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Persistent link: https://www.econbiz.de/10011716279
Piedmontese National Bank, the predecessor of the Bank of Italy, are increasingly often taken as evidence of the harmful effects …
Persistent link: https://www.econbiz.de/10012233146
In December 2010 the Basel Committee on Banking Supervision published a set of new regulations for banks in response to the financial crisis. This paper aims at evaluating the possible effects of the new framework on banks' available regulatory capital and risk-weighted assets and assessing...
Persistent link: https://www.econbiz.de/10013082457
presumably unaffected by the sovereign crisis insofar as they could count on the actual or potential support of their parent bank …
Persistent link: https://www.econbiz.de/10011637418
', if fiscal consolidation is combined with a program for bank recovery and for competitiveness and growth. The second …
Persistent link: https://www.econbiz.de/10012244451
This paper investigates interbank market fragmentation that results from the bank-sovereign risk nexus. We focus on the … Italian market fragmentation during the post-Lehman and sovereign debt crisis era. By using Italian bank and GIPSI country CDS … spread changes, we suggest a new measure of sovereign/bank spillovers, based on partial correlations. Then, we examine the …
Persistent link: https://www.econbiz.de/10011583241
This paper reviews the market reaction to bank rescue packages announced in six countries between October 2008 and … shareholders as seen in the movement of bank stock prices. Government interventions benefited creditors at the expense of … shareholders, with bank CDS spreads narrowing around the announcements in all cases. Despite a brief positive reaction, bank stock …
Persistent link: https://www.econbiz.de/10013155928
Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets. The paper discusses the corporate governance of Italian banks, its regulatory framework, and the specific challenges arising from the role played by foundations and large...
Persistent link: https://www.econbiz.de/10013045259
This paper contributes to prior literature and to the current debate concerning the prudential supervisory framework to measure interest rate risk in the banking book (IRRBB), which has been significantly changed on April 2016, when the Basel Committee on Banking Supervision (BCBS) published the...
Persistent link: https://www.econbiz.de/10013501333
Using a sample of 500 Italian banks over the period 2007 - 2014, our paper provides evidence on the hypothesis behind the management of credit risk provisions and non-performing exposures for the entire banking system and for different types of banks, clustered on dimension. We also study on the...
Persistent link: https://www.econbiz.de/10013011480