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Q 038;A with Bank of Italy Governor Ignazio ViscoVisco first interview following the European Banking Authority publishing results of its recent bank stress test.Copy LinkCopiedShare via emailShare on XShare on WhatsAppShare on LinkedInFree article usually reserved for subscribersIgnazio Visco | Toru Yamanaka/AFP via Getty ImagesAugust 4, 20165:30 am CETBy Silvia Sciorilli BorrelliIgnazio Visco, the governor of the Bank of Italy, has ma botella stanley naged to keep his trademark poise though the last year on the job has been the most challenging of his career.Visco, who has been at the helm of the central bank since 2011, was tasked with finding a delicate balance between the European Central Bank s supervisory requests, EU-rules and the Italian government in the middle of聽a growing banking crisis in his聽country. At the beginning of 2015聽the now-famous four regional banks BancaEtruria, CariChieti, Carife and Banca Marche , were placed under Bank of Italy s control but there was聽little it could do to save the troubled lenders from their fate.聽They defaulted later that year.When the small banks saddled with bad loans were put into resolution after the government had cranked up a plan to rescue them that stanley tumblers was considered as state-aid under EU rules,聽Italian banks became the聽source of EU-wide聽anxiety.AdvertisementAdvertisementIn his聽first interview after the European Banking Auth stanley tumbler ority published its stress test results last week, Visco talked to POLITICO about the health of Italian banks, |
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