The history of relations between the Italian banking industry and the State during the last 150 years from National Unification has affected the stability of deposits and credit flows, the effectiveness of investment choices. In carrying out these functions, banks have played an entrepreneurial...

In times of extraordinary financial markets tensions, the Ecb can make use of unconventional monetary policy that are by definition exceptional and temporary in nature. These measures aim to preserve credit flows to the euro area economy and to introduce new liquidity management instruments

The Italian economic culture over the last 150 years has considered banks not merely as financial intermediaries, but as a key factor of economic development in which, thanks to their professional reliability, they have given a fundamental contribution to real growth

The Italian Banking Association has realized a research project to celebrate 150 years of National Unification. This important anniversary has been the opportunity to analyze the elements that have fostered the unification of the country and its economic growth with the essential contribution of...

To celebrate the 150th anniversary of Italian Unification and to contribute to the debate under way on the national history, ABI has launched a research project to analyze the linkages between the society, the economy and the action of Italian banks. The research has been published by Bancaria...

Supervisory fragmentation is a cause of systemic risk, as cooperation amongst national authorities is bound to fail in crisis events. The situation will be different under the Banking Union when the Single Supervisory Mechanism is in place even if it shows some weaknesses: the Ssm includes...

Turbulence and global economy’s fragility are increasing the propagation of stresses and traumas in interconnected systems. The Too-big-Too-Fail concept, however, is now becoming less significant and a new idea – Too-Complex-To- Survive – is gaining popularity. Since excessive complexity...

The reorganization of branch networks recently undertaken by Italian banking groups has led many subsidiary banks to operate in territories where the parent company is not present through own branches. The delegation to physically monitor the local environment can lead to an amplified credit...

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 now facing the effects of the double-dip recession, which has significantly weakened businesses and households, their key customer...