This paper explores the implications of systemic risk in Credit Structured Finance (CSF). Risk measurement issues … the standard risk frameworks in CSF (Gaussian, Single Risk Factor Model; GSRFM), popular among market participants. If … implemented in a �static� fashion, GSRFM can substantially underprice risk at times of stress. I introduce a simple ï …

combines individual data on bank governance with different measures of performance and risk, this paper analyses the …Italy ranks among EU countries with the fewest women on bank boards. Using a rich dataset on Italian banks that …), other individual characteristics and bank features being equal. Moreover, results show that the number of women at the top …

Bank takeovers result on average in little improvements in performance. This may be due to conflicting driving forces … behind them; however these have seldom been studied. We study directly the motivations for bank acquisitions by analyzing the …

programmes on banks� risk and valuation, looking at the behaviour of CDS premia and stock prices. We then proceed to analyse … undesired effects and distortions. Finally, we briefly review the recent evolution of bank lending to the private sector. We …

a bank default to spread to other banks. This paper analyzes how contagion propagates within the Italian interbank …

sovereign risk affects banking risk (and vice versa), presents some new evidence on bank-sovereign links, and discusses policy …

, through bank runs and bank panics, and through moral hazard. Some stylized facts related to these channels are presented. In … particular, the importance of the exposure to a common source of funding and the irrelevance of bank runs as causes of financial …

between loans and risk-free assets when uncertainty on macroeconomic conditions increases. The econometric results confirm …

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 … increasing credit risk in the balance sheets might pose a problem in the future; on the other hand, a more efficient allocation …