Analyzing corporate fundamentals in the internal rating process (both at industrial and competitive level), leveraging on public information, is an important issue. The aim is to facilitate the counterpart’s forwardlooking assessment, beyond a stringent cyclical point-in-time valuation, with a...

To assess the Basel 3 impact, a simple model relating capital ratios, profitability, assets growth and dividend ratios can be very useful. Showing the necessity of fostering Roas mainly through cost cutting policies

Under recently enacted legislation, financial advisory services can be offered by different categories of entities that are in competition with each other. Financial advisory firms that offer only financial advice allow a clear identification of financial advisory profits and provide a...

Italian banks can adopt various solutions to face the present structural problems: from a significant costs reduction to a rethinking of the business model, with relevant changes in the distribution capacity and in the relationship with households and businesses. In the process of change, an...