Tomorrow’s banking: navigating change

Moderator: Maria Tadeo, Europe reporter, Bloomberg News

What is Andrea Enria’s vision for banks under European banking supervision? The Chair of the Supervisory Board will share his views on the opportunities and challenges that lie ahead.

Panellists:

• Ana Botín, Group Executive Chairman of Banco Santander, S.A. and President of the European Banking Federation
• Elizabeth McCaul, Member of the Supervisory Board of the European Central Bank
• David Teitelbaum, Head of European Advisory Offices and Head of Global FIG Advisory, Cerberus
• Nicolas Véron, Senior Fellow, Bruegel and Peterson Institute for International Economics

Moderator: Patrick Jenkins, Deputy Editor, Financial Times

Public support measures and crisis response policies kept bankruptcies at bay during the coronavirus (COVID-19) pandemic. But there is still no clarity about the longer-term impact of the COVID-19 crisis on the credit quality of banks’ loan portfolios. Is today’s credit risk management adequate to deal with tomorrow’s challenges? Are investors confident that the worst is behind us? Have supervisors monitored banks closely enough or is there another shoe to drop?

“Bank regulation – moving beyond the post-financial crisis agenda” – pre-recorded speech by Mairead McGuinness

Commissioner for Financial Stability, Financial Services and Capital Markets Union, European Commission

Panellists:

• Sarah Breeden, Executive Director, UK Deposit Takers Supervision, Bank of England
• Frank Elderson, Vice-Chair of the Supervisory Board of the European Central Bank
• Sonja Gibbs, Managing Director and Head of Sustainable Finance, Institute of International Finance
• Isabelle Mateos y Lago, Managing Director and Global Head of the Official Institutions Group, BlackRock

Moderator: Irene Heemskerk, Head of the climate change centre, European Central Bank

Climate-related risks are material and banks and supervisors need to address them. Where do we stand in tackling climate change concerns? Have banks bolstered their analytical capabilities and tailored their strategies and frameworks to the new reality? Is addressing climate risks more of a benefit or a cost to the banking sector?

Panellists:

• John Berrigan, Director-General for Financial Stability, Financial Services and Capital Markets Union, European Commission
• José Manuel Campa, Chair, European Banking Authority
• David Livingstone, Chief Executive Officer for Europe, Middle East and Africa, Citi
• Jean Pierre Mustier, Operating Partner and Sponsor, Pegasus Europe

Moderator: Silvia Amaro, Correspondent, CNBC

The banking union helped transform the European banking sector from a shock amplifier into a shock absorber. But has this been enough? The COVID-19 crisis has led to further fragmentation, despite the strong European response. Is there momentum to take the next steps towards greater integration? What are the prospects of a European deposit guarantee scheme? How can the crisis management framework support cross-border banking and home-host cooperation?