New mgmt at 'saved' banks to make 2.4mn a year

Four lenders 'saved' by govt decree

(ANSA) - Milan, December 9 - New management at four struggling lenders saved by a November government decree will make a total of 2.4 million euros a year, sources said Wednesday. The executives and new board members of Banca delle Marche, Banca Popolare dell'Etruria e del Lazio, Cassa di Risparmio della Provincia di Chieti and Cassa di Risparmio di Ferrara will make an average of 600,000 euros a year.
   

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