Alessandro Carretta is a Full Professor of Economics and Management of Financial Intermediation at the University of Rome Tor Vergata, Italy. He has been teaching banking and finance for more than 35 years, formerly at the Universities of Urbino, Lecce and Milan Bocconi, Italy. His main research interests relate to banking management, focusing on banking groups and diversification, regulation and control, corporate governance, and culture and organizational change in banks. Franco Fiordelisi holds a chair in Banking and Finance at the University of Rome III, Italy. He is also a part-time Professor of Finance at Middlesex Business School in London, UK, and senior affiliated Faculty Member at the Bocconi Business School in Milan, Italy. Franco’s work has been published in international academic journals such as the Journal of Financial and Quantitative Analysis, Review of Finance, Journal of Corporate Finance, and Journal of Banking and Finance. He is currently associate editor of the European Journal of Finance. Paola Schwizer is a Full Professor of Financial Markets and Institutions at the University of Parma, Italy, where she teaches risk management and value creation in banks and financial markets and institutions. She is Professor at the SDA Bocconi School of Management, Italy, and President of Nedcommunity, the Italian Association of non-executive and independent directors and a member of the board of directors of ecoDa, the European Confederation of Directors' Associations in Brussels, Belgium. Paola is also a member of the editorial board of the Journal of Management and Governance.