Bank of Italy warns a number of the country's smaller banks are at risk
Share:
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 Perrazzelli said emergency measures approved by the government for Bari included the possibility for..