Banca Popolare di Vicenza controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2017
Bank insolvency and investor losses
The ECB and Single Resolution Board determined that BPVi was failing or likely to fail. The subsequent liquidation and transfer of viable assets left shareholders and subordinated bondholders facing major losses, while authorities arranged protections and compensation mechanisms for certain depositors and retail investors.
2016
Share-financing and alleged mis-selling controversy
The documentation surrounding BPVi's proposed flotation indicated that the bank had financed customers' purchases of its own shares. The collapse in the share value created risks for those loans and led to disputes over the sale of the securities to retail investors.