FRANKFURT Nov 21 Italy's Banca Mediolanum
won't be directly supervised by the European Central
Bank even after undergoing an ECB health check earlier this
year, a list published on the ECB's website showed on Monday.
The ECB opposed earlier this year former Italian Prime
Minister Silvio Berlsuconi owning a significant stake in
Mediolanum through his Fininvest holding company.
U.S. bank Citi's Irish unit, which also passed the
comprehensive assessment along with Mediolanum and Slovenia's
Abanka, was the only new bank added to the list, the ECB said in
The total number of "significant" banks directly supervised
by the ECB fell to 127 from 129 due to a merger and two
(Reporting By Francesco Canepa)