The resolution of Banca delle Marche by the Italian authorities at the end of 2015 was essentially determined by its failure and the European Commission cannot be held responsible for having prevented its rescue by the Interbank Deposit Protection Fund (IDPF), the General Court of the European Union ruled in a judgment delivered on Wednesday 30 June (case T-635/19).
Several shareholder entities of Banca delle Marche believe that the behaviour of the European Commission prior to the...