Venice Says €125M Dexia, Banca Intensa Swaps Are Void

By Sophia Dourou (October 25, 2023, 5:56 PM BST) -- Venice asked an English appeals court Wednesday to uphold that a €125 million ($132 million) debt restructuring deal between the Italian city and two banks was void, because the municipality did not have the authority to enter into the arrangement....

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