The Banca Popolare di Vicenza is one of the cooperative banks that have embarked on this process as part of the measures required by the supervisory authorities. As the explanatory note published on our website yesterday describes in more detail, in 2014 evidence emerged that this bank had committed irregularities in share buybacks.
Second, because increasing longevity will likely mean an ever-increasing focus on the adequacy of assets, rates of return (and, one trusts, risk), it surely follows that there will also be more attention paid to the fee structure of the service providers in the funds management and advising businesses.