Basel 3 has incorporated valuation adjustment in calculations of regulatory capital for counterparty credit risk, introducing an important element for the pricing and risk management of derivatives portfolios. The use of an advanced or standardized Cva risk capital charge method depends on...

Italian savings is a necessary condition for economic growth and employment development and for this reason it deserves respect and appreciation. It must be supported both by the State and banks and financial intermediaries with initiatives aimed to improve communication, financial education and...

A case study on an Italian banking group shows that cost measuring experiences of other industries can be fruitful, and that these new models can be implemented in exsisting banking frameworks

The sharp fall of profitability has shifted assets toward areas entailing a higher risk on the balance sheet side; international diversification may have had, in some cases, a mitigating effect. The banking industry has improving the credit processes and implementing credit risk strategies based...

Italy cannot be divided mechanically in two areas, an industrialized North and Center and a lagging South. A new ABI-Censis research traces eight segments that can be of great interest for banking activity and to define economic policies for an harmonic territorial development

The 2012 economic trends of Italian banks, also confirmed by the results for the first quarter, show a profitability decline, both in net interest income and in services, and a significant increase in bad loans. On Italian banks also weigh the competitive disadvantages resulting from tax burden...

The literature that examines target prices issued by equity research analysts is vast, and the role of the analytical process and valuation model used to determine target prices has received growing attention by scholars. However, the specific evidence that indicates how professional analysts...

The recent debate on the markets turmoil has been focused also on the responsibilities of regulatory framework and the limited effectiveness of supervision to monitor events with systemic implications. A deep revision of rules and supervisory approaches is necessary, both in the United States...

This paper aims to empirically test the credit risk, measured as non-performing loans, of cooperative banks which operate in a specific Italian geographic area (Lazio, Umbria and Sardegna).We perform a regression analysis over the period 1995-2009. The findings, in contrast with most of the...