The financial disputes arbitrator
of bourse regulator CONSOB on Tuesday opened up to bilked savers
from four saved banks - Banca Marche, Banca Etruria, CariChieti
and CariFe - suing the banks who have taken them over for their
lost savings.
UBI Banca now owns Marche, Etruria and CariChieti while BPER
owns CariFe.
Shareholders and bondholders in the four banks lost their
live savings and are seeking compensation.
"The clients of the old bank, just as they could have made
compensation claims on the Old Bank," the arbitrator said, "in
the same way can only deem themselves legitimised to proceed
also vis a vis the New Bank", said the ruling by the arbitrator.
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