Giovanni Ossola

Hadronic mass and q2 moments of charmless semileptonic B decay distributions

We report OPE predictions for hadronic mass and q^2 moments in inclusive semileptonic B decays without charm, taking into account experimental cuts on the charged lepton energy and on the hadronic invariant mass, and address the related theoretical uncertainty.

Cyber Risk: The New Enemy for Risk Management in the Age of Globalisation

The present paper is a theoretical study on the topic of cyber risk and cyber risk management. This research represents the first step of a far deeper analysis on this topic that aims at underlining the main characteristics of cyber risk, delineating future developments in managing it and strengthening the importance of sharing information and creating a shared knowledge between countries. Good situational awareness and cyber risk analytics are vital in helping firms identify weaknesses, rank threat scenarios, identify countermeasures and set priorities for intelligence gathering. There emerges the need to improve the traditional risk management process, by considering the necessity to manage not only risks, but also uncertainties, by implementing Business Continuity Management systems with the aim to build business resilience. To do that, one possible solution might be represented by the intervention of gov-ernments with laws and frameworks that might help companies fight cyber threats.

Loan growth and interest income of Italian listed banks: a multivariate analysis

This study focuses on the relationship between gross loans and the related reserves for impaired loans of the banks listed on the Italian Stock Exchange between 2005 and 2014. In our empirical research, we analysed the trend of those items and we also concentrated on the impact of net loans on total assets. Afterwards we monitored the correlation between loan growth, bank solvency, loan losses and the interest income of each bank in order to analyse the impact on the profitability of the banks and evaluate the effects of a specific loan policy. Finally, we concentrated on the multivariate linear regression whose dependent variable is the variation of the interest income between 2013 and 2014. Our research raises important issues on the necessary policy supervision in terms of risk management because, thanks to our analysis, we underline the strategic role of loan growth and its impact on the economic profitability of Italian listed banks.