Intesa Sanpaolo shareholders to decide on capital increase
Intesa Sanpaolo shareholders will very soon decide on a possible capital increase according to CEO Corrado Passera who spoke with the press during the presentation of the bank's industrial plan.
Intesa Sanpaolo, Italy's largest retail bank, said Tuesday that fourth-quarter net profit fell 7% as higher taxes and lower insurance income outpaced a sharp reduction in provisions against bad loans.