Journal of
Italian
Banking
Association

year 100
 

Archive » July / August 2013

July / August 2013

Over the past 20 years, Italian banks have promoted deep changes and deserve respect without preconceptions. Banking stability is a value and is based on profitability
The Italian economy is still in a difficult transition.The banking system's contribution is essential to overcome the crisis: Italian banks must pursue actions to recover profitability...

A bridge towards recovery

Fabrizio Saccomanni
Italy has a potential to reverse the negative cycle of the last years and to continue its action in budgetary reforms for recovery. Institutions, companies, banks must work together with a common strategy...
The commitment to strengthen retail investor protection and to raise the transparency of markets and financial products are strong objectives of recent Eu action aimed to review the MiFid, the Ucits...

Basel at a crossroads

Francesco Cannata, Simone Casellina
The credibility of prudential metrics as proxies for risk, i.e. the backbone of the Basel capital framework, is often called into question. From a regulatory side, ongoing works aim at...
The European proposals to reform the banking sector, separating investment and commercial banking activities, are likely to negatively affect banks' profitability, as well as their capacity to support the economy
The introduction in Italy of the tax on financial transactions is a mean to impose a more substantial contribution to government finances. It is likely to have a significant and uncertain impact...
An analysis of Dipo (Italian Database for Operational Losses) data shows that the current regulatory requirements in terms of capital loss absorption capacity are prudent and sound
The major Italian banking groups have adopted over the past 5 years the figure of the Chief Risk Officer, with an Area that includes the functions of Risk Management and Compliance