topology techniques to monthly data on deposits exchanged by Italian banks, from 1990 to 2008. Our research yields three main … results: first, only a few banks are today pivotal in the redistribution of liquidity across the system, while banks close to …, but outside this core circle, weigh less than they used to; secondly, the halt in operations in a second set of banks may …

of data on banks’ balance sheets, central banks and money market funds; on interest rates on deposits and loans; on non …

enterprises, as captured by the assessment of credit standards provided by the banks participating in the Eurosystem Bank Lending … Survey (BLS banks). For Italy, we combine the information provided by the relatively small panel of large banking groups … participating in the Eurosystem survey with the replies obtained from the non-overlapping and wider group of banks participating in …