Which authority is recorded against Banca Popolare Italiana · Banca Antonveneta?

The entry is recorded against Banca d'Italia · CONSOB · Milan prosecutors, in the Italy jurisdiction, under the theme Market abuse · supervisory conduct.

What is the current status of this entry?

Status: Concluded — convictions recorded. Last recorded change: 1 June 2011. The matter arose or was first recorded on 1 July 2005.

How was this matter brought to light?

Regulatory and prosecutorial investigation. Each statement in the entry reflects material already published by a named source; nothing beyond those sources is asserted or inferred.

Where can the primary sources for IT-2005-01 be checked?

The entry links to Reuters — Antonveneta case; Background record — Banca Antonveneta.

IT-2005-01 · Italy · 2005

Banca Antonveneta: the contested 2005 bid and the Italian proceedings that followed

The contested takeover of Banca Antonveneta led to criminal proceedings over share dealing and to the resignation of the Bank of Italy's governor.

Milan bank building, illustrating the Antonveneta takeover proceedings — Illustrative image · Banca Popolare Italiana · Banca Antonveneta

Institution: Banca Popolare Italiana · Banca Antonveneta
Authority: Banca d'Italia · CONSOB · Milan prosecutors
Status: Concluded — convictions recorded
Theme: Market abuse · supervisory conduct
Raised by: Regulatory and prosecutorial investigation
Jurisdiction: Italy
Matter arose: 1 July 2005
Last recorded: 1 June 2011

What the sources record

Milan prosecutors examined concert-party share purchases made during the competing bids for Antonveneta.

Recorded intercepts published in the Italian press led to the resignation of the central bank governor in December 2005.

Sentences were recorded against former executives of Banca Popolare Italiana following plea and appeal stages.

Timeline

2005-07-01
Competing bids for Banca Antonveneta launched.
2005-12-19
Bank of Italy governor resigns.
2011-06-01
Appellate stage concludes for the principal defendants.

Individuals named in this case

Italy

Court record

Gianpiero Fiorani

Former chief executive, Banca Popolare Italiana

Base · Lodi · Milan

Convicted in the Italian proceedings arising from the 2005 contested takeover of Banca Antonveneta

The proceedings concerned the conduct of the bid for Banca Antonveneta and the supervision of the transaction. Sentences were recorded following plea and appeal stages.

Portrait tile — no licensed photograph held

Record →Case record →Source →

All individuals in the register →

Primary sources

Questions and answers on this entry

What does register entry IT-2005-01 record?: Banca Antonveneta: the contested 2005 bid and the Italian proceedings that followed. The contested takeover of Banca Antonveneta led to criminal proceedings over share dealing and to the resignation of the Bank of Italy's governor.
Which authority is recorded against Banca Popolare Italiana · Banca Antonveneta?: The entry is recorded against Banca d'Italia · CONSOB · Milan prosecutors, in the Italy jurisdiction, under the theme Market abuse · supervisory conduct.
What is the current status of this entry?: Status: Concluded — convictions recorded. Last recorded change: 1 June 2011. The matter arose or was first recorded on 1 July 2005.
How was this matter brought to light?: Regulatory and prosecutorial investigation. Each statement in the entry reflects material already published by a named source; nothing beyond those sources is asserted or inferred.
Where can the primary sources for IT-2005-01 be checked?: The entry links to Reuters — Antonveneta case; Background record — Banca Antonveneta.

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