I study the born and the development of the Torino financial area in the mid nineteenth century. In the second half of XIX Century, Torino was the capital of Piemonte’s State, and, for this reason, it was involved in political and economic events of great importance. In particular, before and...

In 2007 the new framework for capital adequacy of banks (Basel 2), defined in 2004 by the Basel Committee for Banking Supervision, will replace the 1988 Accord (Basel 1) in all major countries. In the last years the Committee has carried out several impact studies in order to simulate the...