Antonio Fazio

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Person.png Antonio Fazio   Wikidata WikiquoteRdf-icon.png
(central banker)
Born 1936-10-11
Alvito, Italy
Nationality Italian
An Italian central banker who resigned as Governor of the Bank of Italy amid controversy.

Employment.png Governor of Bank of Italy

In office
4 May 1993 - 20 December 2005
Preceded by Carlo Ciampi
Succeeded by Mario Draghi

The Antonveneta affair

In 2005, Fazio came under heavy pressure to resign (which he eventually did) over his role in allegedly rigging the competition to take over an Italian bank, Banca Antonveneta, earlier in the year. Published excerpts of tapped telephone calls strongly suggest that Fazio favoured an Italian bid, probably in order to sabotage a foreign bid from Dutch bank ABN AMRO.



References


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