Italy State Intervention on Banks May Be Needed, Visco Says

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  • Visco says problems could undermine trust in banking sector
  • Bank of Italy governor speaks to Italian Banking Association

Will Italy's Banks Eclipse Brexit as the Next Big Threat?

State intervention to support Italian banks may be needed because of the risk that current difficulties could undermine trust in the nation’s financial industry, said Bank of Italy Governor Ignazio Visco.

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