The Banca Italiana di Sconto (BIS) was a leading Italian

bank A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...

that went bust in 1921. One firm hit by its collapse was the giant film production conglomerate

Unione Cinematografica Italiana The Unione Cinematografica Italiana (UCI) was an Italian film production and distribution consortium of the silent era. Following the end of the First World War, a group of eleven leading Italian companies joined forces in a single conglomerate ...

(UCI), which itself folded a few years later. Another victim was (BAO) whose formation in 1917 BIS had promoted. BAO failed in 1923.

References

Bibliography

* * Toninelli, Pierangelo Maria. ''The Rise and Fall of State-Owned Enterprise in the Western World''. Cambridge University Press, 2000. Defunct banks of Italy Banks with year of establishment missing Banks disestablished in 1921 1921 disestablishments in Italy {{Italy-bank-stub