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N° 11 November 2025

N° 11 November 2025

Ethics and economics Antonio Patuelli A13, G20 Culture, critical thinking, rational courage and determination are indispensable in the face of the ever-new challenges that the banking world must face wi...

The Nobel Prize to Aghion, Howitt and Mokyr: between Economics and History Pierluigi Ciocca A20, B20, B30 In the last two years, economists and economic historians, together, have been awarded the Nobel Prize. Through the first studies of Robert Vogel and Dougl...

Stock market reaction to extreme weather events in the electrical sector Roberto Bianchini, Vincenzo Butticè G14, G32, Q54 We analyze the reaction of the European stock market to extreme weather events, focusing on European electricity companies. These firms hold large ...

Pandemic and Payment Choices: The Case of the Usa Elvira Anna Graziano, Gerardo Petroccione D12, D91, G2, G41, I12, O33 The Covid-19 pandemic has profoundly altered consumers’ financial and digital behaviours. This study employs two Structural Equation Models (Sems), based o...

Towards a long-living and multigenerational future Giulio Carlo Dell’amico, Flavia Profili F02, J01, M54 In the coming years we will face the changes deriving from a profound demographic transformation, linked to the increase in longevity and the opportunity ....

Italian Banks invested 2.1 bn in 5 years to protect branches. For Rottigni, Gm ABI, the culture of safety is crucial Marco Iaconis, Andrea Pippan G21, G28, G29, J20 Security is a top priority for the Italian banking industry. Starting with the physical security of bank branches. In 2024, Italian banks invested 461 mill...

Crisis Management in the European Banking Union: Assessing the First Ten Years of Operation Paola Paiardini, Valerio Pesic F36, G21, G28, H81 Over a decade after the launch of the Banking Union, the European framework for banking supervision and crisis management has made significant progress ...

The use of Artificial Intelligence in anti-money laundering measures Maria Colonnello, Giulia Mattiacci G21, G28, K42, O33 To overcome the challenges posed by the adoption of Artificial Intelligence in the fight against money laundering, a strategic and responsible approach tha...

Blockchain redesigns trading-clearing-settlement of financial markets: evidence and evolutionary scenarios Anita Deflorio, Dario Russo O30, O33 Dlt-based technologies have aroused the interest of scholars and operators in the banking world. In recent years, various experiments have highlighted the ...

Per Marco Onado: studioso, amico, docente Franco Tutino Writing about Marco Onado in the days following his death is – for me, an admirer and a friend – to return to the memories that bring him back to me, to hi...

In ricordo del Professor Marco Onado Andrea Landi It is a source of satisfaction to learn that the Council of our Association has named after Professor Marco Onado the Adeimf prizes awarded to ...

è cultura!, il Festival che non finisce Ildegarda Ferraro, Andrea Pippan In 2025 some 150 events and appointments during the focus week from 11 to 18 October. Culture underpins all our choices. Work on 2026 is already under way ...

Central banks: role and policies William A. Allen The earliest central banks were established in the seventeenth century. As of now, there are over 180 of them around the world, and very few have gone ...