The Italian and Spanish banks experienced significant weakening during the 2007/2008 crisis. The subsequent recovery led to improvement in their regulatory capitalisation and funding profiles, but their profitability and asset quality remain weak in light of the imminent impact from Covid-19. Hear an executive summary of the BankFocus research.
Naomi Hirst is senior campaigner for Global Witness. Sam Sheen is the founder and managing director of Ex Ante Advisory. Michele Riccardi is senior researcher for Transcrime – Università Cattolica.
Hear audio from the panel discussion "Identifying power and control" from our recent Compliance Forum.