Italian banks may be able to compete with one another more easily now, but they must gain efficiency in order to make a mark in the global marketplace.

Two years after a reform law partially deregulated the Italian banking system, the country's banks are struggling to adjust to the more competitive environment of an economically integrated Europe. Italian banks are freer now to merge their each other and expand their branch networks, but efficiency remains low by European standards.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.