Monday, August 8, 2016

Veneto Banca, Anselmi president. Atlas: open to evaluating mergers and IPOs – Il Sole 24 Ore

After Francesco Favotto, Pierluigi Bolla and Stefano Ambrosini, now is the turn of Beniamino Anselmi, fourth president in a year for Veneto Banca. Elected in an assembly intimate and almost surreal, convened in the middle of summer: after the historic rallies from 5-6 thousand people with the politicians in the front row, the assise of May 5, he had seen – surprise – the victory of the list the great members, today has returned to Villa Spineda, the symbol of the bank, but it did not take the big white tent to contain 400 members arrived here just outside Montebelluna.

few cars in the meadow, few present and three hours of work to liquidate the practice and come back all at home: little time and little desire whistles, the controversy on the recent events that have written off the value of shares and burned 5 billion value of cross-accusations to the many protagonists in recent history (for some time now on the same track of the “cousins” Popolare di Vicenza).



Veneto Banca, Atlas takes the guide

Besides, the bank is now at 97% of Atlas fund. That, represented by Alessandro De Nicola, had an easy game to present and elect a board of directors almost all new, where the only confirmed (and Venetian passport) is the CEO Cristiano Carrus. With him, today, at the wheel he was elected with over 97% stake president Beniamino Anselmi, a life to healing and manager of banks, and a board of directors composed of Maria Lucia Candida, Giorgio Girelli, Massimo Lanza, Maurizio Lauri, Alberto Pera, Daniela Toscani, Marco and Alessandra Zunino Ventoruzzo de Pignier and Sabrina Bruno, a professor and the author, a few years ago, in an essay on “the action for compensation for damages from incorrect information on the financial market”, as it did noted a partner.

Just the action against past summits will be one of the first tasks of the new board, as announced by the controlling shareholder, Alessandro Penati of Quaestio Sgr, together with the reorganization of the bank, to recovery operations ( “the bank must quickly return to its constituent role and its mission to firm he said,” Penati in a speech read at the meeting) and the hoped return to sustainable profitability, “We will be open to any financial partnership and industrial provided on the basis of actual contributions of capital and know-how for the development and ready to evaluate, once unmistakably initiated the work of restructuring and revitalization and elucidate sunk costs, pricing assumptions or merger with other banks, to provided they are in the interest of all stakeholders. ” the award last but not least, “Atlas has already declared its readiness to make all the historical members participate sanitation, making them benefit from the appreciation in value that will be created”: how to Popolare di Vicenza, is the study of free warrants on shares of 0.1 euro value, the same price paid by Atlas.



Veneto Banca, arrested former to Consoli. Seizures for 45 million euro

With the parent-owner Consoli in prison for a week (very few nods to the character and the story), absent the outgoing president, Stefano Ambrosini, the meeting was chaired by vice president, Giovanni Schiavon, former President of the Court of Treviso and former leader of the small shareholders, with today also ended him in the book of the bank memories. It starts in the week of a first examination of the half-year accounts, probably not good, the avalanche of lawsuits, the work on the ground belly on the review of the business plan and on Npl, perhaps in part by borrowing scheme designed to MPS. One thing is certain: “This will delete all the luxuries and wastage of the past,” he wrote Penati, and a first example will be on the board, dried from 14 to 11 members, who will be 80 thousand euro per year and no attendance fee .

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