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Italy market watchdog is not probing Banca Carige - official

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   -   Copyright  Alessandro Bianchi(Reuters)
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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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