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The sovereign debt crisis, which hit Italy hard, affected first banks’ liquidity and secondly the cost and volumes of funding and loans. Italian banks are now facing the effects of the double-dip recession, which has significantly weakened businesses and households, their key customer...
Persistent link: https://www.econbiz.de/10010857937
The financial crisis has dramatically demonstrated that the increasing role of cross-border financial intermediaries in the Eu has not been supported by adequate pan European supervision.The aim of the paper is to focus on the shortcomings of supervision in the Eu, and then to review the recent...
Persistent link: https://www.econbiz.de/10008583511
The financial crisis has shown significant shortcomings in the supervision and in the internal control systems of financial intermediaries, not adequate to ensure an efficient risk management. It is therefore essential for financial institutions to promote a consistent risk culture and...
Persistent link: https://www.econbiz.de/10009132707
The sovereign debt crisis, which hit Italy hard, affected first banks’ liquidity and secondly the cost and volumes of funding and loans. Italian banks are now facing the effects of the double-dip recession, which has significantly weakened businesses and households, their key customer...
Persistent link: https://www.econbiz.de/10010760363