Copyright (c) 2009 All rights reserved. http://works.bepress.com/arturo_patarnello Recent documents in Arturo Patarnello en-us Sun, 31 May 2009 03:37:04 PDT 3600 http://works.bepress.com/arturo_patarnello/14 http://works.bepress.com/arturo_patarnello/14 Mon, 25 Aug 2008 03:17:58 PDT The essay analyses the effects on the bank's cash management deriving from the specialisation project of the Italian settlement system into two sectors - retail and wholesale. The effects on liquidity are analized from the point of view of the risks generated on the short-term management of bank's liquidity by the employment of real-time gross settlement systems or RTGS; this organisational solution of the settlement system in all the financial systems was defined in the 90's as the most appropriate to deal with the risks related to wholesale settlements Arturo Patarnello http://works.bepress.com/arturo_patarnello/13 http://works.bepress.com/arturo_patarnello/13 Mon, 25 Aug 2008 03:16:52 PDT The article studies outsourcing solutions for some activities in the banking industry and the advantages offered by outsourcing in the provision of services and processes, specifically transferring them to societies and structures emerging from different banking categories (particularly, banche popolari and cooperative banks in a phase marked by merger processes of Italian banks and a general reorganisation of the intermediation Arturo Patarnello http://works.bepress.com/arturo_patarnello/12 http://works.bepress.com/arturo_patarnello/12 Mon, 25 Aug 2008 03:15:19 PDT The article describes how the new real-time wholesale settlements work and the reasons behind their adoption in all the advanced banking systems; it reports also how the Italian real-time procedure (BI-RE) works and the participation arrangements of the Italian banks to the real-time settlement systems. Arturo Patarnello http://works.bepress.com/arturo_patarnello/11 http://works.bepress.com/arturo_patarnello/11 Mon, 25 Aug 2008 03:12:52 PDT The book describes the structure and operating conditions of financial sytems, with particolar emphasis on the mechanisms of division of labour among financial institutions and the main functions of intermediaries and markets. It analyzes the economical and risk characteristcs of financial instruments and the functions assigned to the banks and to the other main intermediaries. It examines separately operations and services addressed to the entreprises and private clients Arturo Patarnello http://works.bepress.com/arturo_patarnello/10 http://works.bepress.com/arturo_patarnello/10 Mon, 25 Aug 2008 03:10:16 PDT The chapter studies the innovation processes characterizing the banking industry and the market circuits in business financing; particolar emphasis is placed on the development of direct financing circuits, such as commercial paper, and on the capital supply through circuits different from stock markets, such as private equity and venture capital operations. Arturo Patarnello http://works.bepress.com/arturo_patarnello/9 http://works.bepress.com/arturo_patarnello/9 Mon, 25 Aug 2008 03:07:52 PDT The chapter examines development and perspectives of the Italian monetary system following some significant regulatory interventions which introduced in Italy as well a commercial paper market for enterprises; particolar emphasis is given to the opportunities for a more efficient arrangement of corporate financial structure offered by the articulation of monetary market instruments, different from those proposed by banks Arturo Patarnello http://works.bepress.com/arturo_patarnello/8 http://works.bepress.com/arturo_patarnello/8 Mon, 25 Aug 2008 03:05:48 PDT The scheduling of regulations regarding the transformation of the legal status of intermediaries is a significant drive for the articulation of the financial system and competition in banking markets; the article examines the opportunities and major problems raised by the transformation processes and by the acquisition of the banking status by non-banks intermediaries (particularly investment firms and financial corporations specialized in leasing and factoring). Arturo Patarnello http://works.bepress.com/arturo_patarnello/7 http://works.bepress.com/arturo_patarnello/7 Mon, 25 Aug 2008 03:03:42 PDT The article describes the modernisation process of the Italian payment system in the 90's, set by the need to improve the efficiency of payment services offered by the banks. It traces the specialisation project of the Italian banking system that prefigures, as other systems do, different procedures for detail and wholesale payments. Arturo Patarnello http://works.bepress.com/arturo_patarnello/6 http://works.bepress.com/arturo_patarnello/6 Mon, 25 Aug 2008 03:00:48 PDT The chapter analyses from the point of view of marketing the main needs expressed by enterprises of different size towards the banking system, in a phase marked by a significant innovation process of financial markets and financing instruments; it offers a mapping of the different operations and services to enterprises from the point of view of their financial assistance and an analysis of the answers offered by the banking system. Arturo Patarnello http://works.bepress.com/arturo_patarnello/5 http://works.bepress.com/arturo_patarnello/5 Mon, 25 Aug 2008 02:58:50 PDT The article discusses the trade policies of the intermediaries on retail banking market, through the analysis of the different trends in the offer of instruments and opportunities allowed by the pricing rules and strategies; the research, that includes also questionnaires sent to the banks, falls into a more general analysis, proposed by the entire collection of papers, focused both on macroeconomic profiles and on supervision activities of bank's funding Arturo Patarnello