According sole24ore PattiChiari losing pieces.
The banks involved in the project increased from 150 to 100 (source Radiocor).
Because of the decline, the new obligations imposed by the reform of governance:

adherence to all thirty projects of the consortium but also the costs for banks of medium size reach the hundreds of thousands per year.

The common denominator is that PattiChiari is’ self ‘, characterized by’ costly organizational innovation “, to appear without an obvious advantage in terms of reputation, and indeed many have judged the results” disappointing “in light of the serious injury of September, during the crisis at Lehman. As you know the list of bonds to low risk (as noted by the same Sole24ore) one of the first initiatives launched during the launch of the Consortium at the time of financial scandals, also contained the day of the announcement Lehman default (mid-September ) designation, between titles secure bond from U.S. bank.

I must admit that the banks here have a point.
Pattichiari is not sponsored a duty and adherence to these projects does not encourage the banks with the arrival of more customers or acknowledgment on the “final consumer”.
Rather than convince the bank to join would be much easier to explain to people that PattiChiari are valid, famous and safe.

This would allow a greater peace of mind to accession.
Moreover, it takes false steps that could undermine the system of trust and security that can make these projects.
Next PattiChiari, we must insist on the right way!

Categories : Banks