Sonia Sirletti writes for Bloomberg News.
A Milan appeals court overturned a previous guilty verdict for the ex-CEO of Banca Monte dei Paschi di Siena SpA.
The Italian government backtracked on part of its new tax, saying it would introduce a cap to limit the impact for many lenders.
Officials in Brussels may ask Europe’s financial industry to make a joint pledge to keep credit flowing to companies hurt by the coronavirus pandemic.