ECB Made Merging Italian Banks an Offer They Couldn’t Refuse – Wall Street Journal (subscription)


Wall Street Journal (subscription)
ECB Made Merging Italian Banks an Offer They Couldn’t Refuse
Wall Street Journal (subscription)
MILAN—The European Central Bank had dispatched a tough letter to two Italian banks in the middle of merger talks: To get the ECB’s blessing for their tie-up, they had to put their house in order. In its missive last week, the ECB made it clear what it
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