Differently respect to US and main EU regulation, New Basel accord for Italian banks do not allow to use advanced methodologies for the capital requirement related to operational risk. These banks could only use the standard approach and cannot benefit from the lower capital constraints...

We present an empirical analysis of the European electronic interbank market of overnight lending (e-MID) during the years 1999-2009. The main goal of the paper is to explain the observed changes of the cross-sectional dispersion of lending/borrowing conditions before, during and after the...