The bank section was absorbed into UniCredit in 2005, while its charity section, still operates as Fondazione Cassa di Risparmio di Carpi.
On 24 January 1992 the bank was split into Cassa Risparmio Carpi S.p.A. and Fondazione Cassa di Risparmio di Carpi.
[1] The foundation also sold a minority interests to Casse Emiliano Romagnole (2 million number of shares with 10,000 lire par value, 20% of total share capital as of 1993), which in turn the banking foundation became a minority shareholders of 1,868,750 shares with 10,000 lire par value (€5.16) in the holding company.
In 2000 Rolo Banca acquired a majority interests in the bank (37% from the foundation, 17.32% from Cardine Banca, 19.49% after the public offer),[2][3] with the remain 26.1% shares was sold from the foundation to UniCredit in 2003 for €98 million.
He was the minority owner of Cassa Depositi e Prestiti (0.0964%), CDP Reti (0.0941%), UniCredit (0.0285%), the Bank of Italy (0.2000%) and Banca Popolare Etica.