Banks, Move: at this stage I would leave them alone, better bet on something else

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Italian banks and European banks in general would leave them alone at this stage. The situation remains complex from an economic point of view. I would focus on something else ”. So Gian Maria Mossa, CEO of Banca Generali, intervened in a direct Instagram of the Sole 24 Ore. The top manager stresses that the Italian banking sector is very exposed to the crisis and in addition “banks now play a role that is not only economic but also social”.

With regards to markets in general, Mossa stresses that the drivers will be both political and related to macro data. “There have been positive interventions and now we have to choose the right sectors: medtech, technology removed the tiers1, the resources with the raw materials that will resume,” argues Mossa.





Source link
https://www.finanzaonline.com/notizie/banche-mossa-in-questa-fase-le-lascerei-stare-meglio-puntare-su-altro

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