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Author:Lane, D.
Title:Nightmare on the Corso (Credito Italiano's bid for Banca Nazionale dell'Agricoltura (BNA))
Journal:Banker
1990 : MAR, VOL. 140:769, p. 16-20
Index terms:BANKING
MERGERS
ITALY
Language:eng
Abstract:Review of Credito Italiano's bid for BNA and its lack of success. Controversy. BNA's problems with its capital adequacy ratio. Views of bankers. BNA's problems. Rights issues. Staff cutbacks. Net profit. Management accounting system. BNA's foreign network. Profitable growth and agricultural origin. Public-sector ownership. Prospects of price rigging. Graphs cover stocks of various banks. Boxes provide a profile of BNA chairman, the highlights of BNA, and the likelihood of a foreign player behind the move to control Interbanca.
SCIMA record nr: 75824
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