Italy market watchdog is not probing Banca Carige - official

Reuters

Published Jan 24, 2019 09:48

Italy market watchdog is not probing Banca Carige - official

ROME (Reuters) - Italy's market watchdog Consob has no investigation under way at the moment into troubled lender Banca Carige (MI:CRGI), top Consob offical Angelo Apponi said on Thursday.

"It would be a bit out of order if we were to probe a company that is under special administration," Apponi said in a parliamentary hearing.