
Italian prosecutors are discussing the possibility of launching an investigation into Banca Network Investimenti, the Italian bank put into administration in November 2011.
Italian banking group Cassa di Risparmio di Ravenna (Cr Ravenna) has stated it will not cover with its resources payments to the about 22,000 creditors of Italy’s Banca Network, which suspended all payments at the end of May.
Italian asset manager Consultinvest has released additional details on the agreement signed with troubled Italian bank Banca Network Investimenti to acquire its network of financial advisers.
Italian asset manager Consultinvest has confirmed an offer to complete the acquisition of Banca Network Investimenti’s financial adviser network.