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ISP Intesa Sanpaolo Spa

4.125
-0.0075 (-0.18%)
11 Apr 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intesa Sanpaolo Spa BIT:ISP Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0075 -0.18% 4.125 4.072 4.135 4.2185 4.0435 4.20 72,464,026 17:00:00

Intesa Sanpaolo Probed in Italy Over Accounts Transfers to Digital Banking Unit

02/11/2023 8:09am

Dow Jones News


Intesa Sanpaolo (BIT:ISP)
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   By Mauro Orru 
 

Italy's competition watchdog opened an investigation into Intesa Sanpaolo, saying the bank had been ambiguous in communicating to some of its customers that their accounts would be transferred to Isybank, its digital banking unit.

The Italian Competition Authority, or AGCM, said Thursday that account holders had complained about Intesa's handling of the process, saying the bank alerted affected customers via its internet banking portal during the summer holidays. Many account holders became aware of the changes only after the deadline set by Intesa for them to refuse had expired, the authority said.

Intesa Sanpaolo didn't immediately respond to a request for comment.

 

Write to Mauro Orru at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

November 02, 2023 03:54 ET (07:54 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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