ANDREA SIRONI

ANDREA SIRONI
Full Professor
Department of Finance

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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

Andrea Sironi is Professor of Banking and Finance at Bocconi University in Milan. Since October 2012 he is Rector of the University. He has previously been Dean of the Graduate School, Dean for International Affairs, Director of the Research Division of the School of Management (SDA), Director of the MSc in Finance, and Director of the Master in Risk Management. Since December 2014 he is Chairman of CEMS, the Global Alliance in Management Education.
He has held visiting positions at the Research and Statistics Department of the Federal Reserve Board of Governors in Washington, and at the Salomon Brothers Center, Stern School of Business (NYU), New York. At the beginning of his career, he has been a financial analyst at The Chase Manhattan Bank in London.
Professor Sironi research interests include Financial Risk Management and International Banking Supervision. He has published and edited many books and papers in international refereed journals on these subjects.
Professor Sironi is married and has three children.


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.