How to subscribe

Subscriber Login

N° 2 February 2014

N° 2 February 2014

The roads towards a new sustainable banking model Paolo Mottura G21, G28 The traditional commercial banking model - based on accepting deposits and bonds and originating loans – is no longer sustainable. A new intermediation mod...

New trends in restructuring European banks Giancarlo Durante, Luigi Prosperetti G01, G21 Italian and European banks are moving in the same direction towards the need to strengthen capital, to re-engineer networks as a consequence of a transacti...

How Do Analysts Value Italian Banks? An Empirical Analysis Gianfranco Gianfrate, Roberto Vincenzi G21, G24, G32 The literature that examines target prices issued by equity research analysts is vast, and the role of the analytical process and valuation model used to d...

The sovereign debt crisis: the impact on the intermediation model of Italian banks Stefano Cosma, Elisabetta Gualandri G01, G21, G28 The sovereign debt crisis, which hit Italy hard, affected first banks’ liquidity and secondly the cost and volumes of funding and loans. Italian banks are ...

The impact of Solvency 2 on Insurance business: evolution or revolution? Giampaolo Gabbi, Raoul Pisani, Simona Cosma G20, G22, G28 The Solvency 2 Directive, which will come into force on January 1st 2016, represents an opportunity to not only improve insurers’ operations, but also to d...

The new fiscal treatment of credit losses in Italy Enzo Mignarri J21, K34 The Italian stability law approved in December 2013 has modified the fiscal treatment of loans and credit losses, thus mitigating the effects of the previo...

Anti-money laundering and the new regulation on customer due diligence Giovanni Castaldi G28, K42 The proposal for a Fourth Anti-money laundering directive contains overly detailed measures which are justified by the complexity of the matter

The application of the principle of proportionality in the new bank’s Internal control system Emanuele Diquattro, Sebastiano Mazzù, Giuseppe Vaccarella G01, G21, G28 How the principle of proportionality can be applied to the new bank’s Internal control system? Applying the Drsa methodology of classification to a signifi...