Economist Marco Onado, one of the leading figures in Italian and European banking law, has died. Born in Milan, 84 years old, Onado held professorships in several Italian universities, such as the Department of Finance at Bocconi University (in which he graduated in Economics), and previously also in Modena and Bologna. Several of his experiences abroad at the University College of North Wales and Brown University. His positions include member of the scientific committee of Prometeia, Consob Commissioner (from 1993 to 1998) and advisor to CNEL, among others. He has been a great critic of the status quo. “Finance,” he wrote, "has become ever larger, ever more opaque, ever more uncontrolled. Instead of being a dispenser of well-being for all, it has been seized by a kind of luciferous ambition that has led it to show its worst face”.
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