The scenario that characterises the Italian financial system is that of intermediaries who increasingly expand and diversify their business and of increasingly integrated and competitive markets. In this framework, it is necessary to make some observations on the matter and reasons behind...

The exchange traded funds (ETF) have gradually won over the investors' trust, becoming one of the most important financial novelties in recent years. This document proposes to analyse the instrument's characteristics and prerogatives, which – as we know – shows a particular market index and...

Wide-ranging, complete information is the requisite for setting up the solid, long-lasting basis for a relationship between companies and the subjects that provide them with risk capital and credit capital. In this context, this paper proposes an analysis of the renewed role of...

The exchange traded funds (ETF) have gradually won over the investors' trust, becoming one of the most important financial novelties in recent years. This document proposes to analyse the instrument's characteristics and prerogatives, which – as we know – shows a particular market index and...

Corporate relationship banking in Italy is investigated through an empirical analysis centered on seven banking groups of different sizes. It highlights the new strategic phase of corporate banking after the crisis, in particular with regard to the adoption of more selective credit lending...

The coming into force, on January 1, 2007, of the International Accord on the capital requirements of banks, better known as Basel 2, opened a new phase for the credit market, which was bound to affect right away and in a significant manner the behavior of all those involved by it. The...