Italy
Italian government nominates Panetta to senior ECB role
Nominee is trained economist with over 30 years’ service at the Bank of Italy
ECB gives eurozone banks more time to deal with new NPLs
Leading European lawmaker welcomes relaxation in ECB’s provisioning requirements
Inflation target uncertainty magnifies price shocks’ impact- BoI paper
Researchers investigate effects of central banks failing to pefectly follow targets
Bank of Italy and state mint set up new company
Joint venture aims to become “centre of excellence” for printing documents with security features
Regulators need ‘stick and carrot’ to deal with NPLs – BoI paper
Optimal policy combines capital transfers and NPL disposals to wipe out owners’ rents – researchers
Purists lament as most cheer Lagarde as next ECB chief
Lagarde expected to adopt similar philosophy to Draghi at ECB, making the central bank the ‘only game in town’ – at least for a while
Italy’s central bank plans could break EU law – ECB
The ECB is challenging the Italian coalition’s plans to take control of gold reserves and central bank shares
Bank of Italy paper looks at impact of long-term rates
Long-term rates have significant impact on Italian banks’ risk appetite, researchers find
Central Banking’s ‘Leaders’ for custody, banking and gold
Central banks want integrated custody platforms and real-time data from custodians as the low-yield environment drives demand for banking services and increases the relative attractiveness of gold
Bank of Italy paper presents new financial stress indicator
New model identifies financial stresses missed by others, authors say
Italian cabinet approves central bank appointments after delay
Move comes after strong criticisms of the Bank of Italy by leaders of governing parties
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: Financial deepening, fintech development and green financing
The past 40 years have seen China transform from a recipient of global aid to a major economic centre in its own right. China is now seeking to deepen its markets, gradually open its borders to global financial flows, and promote new and innovative forms…
The IFF China Report 2019: The Belt and Road Initiative
Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
The Belt and Road Initiative 2019 Survey – A new driver for globalisation?
The second Belt and Road Initiative (BRI) Survey of 28 central banks reveals that they view the BRI as a major driver of globalisation, with a high percentage of respondents expecting the initiative to provide a significant boost to GDP. So far,…
The IFF China Report 2019: New globalisation – The path to the future
Multilateral rules and multilateral bodies will need to be upgraded in the coming years to better represent the shift in economic gravity towards Asia, which has emerged as the largest contributor to global growth during the past decade.
Bank of Italy confirms Panetta as senior deputy after clashes with government
Two new deputy governors also appointed after dispute with coalition government
Italian deputy governor to step down after clashes with government
Leading government ministers have called for large-scale change in Bank of Italy’s leadership
ECB’s negative rates increased eurozone credit supply – IMF paper
Cuts above zero lower bound did not have same effects on banks, researchers find
Micro variables are best warning signs for smaller Italian banks – BoI
Bank of Italy presents early-warning system for crises in less significant lenders
Italian political leader suggests taking control of gold away from central bank
Salvini says selling off part of reserves to finance policy is “interesting idea”
Senior Italian government members attack central bank and regulator
Dispute over central bank deputy governor and chief regulator now very likely
Monetary policy must respond aggressively to persistent shocks – BoI paper
Researchers model economy where central bank has less information than private firms
Risks to eurozone growth are rising, warns Draghi
Uncertainty over trade and political instability are affecting confidence, ECB president says