Supervisory fragmentation is a cause of systemic risk, as cooperation amongst national authorities is bound to fail in crisis events. The situation will be different under the Banking Union when the Single Supervisory Mechanism is in place even if it shows some weaknesses: the Ssm includes...

Turbulence and global economy’s fragility are increasing the propagation of stresses and traumas in interconnected systems. The Too-big-Too-Fail concept, however, is now becoming less significant and a new idea – Too-Complex-To- Survive – is gaining popularity. Since excessive complexity...

The reorganization of branch networks recently undertaken by Italian banking groups has led many subsidiary banks to operate in territories where the parent company is not present through own branches. The delegation to physically monitor the local environment can lead to an amplified credit...

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...

How the principle of proportionality can be applied to the new bank’s Internal control system? Applying the Drsa methodology of classification to a significant Italian banks sample, the research proposes three different banks’ segments. Each segment is defined according to the size of the...

Italian and European banks are moving in the same direction towards the need to strengthen capital, to re-engineer networks as a consequence of a transactional activities’ reduction, to supply low-cost and simple services, to adapt to technological innovations. In particular, mobile banking...

The distinctive element for financial advisors is represented by their interpersonal skills, more than technical expertise, in order to meet the growing demand of investors for competence, empathy and efficiency

During the financial crisis, many banks experienced difficulties in managing their liquidity, showing the weakness of the traditional liquidity transfer price system which is not anymore adequate to measure liquidity costs, benefits and risks. The development of a more efficient mechanism will...

The financial crisis has highlighted the central role of corporate governance to enhance corporate stability. Besides and in view of the MiFid 2 directive definition, an important role should be also played by product governance as a key obligation of intermediaries, in order to protect...

The development of a long lasting relationship between banks and firms requires greater cooperation between the two parties, which must be based on transparency, availability of the right quantitative and qualitative information, the correct and complete use of these information by banks, in...