MILAN, Dec 18 (Reuters) - Smaller institutions appear to have benefited more from funds being repatriated under Italy's tax amnesty than larger ones, with Italy's four biggest banks collecting less than a quarter of the estimated total.
And a final rush suggests the government's decision to extend the amnesty with slightly tighter terms beyond April could bring in more than the 80 billion euros ($115 billion) which Economy Minister Giulio Tremonti was expecting.
"There was a bottleneck at the end. That could mean the extension will open up more chances," a sector source said.
