KM Financial Solutions | UPDATE 1-Italian banks hold 80% of ailing lender Carige after rescue
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UPDATE 1-Italian banks hold 80% of ailing lender Carige after rescue

UPDATE 1-Italian banks hold 80% of ailing lender Carige after rescue

A depositor protection fund
financed by Italian banks held a 80% stake in ailing Banca
Carige after funding the bulk of the lender’s 700
million euro ($782 million) capital increase, market regulator
Consob said on Friday.

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