Gros-Pietro, aggregations serve to strengthen growth

Banking aggregations, investments in artificial intelligence and the strengthening of European financial structures are key to supporting growth, addressing demographic challenges and making Europe the protagonist of its own future. This is what Gian Maria Gros-Pietro, president of Intesa Sanpaolo, said during the meeting dedicated to the social role of banks.

Gros-Pietro spoke about the potential of artificial intelligence, capable of accelerating scientific research, improving productivity and making possible activities that previously required much greater time and resources.

The president of Intesa Sanpaolo underlined the need to accompany technological development with adequate rules, controls and investments, so that innovation can free people from repetitive activities and leave greater space for creativity. According to Gros-Pietro, to support this transformation, "we need solid financial structures capable of mobilizing significant capital". Hence the value of banking aggregations and the ability to retain the savings produced on the continent in Europe, preventing it from continuing to significantly finance the US economy. The challenge, highlighted Gros-Pietro, is to build a European economic and financial system capable of supporting innovation and strengthening competitiveness, while at the same time contributing to the stability of the welfare state.