TITLE:
Italian Banks’ Paths through the Crisis
AUTHORS:
Stefano Zedda
KEYWORDS:
Banking, Financial Crisis, Italy, Business Models
JOURNAL NAME:
Modern Economy,
Vol.7 No.3,
March
17,
2016
ABSTRACT: Over the past seven
years, the financial system has undergone an unprecedented crisis, which has
caused important changes in the structure and business models of banks. This
paper explores the main changes in the structure of Italian banks’ assets in
2007-2013, by size and category, as a result of the financial crisis and of
regulatory and business models changes. The analysis shows that the effects of
the crisis were very different on different categories, and that business
models have changed, pushing the different banking categories to business
models and balances increasingly similar.