Italian CEO says retail banks need time to adapt
Yesterday I spoke to Antonio Vigni, CEO of Siena-based Banca Monte dei Paschi di Siena, the world’s oldest bank. Below are two video clips of Vigni answering questions on lending in Italy and the hot topic of regulation.
In this first clip, Vigni says bank lending is holding up in Italy and he sees improvement.
In the next clip, Vigni says that retail banks may need more time to adapt to the brave new regulatory world.