Even though it’s a long time since the digital revolution back in 2002, when humanity began storing more information in digital than in analogue format, the challenges of digitalisation to the banking sector seem to be everywhere. That is because digital applications are increasingly becoming mass phenomena in our everyday lives. This changes consumer demand and rearranges the value chain of financial intermediation.
There is indeed some very recent evidence to show that better-managed Italian firms have been able to adjust their organisational processes and activities more rapidly, thus containing the economic losses caused by the pandemic. •  I would finally observe that drawing policy implications in the field of corporate governance is very difficult.