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Banks

Intesa Sanpaolo board tasks CEO with completing purchase of Veneto banks' assets

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MILAN (Reuters) - The board of Italy’s biggest retail bank Intesa Sanpaolo has tasked CEO Carlo Messina with completing the purchase of the good assets of two ailing Veneto-based lenders, a source close to the matter said on Sunday.

The board met on Sunday morning, the source said.

Reporting by Gianluca Semeraro, writing by Silvia Aloisi

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