January 24, 2019 / 9:48 AM / a month ago

Italy market watchdog is not probing Banca Carige - official

FILE PHOTO: he logo of Carige bank is seen in Rome, Italy, April 9 2016. REUTERS/Alessandro Bianchi

ROME (Reuters) - Italy’s market watchdog Consob has no investigation under way at the moment into troubled lender Banca Carige (CRGI.MI), 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.

Reporting by Stefano Bernabei, writing by Stephen Jewkes

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