Economia degli intermediari finanziari - Economia e gestione della banca - Economia del mercato mobiliare

The course is related to the mesurement and management of risks involved in Financial intermediaries' activities.

1. Understand the meaning of risk. 2. Understand the role and purpose of risk management. 3. Understand the core elements of the risk management process. 4. Understand the different categories of risk. 5. Understand current trends in risk management. 6. Understand the position of insurance within risk management. 7. Understand the key risk management lessons learnt from major loss events.

Lectures, Research groupworks, Class discussions.

Teaching methods may vary as a result of social distancing measures arising from the emergency Covid-19

Oral exam

The exams will be held in oral form (with the possibility of short exercises and multiple choice questions) on line via windows teams platform according to the instructions provided by DR 197/2020. Further information if necessary will be sent by e-mail to exam's participants.

The student who is disabled, and or DSA, which intends to make use of an individualized intervention for the conduct of the examination should contact the Disability Integration Office of University of Salento at paola.martino@unisalento.it

Introduction to the course

Definition of Risk

Financial institutions specialness

Depository institutions

Insurance companies

Types of risk

IR Risk. The Repricing model

IR Risk. The Duration model

Managing IRR using off balance sheet intruments

Managing IRR using loan sales and securitisation

Market risk

Individual loan risk

Loan portofolio and concentration risk

Liquidity risk

Liability and liquidity mangement

Off-balance-sheet activities 1

Off-balance-sheet activities 2

Technology and other operational risks

Capital management and adequacy

Anthony Saunders, Marcia Millon Cornett - Financial Institutions Management. A Risk Management Approach - McGraw-Hill

McGraw Hill

Chapters: 1,2,3,7,8,9,10,11,12,13,14,15,16,17,18,20,23,24,25,26,27.

Chapters are the same for non-attending students.