Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile2 entries
2016
Banca Popolare di Vicenza share-sale and capital crisis
Banca Nuova was affected by the parent group's capital shortfall, failed share offering and subsequent allegations that Banca Popolare di Vicenza shares had been mis-sold to bank customers. The crisis led to litigation, regulatory intervention and eventual transfer of the viable business to Intesa Sanpaolo.
1996
Mafia-linked shareholder issue at Banca del Popolo
Before the bank became part of the Banca Nuova story, reports disclosed that shareholder Vincenzo Piazza, whose holding represented approximately 8 percent of Banca del Popolo's capital, had links to organized crime. This concerned the predecessor institution rather than an independently documented action by the later Banca Nuova.