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Note a margine di un saggio di Montanaro e Tonveronachi

Author

Listed:
  • Salvatore Maccarone

Abstract

The author comments on Montanaro and Tonveronachi (2017) by focusing on the concept of public interest in the procedures of bank resolution. Public interest must be considered in relation to the activities that each bank performs, as well as the impact that a liquidation of a bank would have on the area in which the bank operates. From the point of view of the possibility to replace a specific bank’s role and activities in a certain area, a new banking function emerges, that of intermediation in payments and settlement, which is probably even more important than lending and the collection of savings.

Suggested Citation

  • Salvatore Maccarone, 2018. "Note a margine di un saggio di Montanaro e Tonveronachi," Moneta e Credito, Economia civile, vol. 71(282), pages 139-144.
    • Handle: RePEc:psl:moneta:2018:24
    as

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    File URL: https://ojs.uniroma1.it/index.php/monetaecredito/article/view/14368/14069
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    References listed on IDEAS

    as
    1. Elisabetta Montanaro & Mario Tonveronachi, 2017. "Dealing with the vulnerability of the Italian banking system," PSL Quarterly Review, Economia civile, vol. 70(283), pages 357-420.
    2. Elisabetta Montanaro & Mario Tonveronachi, 2017. "Vulnerabilita' del sistema bancario italiano. Diagnosi e rimedi (Dealing with the vulnerability of the Italian banking system)," Moneta e Credito, Economia civile, vol. 70(280), pages 299-368.
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    More about this item

    Keywords

    banks; resolution; public interest;
    All these keywords.

    JEL classification:

    • 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
    • H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts

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