Popular Banks, the wall falls: even the small ones yield to the capita vote

The pandemic breaks down another of the walls that until yesterday seemed insurmountable. The world of cooperative banks gives in on the inviolable principle of the one-person vote – that is, for each shareholder only one vote regardless of the shares held – and accepts the opening of capital to external shareholders with the possibility that they can take control of governance. A revolution on the way, obviously for cooperative banks with assets of less than 8 billion, because those above the threshold have now become …