ROME—Italy’s populist government launched an unprecedented attack on the country’s central bank over the weekend, saying its top brass should be replaced because it had failed to supervise effectively the country’s troubled banking sector. The leaders of Italy’s governing coalition, Matteo Salvini of the nativist League party and Luigi Di Maio of the antiestablishment 5 Star Movement, lambasted the management of the Bank of Italy for failing to avert the collapse of a number of banks, which resulted in losses for shareholders...
Source: Wall Street Journal February 10, 2019 15:22 UTC