Italy’s new bank to invest 3 bln euros in bad loans, chase high-margin debt
19 Jul Italy’s new bank to invest 3 bln euros in bad loans, chase high-margin debt
Posted at 15:32h
in
News
by KMFSLLP
An Italian bank being set up with
backing from former Barclays chief Bob Diamond said on
Friday it aimed to trounce industry returns by chasing
higher-margin borrowers and going digital to keep costs down.
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