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Bank of Italy warns a number of the country's smaller banks are at risk

FILE PHOTO: The logo of Banca Popolare di Bari bank is pictured outside the company's branch
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ROME (Reuters) - A senior Bank of Italy official warned on Thursday that a number of smaller banks, especially in the country's disadvantaged south, were at risk of going out of business in a fast-changing industry and stressed the importance of government help.Speaking at a parliamentary hearing on the rescue of unlisted cooperative bank Popolare di Bari, Bank of Italy Deputy Governor Alessandra..
Date Published: Jan 09, 2020
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