What’s in a name-change?

The Capitalia group is on the way to completing a credit risk management revolution, as Gianluca Oricchio, head of the internal credit ratings and capital management units of Capitalia’s finance department, explains. By Matthew Crabbe

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The creation of Capitalia in July 2002 had to be more than a superficial exercisein rebranding. This was to be the single most important chapter in the long andoften tortuous restructuring of the Italian banking industry. The new holdingcompany for retail and commercial banks Banca di Roma, Banca di Sicilia, Bipopand Fineco Group and investment bank MCC (the old MedioCredito Centrale) wasgoing to be an entirely new bank. Above all, the transformation rested on theability of new management to

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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