|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Business & Economy (Click here for more)

Banca Carige Shares to Remain Suspended after ECB Intervention

ROME Ė Banca Carige SpA shares will remain suspended from trading following the European Central Bankís appointment of temporary administrators to the lender, Italyís market regulator.

Regulator Consob said late Wednesday the suspension will remain in force through the ECBís special administration, or until the administrators decide there is sufficient information available regarding securities issued or guaranteed by the bank.

The ECB appointed three special administrators and a three-member surveillance committee on Wednesday to take charge of the bank after a majority of its board members resigned.

The administrators are tasked with maintaining Banca Carigeís stability and ensuring it becomes compliant with capital requirements.

Trading is halted during the special administration as financial disclosure requirements are less stringent than during normal operations, and investor protection therefore canít be guaranteed.

Shares in the bank have fallen more than 80 percent over the past 12 months.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2019 © All rights reserved