Company Overview of Banca d'Italia SpA
The Bank of Italy operates as the central bank of the Republic of Italy. It encourages and protects saving, as well as regulates, coordinates, and controls the provision of credit. The company’s functions include the maintenance and supervision of monetary and financial stability; the foreign exchange market interventions and management of the foreign reserves; the operations on behalf of the ministry for the economy and finance; the management of investment portfolio and treasury functions; and the maintenance of efficiency, stability, and security in payment system. It also undertakes economic, financial, and legal analysis and research activities, as well as engages in the supervision of ...
Via Nazionale 91
Rome, RM 00184
Founded in 1893
Key Executives for Banca d'Italia SpA
Managing Director and Accountant General
Managing Director and General Counsel
Managing Director and Director General for Human Resources & Organization
Senior Deputy Governor and Member of Governing Board
Managing Director and Director of The Financial Intelligence Unit
Compensation as of Fiscal Year 2015.
Banca d'Italia SpA Key Developments
Tie-Up Talks Involving Banca Popolare di Milano To Appear in 2016
Dec 22 15
Talks regarding a possible tie-up involving Banca Popolare di Milano Scarl (BIT:PMI) will gear up at the beginning of 2016, Il Messaggero reported. The report added that Banco Popolare Societa Cooperativa Scarl (BIT:BP) is in pole position to merge with Banca Popolare di Milano. The bank could be interested in acquiring rescued Banca Popolare dell'Etruria e del Lazio Società Cooperativa, Il Messaggero said. According to Libero paper the lender is looking at CariFerrara. Banca d'Italia SpA is expected to pick Oliver Wyman as strategic adviser over the sale of four small banks rescued in November 2015, Il Messaggero reported.
UniCredit Reportedly Sold Stale In Bank Of Italy
Nov 18 15
UniCredit S.p.A. (BIT:UCG) sold 3.2% stake in Banca d'Italia SpA for around €240 million, two sources close to the matter said. UniCredit previously held 22.1% of Bank of Italy’s capital, has offloaded a 3.2% stake, the paper said, citing sources close to the lender.
UniCredit Reportedly Sells Stake In Banca d'Italia
Nov 17 15
UniCredit S.p.A. (BIT:UCG) will sell 0.7% stake in Banca d'Italia SpA, according to financial sources. The sale would bring in over €200 million. The sale needs to be vetted by the central bank before being completed.
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