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Cassa Di Risparmio Della Provincia Di Chieti
Banca Teatina S.p.A. formerly known as Nuova Cassa di Risparmio di Chieti S.p.A. was an Italian savings bank headquartered in Chieti Scalo, Chieti, Abruzzo region. The bank was formed on 22 November 2015 to replace the old Cassa di Risparmio della Provincia di Chieti S.p.A. which was under special administration from 2014 to 2015. The bank was bought by UBI Banca on 18 January 2017 for a nominal fee. Cassa di Risparmio della Provincia di Chieti S.p.A. was the successor of the bank that known as "Cassa di Risparmio della Provincia di Chieti", which was under legal reconstruction in 1990s. The former legal entity of "Cassa di Risparmio della Provincia di Chieti" became Fondazione Cassa di Risparmio della Provincia di Chieti, which was the majority shareholder of the S.p.A. before its failure in 2015. History Cassa di Risparmio della Provincia di Chieti was found in 1938 by the merger of Cassa di Risparmio Marrucina (found 1862) and Cassa di Risparmio di Guardiagrele. In 1992, Due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Recovery And Resolution Directive
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1862
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cassa Di Risparmio Della Provincia Dell'Aquila
Cassa di Risparmio della Provincia dell'Aquila (Carispaq) was an Italian savings bank, based in L'Aquila, Abruzzo region. The bank was absorbed into parent company Banca Popolare dell'Emilia Romagna in 2013. Fondazione Cassa di Risparmio della Provincia dell'Aquila, the parent organization that the bank was spin off from in 1992, still operates as a charity organization. History Cassa di Risparmio dell'Aquila was found in 1859 in the Kingdom of the Two Sicilies. However, the bank was opened in 1862, the year after the unification of Italy. The bank was renamed into Cassa di Risparmio della Provincia dell'Aquila (Carispaq) in 1955. Due to Legge Amato, the organization was split into Cassa di Risparmio della Provincia dell'Aquila S.p.A. (limited company) and Fondazione Cassa di Risparmio della Provincia dell'Aquila (banking foundation) on 20 August (gazetted on 3 September). Banca di Roma also subscribed the capital increase of 63 billion lire, for 20% shares. In 1998 the minori ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credito Fondiario (Fonspa)
Credito Fondiario S.p.A. is an Italian bank based in Rome, Italy. The bank is specializing in management of non-performing loans. Chairman of the board of directors was Piero Gnudi. History The bank was found in 1898 as Credito Fondiario Sardo (Sardinian Land Credit). In 1965 the bank became Credito Fondiario S.p.A., which was owned by Banco di Roma, Banca Commerciale Italiana and Credito Italiano. In 1992 Credito Fondiario e Industriale – Fonspa – Istituto per i Finanziamenti a Medio e Lungo Termine S.p.A., which specialized in housing mortgage at that time, was allowed to enter the market of crediting industrial companies, following the criteria in decree N°902/1976. The bank was owned by UniCredit and Banca Commerciale Italiana for 24.92% each in 1999. In 2000 Fonspa was sold to Morgan Stanley Real Estate Funds. In 2006 Morgan Stanley acquired the bank from the fund via subsidiaries. The bank was renamed to Fonspa Bank. It was sold to Tages Holding in 2013, and returned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlante (private Equity Fund)
Atlante is an Italian private equity fund that is dedicated to recapitalize some Italian banks, as well as purchase the securities of the junior tranches of non-performing loans. The fund was under regulated by EU Alternative Investment Fund Managers Directive. According to Federico Ghizzoni, former CEO of UniCredit, although the bank may inject €1 billion to the fund, the bank had a priority to sell their bad loan to the fund. UniCredit had about €20 billion net value of bad loans on the balance sheets as of 31 December 2015. Moreover, both UniCredit and Intesa Sanpaolo (via Banca IMI) were already underwritten Banca Popolare di Vicenza and Veneto Banca for a combined €2.5 billion capital increases. The contributions of the fund would make the fund become the buyer of the unsold shares, instead of the banks themselves. As BPVi announced that the new shares would be priced between €3 and €0.1 per shares, the fund on behalf of UniCredit would purchase the unsold share for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Single Resolution Mechanism
The Single Resolution Mechanism (SRM) is one of the pillars of the European Union's European Union banking union, banking union. The Single Resolution Mechanism entered into force on 19 August 2014 and is directly responsible for the resolution of the entities and groups directly supervised by the European Central Bank as well as other cross-border groups. The centralised decision making is built around the Single Resolution Board (SRB) consisting of a Chair, a Vice Chair, four permanent members, and the relevant national resolution authorities (those where the bank has its headquarters as well as branches and/or subsidiaries). Upon notification from the ECB that a bank is failing or likely to fail, the Board will adopt a resolution scheme including relevant resolution tools and any use of the Single Resolution Fund, established by the SRM Regulation (EU) No 806/2014. The Single Resolution Fund helps to ensure a uniform administrative practice in the financing of resolution with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Delle Marche
Banca Adriatica S.p.A. trading as UBI Banca Adriatica and formerly known as Nuova Banca delle Marche S.p.A. was an Italian bank based in Jesi, Marche region. It has operations in several regions in central Italy, but concentrated in Marche region, which 73% of the branches were located in that region as of 2016. The bank was formed on 22 November 2015 by the spin off of the good assets of the original Banca delle Marche S.p.A.. Banca delle Marche was formed in 1994 by the merger of the savings banks of Marche region. The bank faced capital shortfall and was nationalized by Italian National Resolution Fund in 2015 as Nuova Banca delle Marche, with toxic assets of the bank was spin off from the new legal person. The bank was bought by UBI Banca on 18 January 2017 for a nominal fee, renaming to Banca Adriatica. In the same year it was merged into UBI Banca. Predecessors The history of the bank could be traded back to some savings banks in Marche region in the town of Jesi (found 184 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Popolare Dell'Etruria E Del Lazio
Banca Tirrenica S.p.A. formerly known as Nuova Banca dell'Etruria e del Lazio S.p.A. was an Italian bank based in Arezzo, Tuscany. The bank was re-established on 22 November 2015 as a good bank of the original Banca Popolare dell'Etruria e del Lazio (BPEL). The bank was bought by UBI Banca on 18 January 2017 for a nominal fee. Both Tyrrhenian Sea, Tyrrhenian and Etruria were alternative names for the area that is located in Central Western Italy. History Banca Popolare dell'Etruria Banca Mutua Popolare Aretina was founded on 16 April 1881 in Arezzo. On 18 December 1971 the bank absorbed two fellow Tuscan "Popular Banks": Banca Popolare Senese (found 1865 in Siena) and Banca Popolare della Provincia di Livorno, as well as being renamed Banca Popolare dell'Etruria. In 1972 Banca Popolare di Montepulciano was absorbed, followed by Banca Popolare di Pontevalleceppi (a Perugia ''frazione'') in 1982, Banca Popolare di Cagli in 1985 and Banca Popolare di Gualdo Tadino in 1987. Banca Po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cassa Di Risparmio Di Ferrara
Nuova Cassa di Risparmio di Ferrara S.p.A. known as Nuova Carife ew Carifein short, was an Italian bank, based in Ferrara, Emilia-Romagna. Nuova Carife was founded on 22 November 2015 as a good bank that spin off from the original Cassa di Risparmio di Ferrara S.p.A. (Carife). The old Carife was under administration from 2013 and 2015, and now being liquidated as a bad bank. Nevertheless, Nuova Carife was a short-lived bank, which was acquired by BPER Banca in 2017 from Italian Resolution Fund, becoming branches of the banking group in the same year. The former majority shareholder and the old legal person of the bank, Fondazione Cassa di Risparmio di Ferrara (Fondazione Carife) survived as a charity organization. History Cassa di Risparmio di Ferrara Found in 1838 by Count Alessandro Masi, Cassa di Risparmio di Ferrara was one of the oldest savings bank ( it, cassa di risparmio) after Bologna (since 1837), Spoleto (since 1836; renamed and relocated in 2012; closed 2016) and Rome ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
REV - Gestione Crediti
Rev or Rév may refer to: Abbreviations Rev. * Rev., an abbreviation for revolution, as in Revolutions per minute * Rev., an abbreviation for the religious style The Reverend * Rev., the abbreviation for Runtime Revolution, a development environment * Rev., an abbreviation for the Book of Revelation * Rev., an abbreviation for Reverse * Rev., an abbreviation for Revision * Rev., an abbreviation for Revolver * Rev., an abbreviation for Review, as in: ** Chem. Rev. (Chemical Reviews), a peer-reviewed scientific journal ** Phys. Rev. (Physical Review), an American scientific journal Revs * ''Revs'' (video game), a 1984 Formula Three simulation computer game * Revs (graffiti artist), tag name of a graffiti artist in New York City * The Revs, an Irish rock band * Revs, the nickname for the New England Revolution soccer club in America Acronyms * REV Bremerhaven, a professional hockey team in Germany's 2nd Bundesliga league * REV (Conference), the International Conference on Remote ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
