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Italy

Italy's Draghi on FSB initiatives

In a speech to the International Monetary and Financial Committee last month, Mario Draghi, the governor of the Bank of Italy and the chairman of the Financial Stability Board (FSB), reported on the progress the board had made in the three weeks since it…

Innovation impacts money demand

Technological developments affect average money holding and interest elasticity of money demand, research from the Bank of Italy notes.

Italy names first female board member

Anna Maria Tarantola, the managing director of the Bank of Italy's banking and supervision unit, will replace Antonio Finocchiaro in the new year as deputy director-general at the central bank. In doing so, she will become the first woman to sit on the…

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