After a decade of deep transformation, which influenced both lending policies and risk management, Italy�s mutual … banks are faced with the upcoming Basel III reform. Economic trends continue to exert pressure on the traditional bank … institutions relative to the new rules on capital and liquidity. The exercise paints a picture of broad compliance with the …

regulatory capital and risk-weighted assets and assessing their positioning with respect to future leverage and liquidity … June 2012, show that capital and liquidity positions relatively to the Basel 3 targets have improved considerably over the … interpreted as a forecast of capital and liquidity needs as they do not incorporate any assumption about future balance …

In 2007 the new framework for capital adequacy of banks (Basel 2), defined in 2004 by the Basel Committee for Banking … of the Italian banking system. For large internationally active intermediaries the capital requirements, calculated with … the advanced methodologies, decrease with respect to the current regime; for medium-sized banks the capital requirements …

. In the long run efficiency gains dominate over the market power effect, leading to more favorable prices for consumers. …

efficiency conditions; however, more studies are needed to investigate the topic within the context of ï …

an unprecedented wave of consolidation. A growing body of empirical literature has attempted to measure the efficiency … mergers yield economies of scope or gains in managerial efficiency. …

crucial to fostering long-term growth. In this paper we study the determinants of public service efficiency (PSE) and in … risk of omitted variable bias and implicitly controlling for differences in formal institutions. First, we compute PSE …

This paper provides a survey of a number of studies conducted in recent years, above all at the Bank of Italy, aiming … at assessing the quality and the efficiency of public services in Italy. We consider services provided by the central … other countries and there are large regional differences in terms of both quality and efficiency, regardless of the level of …