Passera Says Majority of Italy's Banking Woes Are in the Past

The video discusses the evolution of challenger banks, particularly in Italy, and the challenges they face. It highlights the impact of digital technologies and new regulations on financial services. The speaker addresses Italy's economic outlook, emphasizing the need for investment in education and infrastructure. The importance of creating a single European market to compete globally is stressed, along with the necessity for banking consolidation, particularly in Germany.

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