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KM Financial Solutions | UPDATE 1-Bank of Italy not to blame for bank collapses, governor tells parliament
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UPDATE 1-Bank of Italy not to blame for bank collapses, governor tells parliament

18 Dec UPDATE 1-Bank of Italy not to blame for bank collapses, governor tells parliament

Posted at 10:09h in News by
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ROME, Dec 19 (Reuters) – Bank of Italy Governor Ignazio
Visco on Tuesday defended his record as a custodian of local
lenders, telling parliament the collapse of numerous banks was
not due to careless supervision but to a deep recession.

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