This paper aims to analyze the effects of Italian banking consolidation during the nineties on the efficiency of the financial system, on competition in the market forbanking and financial services, and on the reallocation of bank ownership. Whereas a review of the recent theoretical and...

From the 1980s onwards the banking sectors in all the industrialised countries have been experiencing intense restructuring, aggregation and consolidation, radically changing their ownership structures and geography. Whatever the reasons behind such restructuring processes, the globalisation of...

In this paper we analyse the new geography of the Italian banking system on the basis of the integration pressures of recent years. The analysis of the evolution of thebanking system is focused on the concept of distance. In particular, we not only refer to the traditional distance between bank...