This paper examines changes in the organization structure and profitability of a group of six privatized large Italian banks. After privatization, there was a high rate of turnover of managers. Relative to other Italian banks, a variety of measures of profitability rose rapidly after...

This paper reports results from a study of location, ownership, and acquisitions of automated teller machines (ATMs) by a sample of large Italian banks between 1991 and 1995. The sample banks had 85% of Italian banking assets. Data are collected at the provincial level for each bank. The...

A concise analysis of the evolution of monetary policy and banking institutions over the past sixty years that stresses the dynamic interactions between the Federal Reserve and banking institutions that resulted from financial market innovations. Institutions were influenced by increasing...