Tuesday, May 3, 2016

UPDATE 1-Veneto Banca sees no need for Atlante to back cash call for now

MILAN, May 3 (Reuters) - Veneto Banca does not expect a

newly created bank bailout fund to act as a backstop for its

imminent 1 billion euro ($1.2 billion) cash call, despite

difficult market conditions, the bank's chairman said on

Tuesday.

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