BSI scandal: CEO Isolani met Lugano Mayor

The BSI scandal, which will see the closure of the oldest bank of Ticino, has created concern about the possible loss of jobs. Wednesday, the new CEO Roberto Isolani met, together with the Vice-President of the Board Eugenio Brianti, at Town Hall the Mayor of Lugano Marco Borradori. "FINMA's decision will not lead to a drastic cut in jobs or a customer run," Isolani said.

On the other hand, the Mayor has not shown so optimistic "To know whether or not there will a customer escape with cuts of personnel we'll have to wait for the next few days", Borradori noticed.

Borradori also expressed concern about the damage to the image of the financial center. But for the Lugano executive, it was also important to understand who will take care of it from here to the merger bank. "We have received assurances from the leaders met today: they will ferry the institute and this reassures us," he concluded.