Word: lavoro
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Dates: during 2000-2009
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Friends wonder if Diego will one day go into politics. He sits on the board of a number of companies?including Ferrari, Maserati, Banca Nazionale del Lavoro and LVMH (which owns a 3.5% stake in Tod's)?but insists that shoemaking is his only work interest. "My job is to touch leather and create brands," he says. "And then more time for my family...
...Amro of the Netherlands is expected to announce a bid for Banca Antoniana Popolare Veneta, Italy's ninth-largest bank, as early as this week. That follows this month's €6.5 billion bid by Spain's Banco Bilbao Vizcaya Argentaria for the 85% of Banca Nazionale del Lavoro it doesn't already own. The moves amount to an earthquake for Italian banks, which are all firmly in Italian hands and have until now been able to count on the Bank of Italy to protect them from foreign takeovers. But the European Commission questioned that policy this year, putting Bank...