Intesa CEO says bank willing to do only 'very limited' crypto investments

Intesa CEO says bank willing to do only 'very limited' crypto investments

Italian bank Intesa Sanpaolo has "very limited" room to invest in a proprietary manner in crypto assets and is urging retail investors to stay away from them, CEO Carlo Messina said on Tuesday.Speaking at a business conference in Milan, Messina said a proprietary investment in Bitcoin that his bank carried out this week was mainly a test, in order to be prepared should customers ask for this type of asset.

Reuters