Banca Nazionale Del Lavoro Sets Up Bank-Wide Risk Management Group


ROME--Banca Nazionale del Lavoro (BNL) is restructuring its risk operations following pressure from Italian regulatory bodies for more sophisticated risk management in anticipation of the bank's privatization and impending European Economic and Monetary Union. As part of the revamp, BNL is setting up an independent enterprise-wide risk function and installing new risk management systems, say bank officials.

Egone Buricca, head of BNL's risk management project group, says the bank's first priority

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