Italy Is Not Over-Banked, Spaxs CEO Passera Says

The video discusses the challenges and transformations in the banking sector, focusing on risks, past crises, and the impact of digital technologies. It highlights the need for consolidation in Italy's banking industry, driven by regulatory changes and competition from new entrants. The discussion includes the role of government contracts and the evolving landscape of small and medium-sized banks.

What changes are expected in the banking sector in terms of competition and consolidation?

How does the number of banks in Italy compare to that in Germany according to the text?