The paper addresses the question of diversification in the banking sector. The need to look closely at the determining factors and economic effects of diversification in the financial sector stems from two main types of reasons. Firstly, banking diversification is taking on an increasingly...

This paper aims to stress the importance of market liquidity for the stability of the financial system, emphasizing the pivotal role played by liquidity risk in the development of the current financial crisis, pointing out the flaws of regulation and supervision and stressing the need for their...

cover -- quartino di testa -- dedica -- Indice -- Prefazione -- Capitolo Primo Il sistema finanziario -- Capitolo Secondo La funzione di intermediazione -- Capitolo Terzo Moneta e sistema dei pagamenti -- Capitolo Quarto La funzione di trasmissione della politica monetaria -- Capitolo Quinto I...

This paper aims to stress the importance of market liquidity for the stability of the financial system, emphasizing the pivotal role played by liquidity risk in the development of the current financial crisis, pointing out the flaws of regulation and supervision and stressing the need for their...

Spanish Abstract: El ensayo examina la figura de la quiebra en la reflexión de Hevia Bolaños, autor de referencia en materia de difusión en el Nuevo Mundo del ius mercatorum elaborado en Europa. De este análisis se deriva un estudio de la experiencia del derecho común, donde hay una...