ANDREA SIRONI

ANDREA SIRONI
Full Professor
Department of Finance

Personal page


Courses a.y. 2014/2015

20163 GESTIONE DEI RISCHI E VALORE NELLE BANCHE E NELLE ASSICURAZIONI / RISK MANAGEMENT AND VALUE IN BANKING AND INSURANCE


Biographical note

Born May 13th, 1964. Degree in Economics from Università Bocconi.


Academic CV

Full Professor of Finance. Rector of Università Bocconi since October 2012. Vice-Rector for International Affairs from 2005 to 2008. Dean of the Graduate School from 2004 to 2005. January-July 2000: Visiting Professor at the Division of Research and Statistics of the Federal Reserve Board, Washington. January-July 1993: Visiting Scholar at the Department of Finance, Stern School of Business, New York. 1989-1990: Financial Analyst, The Chase Manhattan Bank, London.


Research areas

Risk management and capital allocation in banks. International financial markets. Financial risk management. International banking regulation and supervision.


Selected publications

Iannotta G., Nocera G. and Sironi A. (2013), "The Impact of Government Ownership on Bank Risk", Journal of Financial Intermediation, 22, 152-176;
Resti A. and Sironi A. (2009), "What's different about loans? An analysis of the risk structure of credit spreads", International Journal of Banking Accounting Auditing and Finance, V.2, N. 2;
Iannotta G., Nocera G. and A. Sironi (2007), "Ownership structure, risk, and performance in the European banking industry, Journal of Banking and Finance;
Resti A. and Sironi A. (2007), Risk Management and Shareholders Value in Banking, John Wiley, New York.

Resti A. and Sironi A. (2007), “The risk-weights in the New Basel Capital Accord: Lessons from bond spreads based on a simple structural model”, Journal of Financial Intermediation;

Altman E., Resti A. and Sironi A. (2005), Loss Given Default: the next Challenge in Credit Risk Management, Risk Books;

Altman E., Resti A. and Sironi A. (2005), “The Link Between Default and Recovery Rates: Theory, Empirical Evidence and Implications”, Journal of Business;

Altman E., Resti A. and Sironi A. (2005), "Default Recovery Rates in Credit Risk Modeling: A Review of the Literature and Empirical Evidence", Journal of Finance Literature;

Gabbi G. and Sironi A. (2005), "Which Factors Affect Corporate Bonds Pricing: Empirical Evidence from Eurobonds Primary Market Spreads", European Journal of Finance;

Altman E., Resti A. and Sironi A. (2004), "Default Recovery Rates in Credit RiskModelling: A Review of the Literature and Empirical Evidence", Economic Notes;

Sironi A. and Zazzara C. (2004), “Applying Credit Risk Models to Deposit Insurance Pricing: Empirical Evidence from the Italian Banking System”, Journal of International Banking Regulation;

Sironi A. (2003), "Testing for Market Discipline in the European Banking Industry: Evidence from Subordinated Debt Issues", Journal of Money, Credit and Banking;

Sironi A. and Zazzara C. (2003),  "The New Basel Accord: Implications for Italian Banks", with Cristiano Zazzara, Review of Financial Economics;

Sironi A. (2002),  “Strengthening Banks’ Market Discipline and Levelling the Playing Field: Are the Two Compatible?", Journal of Banking and Finance;

Sironi A. (2001),  "An Analysis of European Banks Subordinated Debt Issues and Its Implications for a Mandatory Subordinated Debt Policy", Journal of Financial Services Research.