The Bank of Italy “positively” fulfilled its supervision duties and is ready to account for its actions on failing lender Banca Popolare di Bari, Governor Ignazio Visco told Corriere della Sera daily in an interview published on Monday. Prosecutors in the southern Italian town of Bari are investigating the former chairman of Popolare di Bari for alleged corruption in relation to the central bank’s supervisory activity over the failing local lender, a judicial source said on Sunday. “Banking supervision has accomplished its duties with the highest effort and, in my opinion, positively,” Visco told Il Corriere, adding that …read more
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