Italian Gov’t Rescues Lender Bank With €900M Bailout

The Italian cabinet has decided to financially assist Popolare di Bari bank with a 900 million euro-large capital injection. The establishment is the biggest lender in the southern part of the country. According to new reports from Italy, this Sunday, the country’s government decided to approve an emergency decree regarding one of its major lenders, the Popolare di Bari bank. The bank was granted a major capital investment of up to 900 million EUR ($1 … Continue reading Italian Gov’t Rescues Lender Bank With €900M Bailout