menu
close

Venue

Banco de España – Paseo del Prado, 2, 28014 Madrid, Spain

Format

Madrid

Date

Tuesday, October 30, 2018

In cooperation with

Programme

Program

Time
Tuesday, 30 October 2018
08:30
Registration
09:00
Opening remarks
Pablo Hernández de Cos, Governor, Banco de España
09:15
Keynote speech I

Trends and Cycles in Financial Intermediation

Philip Lane, Governor, Central Bank of Ireland

 

10:00
Session 1: Financial disintermediation and the role of monetary policy and financial regulation

Making room for the needy: the credit-reallocation effects of the ECB’s corporate QE

Óscar Arce, Director General Economics, Statistics and Research, Banco de España

Bank capital (requirements) and credit supply: evidence from pillar 2 decisions

Steven Ongena, Professor, University of Zurich
Chair: Thomas Vlassopoulos, Head of the Monetary Analysis Division, DG Monetary Policy, ECB

Banks vs markets

Leonardo Gambacorta, Research Adviser, Monetary and Economic Department, BIS
11:30
Coffee break
11:45
Keynote speech: Bank-Based vs Market-Based Financial Systems
12:00
Session 2: FinTech and the future of the banking sector

Future scenarios for financial services

Javier Sebastián, Principal Economist, Digital Regulation and Trends, BBVA Research

Financial technology, regulation and the transformation of banking

David T. Llewellyn, Professor, Loughborough University and SUERF Council Member
Chair: Patricia Jackson, Non-executive Director, Atom Bank and SUERF Council Member

P2P lenders versus banks: cream skimming or bottom fishing?

Loriana Pelizzon, Professor, Goethe University Frankfurt
13:30
Lunch
14:30
Keynote speech II
Chair: Roberto Blanco, Head of Division, Banco de España and SUERF Council Member

Credit booms and crises: the role of information

Luc Laeven, Director-General of the Research Department, ECB
15:15
Policy panel on Capital Markets Union

Financial fragmentation & Brexit

Andrea Enria, Chairperson, EBA
Nathalie de Basaldúa, Deputy Head of Cabinet to Vice President Katainen, European Commission
Chair: Michala Marcussen, Group Chief Economist, Société Générale and SUERF Council Member

Completing the banking union and implications for CMU

Nicolas Véron, Fellow, Bruegel and Visting Fellow, Peterson Institute for International Economics

Capital markets union: focus on SMEs

Rodrigo Buenaventura, Director General for Markets, CNMV
17:00
Concluding remarks
Jakob De Haan, SUERF President and Head of Research, De Nederlandsche Bank