Recently a number of studies on banking systems’ procyclicality have been drawn. Such an issue, often developed as a consequence of Basel 2 agreements, is related with credit crunch phenomena and financial stability. Typically, a temporary shock may produce a long term effect following or...

This paper focuses on the specific legacy of the 19th century private banking on Italian major mixed banks' practices. We consider their international connections (Paris, Berlin, etc.) and their operating patterns as compared to European ones. Besides, we provide a comparative quantitative...