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TEHRAN, Jun 25 -Italian banks’s rescue plan for ailing lender Carige envisages a larger than planned cash call of up to 800 million euros ($911 million).
TEHRAN, Young Journalists Club (YJC) -Italian banks’s rescue plan for ailing lender Carige envisages a larger than planned cash call of up to 800 million euros ($911 million), a source close to the matter said on Tuesday.
The Genoa-based lender, which was placed under special administration by the European Central Bank in January, had been thought to have a capital shortfall of 630 million euros.
Source: reuters
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