risks posed by individual banks but also, importantly, those posed by nonbanks and the system as a whole. The recent …

Stochastic Frontier Approach (SFA) is applied to a panel of 700 Italian Banks. The analysis is based on the joint estimation of a … that the cost efficiency of cooperative banks (CCB) is always higher than that observed for joint-stock companies (LTD) and … Popolari banks. Third, the study suggests that cost efficiency tends to decrease as bank size increases. Finally, as regards …

of banks have been the inevitable consequence of this crisis. "The decline in bank profits was a global phenomenon" (BIS … over 20% compared to last year, though the banks from Serbia were among the most successful in Europe in 2007 …

Banks and other intermediaries may help savers commit to investment plans that savers could not stick to if they held …

The increased adoption and infiltration of the Internet has recently redefined the playground for retail banks. Retail … banks are now offering their services primarily through their Internet banking branches. The repercussions of this change to … “brick and mortar” banks have been studied in the context of developed market economies. In this paper, we contribute to the …