Italy's Top Banker Resigns Over Trading Scandal
Antonio Fazio, the governor of the nation’s central bank since 1993, was accused of tarnishing the bank’s image while handling a bid between two rival banks to manage Banca Antonveneta.
Milan prosecutors turned the allegations into legal trouble this week by formally starting an investigation into Fazio’s dealings.
Fazio, who enjoyed close ties with the Vatican,...
Already a subscriber? Click here to login