Italian Bank's Survival at Stake in Vote on Stock Listing

Updated on
  • ECB warns Banca Popolare di Vicenza may face resolution
  • IPO to raise $2 billion capital must be held by end of April

Banca Popolare di Vicenza SCpA will ask shareholders Saturday to approve a survival plan that depends on finding investors willing to buy as much as 1.8 billion euros ($2 billion) of stock in the loss-making, cash-starved lender.

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