Banking foundation considers Bank of Italy stake

Italy's leading banking foundation could consider taking a stake in the Bank of Italy, according to Giuseppe Guzzetti, chairman of the Cariplo foundation.

Speaking on Friday 30 January Guzzetti said "This is a proposal which has been on the table for some time and we've always said it would be an honour for us."

Cariplo is the top shareholder in Italy's largest bank, Banca Intesa.

Italy's top banks own a majority stake in the Bank of Italy; however, their role has come under scrutiny during the

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