In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a substantial mortgage lender. In fact, ten years...

The paper examines the long-term profitability of the Italian banking system (1965-2011), which has three interesting features: it has always been oriented to traditional intermediation; it underwent a significant process of privatization, consolidation and modernization; it proved to be very...

This paper examines the long-term profitability of the Italian banking system (1965–2012), which has three interesting features: it has always been oriented toward traditional intermediation; it underwent a significant process of privatization, consolidation and modernization; and it proved to...

We discuss whether and to what extent Italian banks will be able to support the recovery after the COVID-19 pandemic. The answer crucially depends on how the legacy of the Great Financial Crisis is evaluated. Moving from the hypothesis that the problems must be examined in the context of the...

Italian Abstract: Le banche europee, e quelle italiane non fanno eccezione, sono cresciute molto grazie all'avvento dell'euro, secondo molti sono cresciute troppo. Hanno inoltre accumulato problemi strutturali che spiegano i risultati poco incoraggianti dei test svolti da Montanaro e...

The crisis has shown the need to strengthen supervision on systemic risk and on large complex financial institutions.The de Larosière Report and EU Commission indications allow to strengthen the architecture of financial regulation and to accelerate convergence. Some important aspects,...

The crisis has shown the need to strengthen supervision on systemic risk and on large complex financial institutions. The de Larosière Report and Eu Commission indications allow to strengthen the architecture of financial regulation and to accelerate convergence. Some important aspects,...