Italy winds up Veneto banks, deal could cost up to 17 billion euros

June 25, 2017 by  
Filed under News

MILAN/ROME (Reuters) – Italy began winding up two stricken Veneto-based banks on Sunday in a deal that will see their good assets transferred to Intesa Sanpaolo and could cost the state up to 17 billion euros ($19 billion).

Source: Reuters Business News

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