Audit, Compliance & Risk Management
Via Bocconi 8, room 232
Tel.+39 02 5836.6105 Fax.02-5836.6893
Curriculum Vitae
Giampaolo Gabbi is Professor of Practice of Risk Management and he is Director of Financial Institution Custom Programs - Financial Institutions.
At SDA Bocconi, he directed the Financial Institutions and Insurance Department from 2013 to 2016 and in 2017 he was Banking and Insurance Faculty Deputy. He has directed programs for senior executives in several banks and other financial firms. He is Program Director of the courses Operational Risk Management and of Capital Management for Banks. He conducted numerous research, training and consulting projects with the most relevant players of the banking and insurance industry. He frequently manages board inductions on risk and regulatory issues.
He taught in a few Italian and European universities, including the University of Siena, Parma and City London.
His research activities focus on risk management, financial investments and banking regulation. His current research addresses three main questions. The first is the impact of risk measurement models on the effectiveness of internal control systems. The second focuses on the role of the chief risk officers (CRO) on the internal governance of financial institutions. The third aims at determining the drivers and the early warning systems of the systemic risk within the financial system.
He is the author of numerous books and articles on the subject. His works have been published in Journal of Economic Dynamics and Control, PlosOne, European Financial Management, Nature Scientific Reports, European Journal of Finance, Journal of Financial Regulation and Compliance, Journal of International Financial Markets and Institutions & Money, among others. He won numerous teaching and research awards, including the 2009 International Business & Economy Conference. Best paper award. He is a member of the Italian Risk Management Associations (AIFIRM) and he is chair of the Scientific Board of their Risk Management Magazine; he is Risk management Department Editor of the Journal issued by the Italian Finance Society (ADEIMF).
Giampaolo earned an MSc in Economics and Management from Parma University and a Ph.D. in Management from Bocconi University.
Books
- 2020. Il credito e la crescita. Banche e Finanza per le imprese (con S. Caselli), EGEA Milano
- Capitali e imprese (con S. Caselli), Corriere della Sera, Milano
- 2013. Good News, Bad News: a Proposal to Rethink and to Measure Banks' Reputation (with V. Farina and D. Previati), Palgrave Macmillan, forthcoming
- 2013. La gestione del rischio negli intermediari finanziari, la funzione del Chief Risk Officer e il contributo allo sviluppo economico, Il Mulino Bologna.
- 2013. L’evoluzione delle norme e delle best practice in materia di internal governance bancaria (con P. Schwizer); Il ruolo del CRO e il sistema di gestione dei rischi; . I risultati: la funzione risk management e il ruolo strategico del CRO in P. Schwizer (a cura di), Internal Governance. Nuove regole, esperienze e best practice per l’organizzazione dei controlli interni nelle banche, EGEA, Milano
- 2013. Relationship Lending. Le informazioni qualitative nel processo del credito, (a cura di G. Gabbi e M. Matthias), EGEA, Milano
- 2011. Regulating Short Selling. The European Framework(s) and the Regulatory Arbitrages (con P. Giovinazzo), in G. Gregoriou (ed.), Short Selling Handbook, Elsevier, New York
- 2010. The model risk in credit management processes, con G. De Laurentis, in Gregoriou – Hoppe - Wehn (eds.) Model Risk Evaluation Handbook, McGraw Hill, New York
- 2009. Operational Risk Vs. Capital Requirements under New Italian Banking Capital Regulation: Are Small Banks Penalized? A Clinical Study, con S. Cosma e G. Salvatori, in Operational Risk toward Basel III, Wiley & Sons, New York
- 2009. The Black and Litterman optimization framework with higher moments: the case of hedge funds, con R. Renò e A. Limone, in Stock Market Volatility, Chapman & Hall/CRC, Boca Raton, USA
- 2009. Alternative Investments Encyclopaedia, Chapman & Hall/CRC, Boca Raton, USA
- 2009. Reputation, Corporate Governance and Ethical Choices, in S. Capece (a cura di)
- 2009, Ethical choices in economics, society and the environment, Luiss University Press, Roma
- 2009. La term structure, in G. Gandolfi (ed), Scelta e gestione degli investimenti finanziari, Bancaria editrice, Roma
- 2008. Servizi di family office e soluzioni organizzative: le implicazioni per l’offerta bancaria, con S. Capece, in C. Devecchi – G. Fraquelli (a cura di), Dinamiche di sviluppo e internazionalizzazione del family business, Il Mulino, Bologna
- 2007. Climate Variables And Weather Derivatives. Gas Demand, Temperature and Seasonality Effect, con G. Zanotti, in Weather, Energy & Environmental Hedging: An Introduction, ICFAI University Press, Hyderabad, India
- 2007. Short-Term Interest Rates Volatility and Liquidity Risk, co C. Caglio e G. Zanotti, in Stock Market Liquidity, Wiley & Sons, New York
- 2007. I modelli previsionali nell’attività di private banking, in P. Musile Tanzi (a cura di), Manuale del Private Banker, V edizione, EGEA, Milano
- 2006. International Mutual Fund Returns and Monetary Policy, in International Mutual Funds, Palgrave-Macmillan, New York
- 2006. Correlation Breakdowns in Asset Management, in Risk and Portfolio Management, Palgrave-Macmillan, New York
- GABBI, G., E.TICCI, P.VOZZELLA, "The transmission channels between the financial and the real sectors in Italy and the crisis" in E. Hein, D. Detzer, N. Dodig, Financialisation and the Financial and Economic Crises: Country Studies., Edward Elgar Publishing, 2016
- GABBI, G., A.KALBASKA, A.VERCELLI, "The role of incentives for the great recession: Securitization and contagion" in E. Hein, D. Detzer, N. Dodig, The Demise of Finance-dominated Capitalism: Explaining the Financial and Economic Crises., Edward Elgar Publishing, 2015
- GABBI, G., A.SIRONI, "Regulating Core and Non-Core Banking Activities. The Unanswered Question" in F. L. Calciano, F. Fiordelisi,? G. Scarano, The Restructuring of Banks and Financial Systems in the Euro Area and the Financing of SMEs., Springer, 2015
Articles
- 2020. Market microstructure, banks' behaviour and interbank spreads. Evidence after the crisis (with Iori, Germano, Kapar) Journal of Economic Interaction and Coordination, January
- 2020. Does face-to-face contact matter? Evidence on loan pricing (with with Matthias, M., Giammarino, M., Monferrà S., Sampagnaro G.) European Journal of Finance, forthcoming
- Credit Risk Migration and Economic Cycles, (with C. Ferretti, P. Ganugi, F. Sist, P. Vozzella), Risks, vol. 7.
- 2019. Modelling hard and soft facts for SMEs. Some international evidence. (with Matthias, M., Giammarino, M.) Journal of International Financial Management & Accounting, vol. 30, n. 3
- 2019. Do the Most Financialised Countries Export Unsustainability? Evidence within the Mediterranean Area (with F. Ruzzenenti, P. Vozzella), Sustainability
- 2019. Controlling risks to ensure financial stability and reducing volatility (with R. Levich). Journal of International Financial Management & Accounting vol. 30, n. 3
- 2019. Le variabili qualitative e il rischio di credito. Un’applicazione alle Pmi italiane (con M. Giammarino, M. Matthias) Bancaria 1, 32-47
- 2017. Risks, Deviations from Efficiency, and Financial Regulation: A Foreword (with O. Roggi), in Journal of Financial Management, Markets and Institutions, 2.
- 2016. Rating Trajectories and Credit Risk Migration: Evidence for SMEs (with C. Ferretti, P. Ganugi, P. Vozzella), Quaderno n. 115, Dipartimento di Scienze Economiche e Sociali Università Cattolica
- 2013. Managing Compliance Risk after MiFID (with P. Musile Tanzi, D. Previati, P. Schwizer), Journal of Financial Regulation and Compliance, vol. 21, Issue1, 51 – 68
- 2013. Bodnar, G. M., Consolandi, C., Gabbi, G., Jaiswal-Dale, A., Risk Management for Italian Non-Financial Firms: Currency and Interest Rate Exposure, European Financial Management, volume 19, issue 5, pp. 887-910
- 2013, Aprile. Delpini, D., Battiston, S., Riccaboni, M., Gabbi, G., Pammolli, F., Caldarelli, G., Evolution of Controllability in Interbank Networks, Scientific Report, volume 3, number article 1626
- 2012. Gabbi, G., Vozzella, P., Asset correlation and bank capital adequacy, European journal of finance
- 2011. Gabbi, G., Musile Tanzi, P., Nadotti, L., Firm size and compliance costs asymemetries in the investment services, Journal of financial regulation and compliance, volume 19, issue 1, pp. 58-74
- 2010. Gabbi, G., Musile Tanzi, P., Previati, D., Schwizer, P., Compliance function in banks, investment insurance compagnie after MiFID, Journal of financial transformation, issue 30
- 2010. Gabbi, G., Zanotti, G., Hedging with Futures: Efficacy of GARCH Correlation Models in the European Electricity Markets, Journal of International Financial Markets, Institutions & Money
- 2010. Gabbi, G., Il risk management nel leasing, factoring e credito al consumo, in Economia & Management, issue 1
- 2009. Cosma, S., Gabbi, G., Salvadori, G., Rischi operativi e piccole banche: the black swan, Bancaria, issue 3
- 2008. Gabbi, G., The Microstructure of the Italian Overnight Money Market, Journal of Economic Dynamics and Control, issue 1
- 2008. Gabbi, G., Musile Tanzi, P., Compliance Risk in the Evolution of the Investment Services: An Empirical Study, Politeia, issue 89
- 2008. Gabbi, G., Maino, R., Resti, A., Serata, E., Il rischio di concentrazione bancario: vigilanza, misurazione e gestione, Economia & Management, issue 3
- 2007. Gabbi, G., La specificità del rischio nel wealth management, Economia & Management, issue 5
- 2006. Bramante, R., Gabbi, G., Are Market Crashes Predictable? An Empirical Evidence, Finanza Marketing e Produzione n. 242006. Portfolio Optimisation under changing risk via time-varying beta, Managerial Finance, issue 4
- 2005. Gabbi, G., Semi-Correlations as a Tool for Geographical and Industrial Asset Allocation, European Journal of Finance, issue 11
- 2005. Gabbi, G., Sironi, A., Which factors affect corporate bonds pricing? Empirical evidence from eurobonds primary market spreads, European Journal of Finance, issue 4
- GABBI, G., G.ZANOTTI, "Sex & the City. Are financial decisions driven by emotions?", Journal of Behavioral and Experimental Finance, 2018
- GABBI, G., V.ZLATIC, H.ABRAHAM, "Reduction of systemic risk by means of Pigouvian taxation", Plos One, 2015
- GABBI, G., G.IORI, M.POLITI, G.GERMANO, "Banks' Strategies and Cost of Money: Effects of the Financial Crisis on the European Electronic Overnight Interbank Market", Financial Management, 2015
- GABBI, G., F.RUZZENENTI, A.JOSEPH, E.TICCI, P.VOZZELLA, "Interactions between financial and environmental networks in OECD countries", Plos One, 2015
- GABBI, G., A.SIRONI, "Breaking up the bank: alternative proposals to separate banking activities", Rivista Di Politica Economica, 2014
- FARINA, V., G.GABBI, D.PREVIATI, "Buone notizie, cattive notizie: come misurare la reputazione delle banche utilizzando Twitter", Bancaria, 2014
- GABBI, G., R.PISANI, S.COSMA, "Gli impatti attesi di Solvency 2: the perfect storm?", Bancaria, 2014
- GABBI, G., R.PISANI, S.COSMA, "Solvency 2: l'impatto sui processi organizzativi e sull'information technology nell'industria assicurativa", Bancaria, 2014
- GABBI, G., G.GERMANO, V.HATZOPOULOS, G.IORI, M.POLITI - "Market microstructure-banks' behaviour-and interbank spreads" - 2014