The President of the Stock Exchange Supervisory Commission, on the occasion of the annual meeting with the financial markets, raises the alarm on the Italians' disaffection for the Stock Exchange and takes stock of the activity of his mandate expiring in the autumn.
According to the number one of the Commission, Vegas, the pressure from Frankfurt for the sale of non-performing loans can cause problems for institutions, because they force them to lower the price.
"I remind you that Consob is an independent authority by law": thus the Minister of Economy, Pier Carlo Padoan, replied to the Chamber during the question time - The inclusion of probabilistic default scenarios in the prospectuses of subordinated bonds is not a…
The Minister of Economic Development intervenes on the case raised by the transmission regarding the Commission's choice to eliminate probability scenarios in the information prospectuses of bank bonds - The reference is to the crash of Banca Etruria, CariFerrara, Banca Marche…
It is legitimate to attack the president of Consob but first it is necessary to accurately ascertain his possible responsibilities with respect to savers, knowing that at the moment there is no scientific model on which the Authority can rely to warn investors.
President Vegas asked the political system for new rules for the transparency of the financial markets but he forgot to examine the conflicts of interest that arose in 2015, the declining number of listed companies, the too complacent…
