Italian govt renews central bank chief Visco's mandate

Bank of Italy’s governor Ignazio Visco, 2nd from right, walks to the Bank of Italy headquarters in Rome, Friday, Oct. 27, 2017. Italian Premier Paolo Gentiloni’s government has renewed Ignazio Visco’s mandate as head of the Bank of Italy, in an apparent slap at Democratic Party leader Matteo Renzi. The Cabinet vote on Friday ends days of politicking over whether Visco, 67, would be confirmed for a second term after former premier Renzi took a swipe at Visco, blaming him for lack of oversight over the country’s troubled banks. (Angelo Carconi/ANSA via AP)

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