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Intesa Sanpaolo cashes in on sale of Nexi shares
Intesa Sanpaolo, Italy’s largest bank by assets and market share, has sold its entire 5.1% stake in Nexi for €584. Nexi, one of Europe’s biggest payments groups, recently reported higher than... read more
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Intesa SanPaolo in final talks to sell payments unit Setefi €1bn
Intesa SanPaolo, Italy’s biggest retail bank is reported to be in final talks to sell its payments unit Setefi to banking services firm Istituto Centrale delle Banche Popolari (ICBPI) in a deal worth more than €1 billion ($1.1 billion). ICBPI’s, owners Bain Capital and Advent have placed an offer higher than one made by Italian payment [...]
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