Italian Billionaire Says Bankers Must Follow Lawmakers Out Door

Italian billionaire Diego Della Valle, head of shoemaker Tod’s SpA, welcomed the wave of public disgust that swept established politicians from parliament last month and said it’s time to dislodge some top bankers as well.

“It’s clear that people said, ‘That’s enough, it’s time to change, show us a decent country,’” Della Valle said March 6 in a Bloomberg Television interview. “That also has to happen in the world that we represent, finance and business and the civil society that guides the country.”