(Finance) – “I relations with the ECB are good. Undoubtedly, the supervision activity in this phase has aspects of pressure and continuous checks on the bank’s operations in terms of potential risks, growth prospects and procedures used, but to today it is still a relationship that goes into a positive view“He affirmed it Carlo Messina, managing director from Intesa Sanpaoloduring a press conference to comment on the results for the first nine months of 2022.
The words about the relationship with the European Central Bank came in response to a question concerning Bloomberg’s rumors about a growing frustration of European banking top management with the supervisory action of Frankfurt, as some requests from regulators would be unreasonable and interference in the management of institutions would be excessive.
“Undoubtedly, these conditions in which we operate today must not be exceeded – added Messina – but today the conditions are still acceptable, so I do not agree there is a need for strong clarification towards the supervisor“.