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Rome — Italy's Banca Ifis has bought the healthy assets of Aigis Banca for €1 after Aigis was forced into liquidation by the insolvency of Germany's Greensill Bank.

German financial services regulator BaFin in March shut down Greensill Bank, which was part of Greensill Capital, the collapsed London-based supply-chain finance group owned by Australian financier Lex Greensill...

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