Tag: Bankitalia
Banca di Credito Popolare, Bankitalia imposes commissioners to restore healthy and prudent management
(Finance) – Bank of Italy has adopted an early intervention measure against Banca di Credito Popolare (BCP) based in Torre del Greco (NA). This can be read in a note…
Banks, Bankitalia activates capital reserve against systemic risk
(Finance) – The Bank of Italy has decided to apply to all banks authorized in Italy a systemic risk buffer (SyRB) equal to 1.0 percent of credit and counterparty risk-weighted…
Panetta (Bankitalia): certainty must be given to investors on a downward debt trajectory
(Finance) – “For 2023 the available information suggests that the deficit and public debt would have decreased in relation to product. In the coming years the debt would be almost…
Smart Bank, Bankitalia arranges extraordinary administration and dissolves the Board of Directors
(Finance) – Bank of Italy he arranged it dissolution of bodies with administrative and control functions Of Cirdan Group SpA and Smart Bank SpA with headquarters, respectively, in Milan and…
Bankitalia, protocol with Bank of Korea on IT and payment systems
(Finance) – The Bank of Italy and the Bank of Korea have signed a Memorandum of Understanding aimed at strengthening collaboration on IT and payment systems. In particular – we…
Bankitalia, no Italian group with global systemic importance
(Finance) – Based on data referring to 31 December 2022, no financial institution authorized in Italy is identified as GlobalSystemically Important Institution (G-SII), or financial institution with global systemic importance.…
Unicredit, capital requirements ok after Bankitalia review
(Finance) – Following the methodological review of the Bank of Italy on the capital buffers of Italian banking groups, Unicredit “remains well above all capital requirements.” The Piazza Gae Aulenti…
Bankitalia, Visco: “The banking system doesn’t worry, but financial intermediation”
(Finance) – “Italian banks are better off than in the 2007-08 crisis. Technology and social media have speeded up the crisis”. That’s what the said governor of the Bank of…
Bankitalia identifies UniCredit as a global systemically important institution
(Finance) – The Bank of Italy has identified the banking group UniCredit how global systemically important institution (Global Systemically Important Institution, G-SII) authorized in Italy. In the choice they influenced…
Signorini (Bankitalia): risk of overestimation of ESG products, lack of transparency
(Finance) – The increase in investor awareness on the impact of climate change and the growing demand for products that comply with environmental, social and governance (ESG) criteria “is favoring…