Giovedì, 17 Gennaio 2019
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Bank oversight cuts but doesn't eliminate risk - Visco

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Bank oversight cuts but doesn't eliminate risk - Visco
© ANSA

(ANSA) - Rome, January 11 - Banking oversight cuts but
doesn't eliminate risk, Bank of Italy Governor Ignazio Visco
said Friday.
Instruments for the swift resolution of bank crises are
needed, he added.
Banks should be bailed out even where there is systemic risk,
he added.
The government is bailing out troubled Genoa-based lender
Carige.
The bailout has spurred controversy because of invective
against previous such bailouts by the former centre-left
government.

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