Retail bondholders in four
rescued banks - Banca Etruria, Banca Marche, CariFe and
CariChieti - will be automatically reimbursed "about an
estimated 190 million" when all procedures have been completed,
Economy Minister Pier Carlo Padoan said Thursday. The government
is set to compensate many holders of junior bonds who were
jipped because they were not informed of the risks attached to
the financial instruments.
ALL RIGHTS RESERVED © Copyright ANSA