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Fastering productivity and cost reduction: a must for Italian banks

Author

Listed:
  • Giancarlo Durante

    (Direttore centrale ABI)

  • Giuseppe Mussari

    (Presidente ABI)

  • Luigi Prosperetti

    (Università di Milano)

  • Roberto Santarelli

    (Direttore generale Federmeccanica)

  • Pietro Sella

    (Banca Sella Holding)

Abstract

The Italian banking sector has successfully faced the crisis and supported the economic and financial needs of the country but now it will have to adopt further measures aimed to stimulate productivity and efficiency, in line with European competitors. Rightsizing, redeployment and retraining represent the keywords

Suggested Citation

  • Giancarlo Durante & Giuseppe Mussari & Luigi Prosperetti & Roberto Santarelli & Pietro Sella, 2011. "Fastering productivity and cost reduction: a must for Italian banks," BANCARIA, Bancaria Editrice, vol. 5, pages 72-91, May.
  • Handle: RePEc:ban:bancar:v:05:y:2011:m:may:p:72-91
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    File URL: http://www.bancariaeditrice.it/prodotti/vedi/prodotto/id/2488/bancaria-n-5-2011
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    More about this item

    Keywords

    sistema bancario italiano; efficienza; ccnl;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions

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