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KM Financial Solutions | UPDATE 1-Italy banks to rescue Carige via depositor protection fund
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UPDATE 1-Italy banks to rescue Carige via depositor protection fund

22 Jul UPDATE 1-Italy banks to rescue Carige via depositor protection fund

Posted at 11:11h in News by
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Italy’s depositor protection fund
on Tuesday kicked off a 900 million euro rescue process for
troubled bank Carige via the conversion of around 313
million euros ($350 million) of a bond into shares.

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