Italy’s Carige expects to return to profit in 2021
Struggling Italian lender Carige
said on Friday it would swing to profit in 2021 under
a rescue plan based on a 700 million euro ($780 million) rights
issue that the bank’s shareholders will have to approve on Sept.
20.
said on Friday it would swing to profit in 2021 under
a rescue plan based on a 700 million euro ($780 million) rights
issue that the bank’s shareholders will have to approve on Sept.
20.
Posted by Reuters
