The case of saving decree banks is a topical issue after the crisis of Banca Etruria, Banca Marche e Carife; today we always talk about Bail in, Bail Out and the new European rules on management of banking crises , which took effect January 1, 2016.
In Bail and Bail Out are two types of intervention that are activated in the event of a crisis in a bank.
From 1 January 2016 , the crisis of a bank can be resolved through the Bail – In,
mechanism which requires the participation of investors / savers – where owners of certain financial assets issued by the bank itself – the financial losses suffered by this .
Through the Bail In the losses they are divided hierarchically among investors; the Bail Out , on the contrary , provides for the rescue of the bank paid by the public system , state or European , and therefore taxpayers indiscriminately.
Stefano Serafini , guest of “Ping Pong” transmission , summed up clearly the concept of Bail In then focusing , thanks to his experience as a consultant and entrepreneur , the Italian banking system comparing it to the stranger . The differences between the Italian banking system and American or German are many.
In the opinion of Dr . Serafini the strength of Italian banks is th “localism”.
Abroad, cocnludes Serafini, it is not understood the importance of the role played by local banks for the Italian economy.