Ignazio Visco News
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Group of Seven finance chiefs indicated they will tolerate a sliding yen for now as they intensified their focus on Japan’s recovery strategy.
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Group of Seven finance chiefs signaled tolerance of the yen’s slide to its weakest since 2008, so long as it doesn’t get out of hand.
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Group of Seven finance chiefs signaled acceptance of the yen’s slide to its weakest in four years, so long as it doesn’t get out of hand.
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It’s not paying to be either an insider or the favorite when it comes to landing the top job at a Group of Seven central bank.
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Europe’s economic outlook and market conditions remain “daunting,” and without a broader fiscal union the single currency may not survive, said European Central Bank governing council member Ignazio Visco.
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Below are some possible scenarios and some frequently asked questions about the formation of the new Italian government following the inconclusive vote on Feb. 24-25. Pre-election favorite Democratic Party leader Pier Luigi Bersani won the lower house by less than a half percentage point, while falling short of a majority in the Senate.
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Mary Jo White, who gained prominence prosecuting terrorists as U.S. attorney for Manhattan, was named by President Barack Obama to be chairman of the Securities and Exchange Commission.
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European Central Bank council member Ignazio Visco said some medium to large Italian banks need more capital as the country’s recession drags on.
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Bank of Italy Deputy Director General Ignazio Visco was nominated by Prime Minister Silvio Berlusconi to succeed Mario Draghi as the central bank’s governor, Ansa newswire reported today, without citing anyone.
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BNP Paribas SA, facing mounting bad- loan provisions at its Italian unit Banca Nazionale del Lavoro, wrote down the division’s goodwill following a Bank of Italy call to bolster capital locally.
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