The origin of financial risks is strictly related to bank management, as well as to the performance of financial markets and they have to be analyzed using an integrated approach based on both quantitative and business management instruments

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...

Setting aside the priorities imposed by the crisis, the management of Italian banks must define strategies for redesigning the commercial bank’s model in all business areas - investment banking, commercial banking, retail banking, asset management - to identify new services opportunities and...

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

The analysis of principal data on Chinese banks highlights how they are exposed to credit risk, primarily generated from loans to public companies. Chinese banks have a good capital provision; the analysis of economic data describes a system oriented towards relationship lending; the average...

The financial crisis has highlighted, among other things, the limits of risk management and the need to identify better solutions. An effective risk management system cannot only depend on a severe internal governance scheme, ignoring other entities potentially involved, such as public...

The last two years have stressed how special and important banks are. When the financial system fails, the whole economic system is affected. The financial sector has undergone an unprecedented wave of innovation, change, consolidation and now crisis. We now have a better understanding of the...

The ABI choices on Compliance Tests have led to the drafting of the White Paper on Compliance Function and to the need to explore some topic issues. After identifying the categories of checks carried out by the Compliance Function and the main stages of Compliance Risk Management, the analysis...