Bank of Italy
Italy's Visco calls for more 'symmetric' monetary policy
Central banks should be prepared to tighten policy pre-emptively, Ignazio Visco writes in forthcoming Central Banking journal, in order to head off financial crisis
Bank of Italy wary of emerging market risk
Italy’s central bank reports improving financial conditions in the eurozone, but remains wary of low inflation and emerging market slowdown
Reserve managers ‘obsessed' with short-term results, says Passacantando
Former Bank of Italy managing director says central bank reserve managers should take a longer-term view with their investment decisions
Italian paper finds difficulties in risk weighting sovereign debt
Researchers at the Bank of Italy warn that applying higher risk weights to sovereign debt could be detrimental to banks’ funding conditions
Visco calls for ‘rapid’ SRM agreement
Bank of Italy governor Ignazio Visco urges the European Parliament and Council for the EU to find a common ground on the SRM; argues for single resolution fund to be fast-tracked
Prices transmit information from the informed to the uniformed, say researchers
Bank of Italy working paper examines how the price system affects companies’ demand for information on the macroeconomy; contributes to business cycle theory
Bank of Italy slims down organisational structure
The central bank will consolidate its various operations into eight directorates general on January 27, in a bid to ‘streamline’ its organisational structure and decision-making processes
Bank of Italy share capital revalued
Italian government revalues central bank’s share capital at €7.5 billion; ECB rebukes finance ministry for jumping the gun
Bank of Italy holds conference in memory of economist Curzio Giannini
Bank of Italy governor Ignazio Visco opens conference by outlining Giannini's major insights before his premature death 10 years ago, which have proven correct following the financial crisis
Italian paper finds government spending multipliers less than 1 at ZLB
The multiplier can go above 1 only when monetary policy is held constant for at least five years - but can still be reduced by elevated sovereign risk, researchers find
Bank of Italy paper tests monetary and fiscal defences against speculative attack
Researchers devise co-ordination game to assess interaction of monetary and fiscal policy when policy-makers attempt to resist a potential speculative attack
Bank of Italy copycat website closed
A replica of the Bank of Italy’s website has been shut down by the Italian authorities over fears it was seeking to illegally obtain internet users' personal data
Italian deputy warns of political pressure on central banks
Salvatore Rossi says central banks’ increasing responsibility for financial stability makes them a ‘perfect target’ for both lobbyists and politicians
IMF warns Italian financial sector is ‘not out of danger'
Assessment finds Italian financial sector to have shown ‘remarkable' resilience, but slender profit margins and worsening loan quality have led to ‘pockets of vulnerability'
Bank of Italy's Visco calls for full-fledged political union
Beyond banking union, the scope of a common eurozone budget - as well as the timeframe for its implementation - must be defined, says governor of Europe's fourth-largest economy
Eurozone countries still react differently to monetary policy, paper finds
Bank of Italy researchers find response has become more homogenous, but differences remain in the reaction of prices and unemployment
Bank of Italy paper finds women directors improve bank governance
Researchers find that women on bank boards tend to reduce the riskiness of investments, which they say is potentially both an argument for greater gender balance and a factor behind discrimination
Italian deputy sees difficulties in macro-prudential policy implementation
Fabio Panetta discusses ways that macro-prudential policies may be circumvented or rendered ineffectual and suggests possibilities for solving these problems
People: New director-general at Bank of Italy; Bank of Israel adviser ends 30-year tenure
Salvatore Rossi becomes Bank of Italy's director-general; Barry Topf leaves Bank of Israel after 30 years; and more
Italians back using gold reserves to lower funding costs
A survey commissioned by the World Gold Council finds that Italians would support the creation of gold-backed bonds; sovereign bond yields fall further as new government is formed
Italian survey suggests risk and time preferences can predict trust
Working paper examines predictive power of risk and time preferences for trust, and analyses role of trust in explaining socio-economic outcomes
People: Bank of Italy's Saccomanni becomes Italian finance minister; Kuroda replaced at ADB
Director-general at Italian central bank gets top government role; Takehiko Nakao moves from Japanese finance ministry to head Asian Development Bank
Bank of Italy research finds evidence of investors ‘waking up’ to sovereign risk
Working paper suggests widening eurozone sovereign spreads caused by ‘complacent’ investors suddenly paying closer attention to risks
Italian governor calls for greater understanding of Islamic finance
Ignazio Visco says ethical finance focuses on 'the link between financial transactions and underlying assets'