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La gestione del capitale nelle banche e l' utilizzo degli strumenti innovativi di patrimonializzazione: un' analisi comparata internazionale

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  • Pierpaolo Ferrari

    (Università degli Studi di Brescia, Dipartimento di Economia Aziendale, Brescia)

Abstract

During the course of the last few years, major international banks have increasingly resorted to using non-traditional capital instruments to expand their own regulatory capital and thus increase the volume of total assets and/or level of risk. This paper begins by comparing the features of the different forms of non-traditional capital instruments usable by banks. It then presents the results of an empirical analysis which illustrates how major banks of leading industrialised countries effectively use these different instruments and the capital management choices they make.

Suggested Citation

  • Pierpaolo Ferrari, 2004. "La gestione del capitale nelle banche e l' utilizzo degli strumenti innovativi di patrimonializzazione: un' analisi comparata internazionale," Moneta e Credito, Economia civile, vol. 57(225), pages 31-76.
    • Handle: RePEc:psl:moneta:2004:12
    as

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    File URL: http://ojs.uniroma1.it/index.php/monetaecredito/article/view/9761/9644
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    References listed on IDEAS

    as
    1. M.J.B. Hall, 1996. "The amendment to the capital accord to incorporate market risk," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 49(197), pages 271-277.
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    6. Sironi, Andrea, 2002. "Strengthening banks' market discipline and leveling the playing field: Are the two compatible?," Journal of Banking & Finance, Elsevier, vol. 26(5), pages 1065-1091, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Bank;

    JEL classification:

    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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