Rallying cry for Italy

“It’s no good simply having a market risk management model ready and in place,” says Mauro Maccarinelli. “We have to be committed to selling it to ourselves across the bank and using it.” The head of capital markets in the risk management division at IntesaBci, Italy’s largest bank, has an enthusiasm that verges on the evangelical.

When IntesaBci has fully absorbed market risk management, it might consider selling its expertise to other Italian banks, Maccarinelli says. He is setting up ‘Bci

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