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This paper aims to investigate the role of capital for banking institutions and provide an empirical analysis on large Italian banks' capital adequacy. The paper is organized as follows. The first section introduces to the issue of the paper. The second section explains why the capital is...
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Chapter 1: Introduction -- Chapter 2: Rome and the Papal State: Old Customs and the New Kingdom of Italy -- Chapter 3 … Exchange and the Roman Financial Market from the Annexation of Italy to the Great War (1870–1914) -- Chapter 7: The 1920s and … financial fabric. The book examines that path to becoming the capital of Italy, offering a unique volume for researchers …
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The past two decades have seen substantial deregulation in the financial sectors of most OECD countries. The main motivation was to improve efficiency within the financial system, but the macroeconomic implications might go beyond this objective with impacts on the business cycle and the...
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This note discusses the basic economics of central clearing for derivatives and the need for a proper regulation, supervision and resolution of central counterparty clearing houses (CCPs). New regulation in the U.S. and in Europe renders the involvement of a central counterparty mandatory for...
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