Claudio Scardovi Livres

This book discusses the most critical issues relating to the recovery of bad loans – a major problem that European banks urgently need to address and resolve. The book describes, in an innovative but also pragmatic way, the new approaches, techniques, and models for optimal management of non-performing loans (NPLs) and the maximization of their recovery value. Drawing on a rigorous academic background and the latest real-life experiences of major European banks, it details a novel means of dealing with NPLs based on velocity, the holistic use of tools and “accelerators”, and the active management of collaterals. Also, there is a specific focus on the smart use of “big data” and on the development of “bad banks”, at both the single bank and the system-wide level. Ultimately, credit workout is defined as a core capability for any competitive bank – and as a quite interesting business opportunity for independent, specialized “alpha” players.

The world has never be so rich - at least financially. And so unsustainable - economically, socially and environmentally. In fact, we are all living a " nemesis of wealth" (nealth), caused by our shortsighted choices of the past, just focused on ROE, NPV and shareholders' value. This " nealth" is now paying us back not only with loads of public debt, inflationary money and debased cryptocurrencies; but also with unbearable social discrimination, geopolitical tensions and wars and de-globalization; and - last but not least - with the ticking bomb of the climate change to come. If this is the legacy of our " intergenerational arbitrage" (theft?), what is the future for the Gen Z and of the many a to come? How can they manage and overcome all these unbearable burdens to regain the lost sustainability? A new definition of wealth, based on a more holistic " total sustainability" , is then required; and, correspondingly, new models to design, manage and value a targeted wealth creation that is relevant to many stakeholders. Never has been the challenge of change for the wealth management industry so critical, urgent and of the utmost importance.

The book explores the intricate relationship between banking and real estate, focusing on the associated risk/return trade-offs. It analyzes holistic and proactive strategies that banking best practices are implementing to effectively manage these challenges and prepare for evolving interrelations in the financial landscape.

Focusing on the challenges and opportunities presented by digital financial technology, this book provides a comprehensive guide to restructuring banks and financial institutions amid significant disruption. It highlights the unique hurdles traditional banks face while exploring strategies for embracing innovation and transformation. By analyzing the ongoing changes in the financial landscape, it offers insights into effectively managing restructuring efforts. This resource is valuable for bank managers, advisers, regulators, and students interested in navigating the evolving banking sector.

Focusing on the evolution of strategy, this book offers a fresh perspective on its historical context and practical applications in today's business environment. It emphasizes the significance of adapting strategic approaches to meet the challenges of a rapidly changing landscape, providing insights that are crucial for modern companies seeking to thrive.

Amidst the challenges of post-Covid recovery and climate change, global cities must innovate to foster wealth and wellbeing. The book explores how leveraging Big Data and AI can transform urban environments, making them greener, more inclusive, and resilient. It emphasizes the need for cities to integrate these technologies into their physical landscapes to navigate existential threats effectively and create sustainable futures.

This book analyzes the set of forces driving the global financial system toward a period of radical transformation and explores the transformational challenges that lie ahead for global and regional or local banks and other financial intermediaries.