The paper analyses a case study of time lag in processing market-sensitive information with intraday data. On February 2011, the Italian Parliament approved the so called Milleproroghe decree issued by the Government which included, among others, a new important rule for banks transforming the...

Chapter 1. The Meaning of Corporate Governance and Its Role in the Banking Sector -- Chapter 2. Corporate Governance Theories and the Banking Sector -- Chapter 3. Corporate Governance in the Banking Sector: A Literature Review -- Chapter 4. CG Stock Markets and the Environmental, Social and...

The writing of this article predates by several months the failure of Silicon Valley Bank and the takeover of Credit Suisse which occurred in March 2023. It does not represent the views of the European Central Bank (ECB) and should not be construed as linked to or an advice for the winding down...

This article focuses on some of the operational aspects of winding down a bank’s trading book portfolio and discusses the hidden exit costs that can sometimes exist. The article provides a deep dive on valuation principles and exit strategies currently considered by industry practitioners when...

Chapter 1. Introduction -- Chapter 2. Main Features of the Banking Business Model -- Chapter 3. Valuing a Bank in Going Concern -- Chapter 4. Banks M&a: Strategy and Valuation -- Chapter 5. Valuation in Resolution -- Chapter 6. Valuation in Liquidation -- Chapter 7. Loan Valuation -- Chapter 8....