Category: Panetta

  • ECB’s Panetta adds to the chorus for a June a rate cut – “general consensus has emerged”

    As Governor of the Bank of Italy, Fabio Panetta is also a member of the Governing Council of the European Central Bank. On Saturday, he spoke at a press conference at the end of the G7 finance leaders’ meeting, saying he saw “a fairly general consensus emerging about the possibility…

  • Italian banks must quit Russia, ECB’s Panetta says By Reuters

    Written by Giuseppe Fonte and Valentina Za STRESA, Italy (Reuters) – Italian banks should halt their activities in Russia because staying in the country also brings a “reputation problem,” European Central Bank policymaker Fabio Panetta said on Saturday. After Austria’s Raiffeisen Bank International, UniCredit is the European bank with the…

  • Italian banks must quit Russia, ECB’s Panetta says By Reuters

    Written by Giuseppe Fonte and Valentina Za STRESA, Italy (Reuters) – Italian banks should halt their activities in Russia because staying in the country also brings a “reputation problem,” European Central Bank policymaker Fabio Panetta said on Saturday. After Austria’s Raiffeisen Bank International, UniCredit is the European bank with the…