ECB clears way for vote on Carige’s €900m rescue plan

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ECB clears way for vote on Carige’s €900m rescue plan

Tyler Davies
August 20, 2019 12:00 PM
Carige_Genova_Alamy_230x150_200819
E9B069 Night scene, Banca Carige bank, Piazza de Ferrari, Genoa, Liguria, Italy | Alamy Stock Photo

The European Central Bank has given Banca Carige the all-clear to try and carry out its latest plans to turn itself around. The ailing Italian lender said on Monday that its next step will be to ask its shareholders for their approval at a meeting next month.

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