The prospect of bail-ins is looming
for troubled lenders Popolare di Vicenza and Veneto Banca after
European competition officials on Wednesday confirmed demands
for greater private involvement in recapitalizations at a
meeting.
Shareholders in the two medium-sized Veneto-based banks lost
their investments last year when they were rescued by
State-sponsored, privately-funded bailout fund Atlante.
The heads of the two banks are set to meet Economy Minister
Pier Carlo Padoan later on Thursday.
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