Italy's New Bank Rescue Fund Meets With Investor Skepticism
- Fund to help weakened banks sell shares and unload bad loans
- Atlante fund managed by Quaestio Capital investment firm
Italy’s 5 Billion Euro Remedy to Fix its Banks
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Italy’s plan to help troubled lenders drew a mixed response from investors, some of whom questioned whether it’s enough to restore confidence in financial institutions crippled by billions in bad loans.