A new book on the relationship between banks and corporates is a challenge that must be accepted: we need to revert the narrative on banks and provide a proper perspective on what they can do for the economy overall.Corporate and Investment Banking is in fact the banking activity that most affects the growth of companies and their ability to be more robust and competitive. In the financial world, the key variable for development is technology, enabling the use of information to the benefit of customers. For the corporate market, the tailor-made design of products involves a more complex choice, ...

The book analyzes the different phases that have characterized the evolution of the pol-icy framework and the economic governance of the European Union and the Euro Area since the end of the global financial crisis (2007-2009). This analysis, which is found-ed on a careful reconstruction of those "right" or "wrong" economic ideas that have "ruled" the European world until the pandemic shock (to paraphrase the final remarks of Keynes' General Theory), is crucial to appreciate the importance of the ground-break-ing initiatives undertaken by the European policy makers and institutions in 2020: the ...

By addressing the financial markets from a new perspective, this book sets out to take the reader on a journey, explaining the role of financial markets as places where exchanges take place to meet the needs of people, businesses and institutions. The volume is structured in four parts. The first part introduces the functions, structure, and components of the financial system. In the second part, the authors describe the functioning of the markets in terms of risk and return, providing a more in-depth description of the role of intermediaries. In the third part, capital markets are illustrated ...

The COVID-19 pandemic has demonstrated our fragility as a species. Humanity was attacked by a previously unknown virus that spread very rapidly, thanks to a speed of population mobility never before seen in human history. It succeeded in creating the complete upset of the global socio-economic system. Such an event gives us an important stimulus to re-evaluate health in the context of a circular system that encompasses humans and the environment in which we live. The key challenge we face is the discovery of novel paths to crisis resolution. Can we abandon the often cherished, but now rather obsolete, ...

The book focuses on the relationships between technological and social innovations, and the new opportunities and challenges that the education system is facing. The dissertation explores the intertwines between the educational scenarios and the contemporary social, economic, and cultural contexts. In particular, we discuss the Contamination Lab (CLab) experience, which started in Italian universities with the purpose of promoting the entrepreneurial and innovation culture. Pages: 170 Trade Paper: ISBN 9788831322188; $ 34,95 Authors: Annalisa Buffardi is a researcher at INDIRE(National Institute ...

The book places ownership at the centre of all relevant choices that the company makes. In particular, it addresses the issue of governance from the perspective of ownership, and in a broader and more articulated sense than most Anglo-Saxon studies. The authors analyse the relationship between ownership, governance, and corporate strategy with a dual objective. On the one hand, the aim is to identify the consistency relationships between the governance structure of the company and its results, because of the centrality that it assumes with respect to many of the strategic choices that companies ...

This volume develops a model for evaluating strategic decisions and integrating the economic, financial, social, and environmental dimensions. It deeply studies the theme of growth strategies and investigates the relationships between corporate strategy, ownership, and corporate governance. The authors address the issue of "corporate strategy decisions" by proposing: select among the theoretical reflections those most attentive to the needs of entrepreneurs and managers; spread greater awareness of the importance of such decisions in the context of profitable and sustainable growth paths of companies; ...

The vision of the author is to cover and discuss, at both strategic and operational level, the implications of banking and real estate relationships. It represents an opportunity to relaunch both businesses and contribute to the development of the competitive positioning of large metropolises and other local areas, territories, and communities to support the competitive repositioning of entire countries. This would require potentially extended alliances, new financial instruments, and - even more importantly - the adoption of technological advances to build and manage finance-to-real-estate digital ...

AI and Runaway Transformation in Financial Services Artificial intelligence is driving the next revolution in banking, with disruptive forces presenting profound challenges to traditional business models. As the adoption of new technologies, and innovation of even newer ones, accelerates, are we fast approaching a future in which banks no longer have a need for assets or, indeed, for humans? Is there a future in which bankers themselves, if not banks, disappear altogether? Are we approaching a “singularity moment,” in which advances in artificial intelligence trigger rapid and uncontrollable ...

The role of academics, bankers, politicians, regulators The main idea of this book is that the root cause of the financial crisis is the ambition to handle risk as a well-defined commodity that can be traded in the market. The book provides an interpretation of the crisis going beyond simple reconstructions. Finance cannot be rescued by simply referring to ethics or limiting the remuneration of managers. This book is unique in that it covers both the American and the European crisis. "The book provides a sharp analysis of what went wrong with Finance and led to the great crisis, and shows the ...