Chief Financial Correspondent, Italy, Milan
Lisa's Feed
Oct 2, 2013
Oct 2, 2013
Oct 2, 2013
Oct 2, 2013
Oct 2, 2013
Oct 2, 2013
Oct 2, 2013
Oct 1, 2013
Oct 1, 2013
Oct 1, 2013

Intesa’s ouster shows influence of old guard in Italy’s banking

MILAN, Oct 1 (Reuters) – Enrico Cucchiani’s ousting from
Italy’s biggest retail bank underscores the power of the old
guard in the financial system that critics say holds the economy
back.

Cucchiani, 63, was forced out less than two years into the
job as Intesa Sanpaolo chief executive after clashing with
Giovanni Bazoli, an octogenarian banker who is the mighty head
of the bank’s supervisory board.

    • About Lisa

      "I have been a correspondent for 13 years, reporting on banks, financial regulation and EU politics from London, Brussels, Zurich and Milan. I have also written about a variety of business sectors, general news, the arts and sport. As Chief Financial Correspondent for Italy, I keep a close eye on top Italian business stories, particularly Fiat and banking."
      Joined Reuters:
      1998
      Languages:
      English, Italian, French, German, Dutch, Spanish
      Awards:
      2010 Reuters Star Performer Award
    • More from Lisa

    • Contact Lisa

    • Follow Lisa