at the Bank of Italy, proving to be a useful tool not only to refine the rules being adopted, but also to strengthen the …

banks are faced with the upcoming Basel III reform. Economic trends continue to exert pressure on the traditional bank …

We find evidence of a bank lending channel for the euro area operating via bank risk. Financial innovation and the new … ways to transfer credit risk have tended to diminish the informational content of standard bank balance-sheet indicators …. We show that bank risk conditions, as perceived by financial market investors, need to be considered, together with the …