Intesa Sanpaolo’s Passera comments on the private recovery fund
10 July 2010
Corrado Passera, the delegated administrator of Intesa Sanpaolo, voiced his scepticism regarding the proposal of the private recovery fund. Certainly yes to the deposit guarantee funds, but no to the recovery funds,‘ said Passera, expressing doubts on the practical side of managing the fund.
Corrado Passera, the delegated administrator of Intesa Sanpaolo, voiced his scepticism regarding the proposal of the private recovery fund. Certainly yes to the deposit guarantee funds, but no to the recovery funds,‘ said Passera, expressing doubts on the practical side of managing the fund.
