The jury is still out on whether banks can cope with the wave of innovations and remain both profitable and safe in the brave new digital era. Remaining profitable is a tall order for a number of reasons. First, the competitive landscape in the digital era is a more colourful, more global and faster-moving place.
Lastly, on responsibilities, he emphatically and clearly stated that the EFD outlined the future of Italy’s economy and public finances and that ‘this future is still in our hands.