Bank of Italy
Bank of Italy - Annual Report 2007
The Bank of Italy's latest Annual Report spells out the central bank's plans for reorganising its head office, branch network and representative offices.
Reform on track: FSF's Draghi
Efforts by an influential group of supervisors to reform financial markets in the wake of the credit crunch are going to plan.
Bank of Italy to close eurozone branches
The Paris, Brussels and Frankfurt branches of the Bank of Italy will shut by the end of this year.
Former Bank of Italy chief to stand trial
Antonio Fazio, a former governor of the Bank of Italy, will go to court in October to answer questions over his alleged role in a takeover scandal.
No job losses under Bank of Italy branch closure
The Bank of Italy has reassured its employees that it will be making no redundancies, despite closing more than a third of its branches.
Regulators to cooperate on rules to combat crisis
Financial regulators from the world's leading economies are set to draft recommendations to avert global instability in response to the recent market turmoil.
Italian government eyes reserves for debt payment
The Italian government is proposing to use part of the central bank's gold and currency reserves to pay down national debt, which is currently at 107% of the country's gross national product. The country's parliament has approved a resolution calls for…
Draghi sees more efficiencies from bank mergers
Mario Draghi, the governor of the Bank of Italy, says the market expects further savings as banks in Italy consolidate. Speaking at the meeting of the Italian Banking Association in Rome on 11 July, Draghi said savings would come from unifying IT systems…
New rules for Bank of Italy chief
The Bank of Italy adopted new rules on 28 November that end the central bank governor's unrestricted decision-making powers and traditional job for life.
Italian banks' merger breakthrough
Two of Italy's biggest banks are to merge to form Europe's 10th largest bank with a market value of €55bn ($80bn).
ECB opposes BoI reform bill
Attempts to reform governance structures at the Bank of Italy (BoI) yesterday received another blow when Lorenzo Bini Smaghi, a member of the ECB's executive board, said the government should amend some of the initiatives proposed in a parliamentary bill.
Fazio faces strike ultimatum
The union representing the majority of staff at the Bank of Italy has threatened to call a strike unless Antonio Fazio, the central bank's governor, resigns over the Antonveneta affair.
Bank of Italy slaps down investigation story
The Bank of Italy issued its second official statement since the transcripts of Governor Fazio's conversations were leaked to the media; this time, a one-line response to an article in the Corriere della Serra, an Italian daily.
A spring-cleaning for the Eurosystem
As the Eurosystem prepares for the arrival of new members, it has first to attend to some housekeeping. A report by Nick Carver
Speech by Antonio Fazio Governor Bank of Italy
SPEECH - In the speech titled 'Recovery and growth of the Italian economy' Fazio said that the Bank of Italy expects economic growth in the European Union to slow to 1.5 percent in 2002 from 1.7 percent last year. But that EU growth was likely to recover…
Bank of Italy withdrew 50% of liras at end Jan
ITALY - The Bank of Italy has withdrawn just over half of the old liras in circulation with less than a month to go before the currency is to be entirely replaced by euros, Bank Of Italy Governor Antonio Fazio said Saturday.
Berlusconi defends central bank powers
ITALY - Prime Minister Silvio Berlusconi Friday threw his weight behind the Bank of Italy after a group of lawmakers proposed to strip the central bank of banking surveillance powers as part of a wider reform involving a number of regulatory bodies.
Speech by Antonio Fazio Governor Bank of Italy
SPEECH - Joint Session of the Fifth Committees of the Italian Senate and Chamber of Deputies. Testimony. Fact-finding preliminary to the examination of the Economic and Financial Planning Document for the years 2002-2006. Antonio Fazio, Governor, Bank of…
Speech by Antonio Fazio of the Bank of Italy
SPEECH - Speech by Antonio Fazio Governor of the Bank of Italy to the Conference on "Work as Key to the Social Question" Vatican City, 14 September.
Speech by Antonio Fazio of the Bank of Italy
SPEECH - Opening address by Antonio Fazio Governor of the Bank of Italy at the Monitoring the Euro Area Business Cycle International Conference, Rome, 7 September.
Progress in the Italian Banking System
SPEECH - The Governor of the Bank of Italy, Antonio Fazio, gave a speech on 3 July at the Italian Bankers' Association, Annual Meeting.
Bank of Italy merger veto curbs ambitions of banks
ITALY - Bank of Italy Governor Antonio Fazio's continued opposition to mergers between leading Italian banks is proving to be a big drag on the sector as domestic mergers and acquisitions are the only way Italian banks can grow to catch up with larger…
Bank of Italy to complete BPM investigation
ITALY - Italy's central bank, Banca d'Italia, is about to complete its investigation on Italian bank Banca Popolare di Milano (BPM), which started four months ago.
Central banks key to financial stability-BOI, BOF
The internationalisation of institutions and financial activities has heightened the importance of national central banks in ensuring financial stability, the governors of the Bank of Italy and Bank of France said in separate speeches on Mar 9.