Private and corporate banking - MODULO I (2014/2015)

Course code
4S01773
Name of lecturer
Emanuele Maria Carluccio
Number of ECTS credits allocated
6
Academic sector
SECS-P/11 - FINANCIAL MARKETS AND INSTITUTIONS
Language of instruction
Italian
Location
VERONA
Period
secondo semestre dal Feb 19, 2015 al May 29, 2015.

To show the organization of the course that includes this module, follow this link * Course organization

Lesson timetable

Learning outcomes

The course proposes itself as a deepening of topics already briefly studied in previous courses on Economics of Banking Institutions and Economics of Financial Markets. The course thus analyses the main issues related to private and corporate banking. The course is then split into two parts: the first analyses private banking, the second relates to corporate banking. In the former, advisory services for financial instruments offered to retail investors are investigated, in the latter structured finance operations are explored.

Syllabus

PRIVATE BANKING
1. Advisory activity
2. Strategic asset allocation theory
3. The main limits of models à la Markowitz and possible corrections
4. The risk profile of clients and the selection of the optimal portfolio
5. From benchmark to multimanager portfolios
6. The risk/return profile of the portfolio
7. Performance assessment


CORPORATE BANKING
9. Venture capital and private equity
10. The role of mutual funds in the private equity industry
11. Leveraged-buy-out
12. Other corporate and investment banking services


Textbooks
Attending students: selected material provided by the teacher.

Non attending students:
BASILE I., FERRARI P. (eds.), Asset management e investitori istituzionali, Pearson, 2013, chapters: 3, 4, 5, 6, 7, 8.
CONCA V. (eds.), Le acquisizioni. Valutare e gestire i processi di crescita, Egea, 2010, chapters: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 15, 16.

Assessment methods and criteria

Written test.