Annual ECB Banking Supervision Research Conference

Registration and lunch

Welcome by Mario Quagliariello, European Central Bank

Opening session:
Banking supervision in a new economy

A conversation by Andrea Enria, Chair of the Supervisory Board of the ECB, with Luc Laeven, European Central Bank, Director General Research

Session 1

Session Chair: Klaus Düllmann, European Central Bank, D-SSR

Paper 1: Forward-Looking Provisions and the Economic Cycle: Credit Supply and Real Effects

José-Luis Peydro*, Imperial College London, ICREA-UPF-CREI-BSE, CEPR
together with Bernardo Morais, Federal Reserve Board, Gaizka Ormazabal, IESE Business School, CEPR, and ECGI, Monica Roa, Pennsylvania State University, and Miguel Sarmiento, Banco de la República Colombia

Discussant: Skander van den Heuvel, Federal Reserve Board

Paper 2: What are banks’ actual capital targets?

Cyril Couaillier*, European Central Bank

Discussant: Florian Heider, Goethe University Frankfurt and SAFE

Paper 3: Supervisory Policy Stimulus: Evidence from the Euro Area Dividend Recommendation

Ernest Dautovic*, European Central Bank
together with Leonardo Gambacorta, Bank for International Settlements, and Alessio Reghezza, European Central Bank and University of Genoa

Coffee break

Session 2

Session Chair: Philipp Hartmann, European Central Bank, DG-R

Paper 4: The Propagation of Cyberattacks through the Financial System: Evidence from an actual event

Antonis Kotidis*, Board of Governors of the Federal Reserve System
together with Stacey Schreft, Board of Governors of the Federal Reserve System and U.S. Treasury Office of Financial Research

Discussant: Jacob Gyntelberg, European Banking Authority

Paper 5: Voluntary support and ring-fencing in cross-border banks

Anatoli Segura*, Banca d’Italia and CEPR
together with Gyöngyi Loranth, University of Vienna and CEPR, and Jing Zeng, University of Bonn and CEPR

Discussant: Angela Maddaloni, European Central Bank

Paper 6: Determinants of credit risk provisioning in uncertain times– the role of bank conditions and accounting standards

Markus Behn*, European Central Bank
together with Cyril Couaillier, European Central Bank

Discussant: Harry Huizinga, Tilburg University

Reception and dinner (by invitation)

Dinner speech by Vítor Constâncio, President of the School Council of the Lisbon School of Economics and Management and former Vice-President of the ECB

Session 3

Session Chair: Thomas Broeng Jorgensen, European Central Bank, DG-SIB

Paper 7: Climate, Amenities and Banking: El Niño in the US

Filippo De Marco*, Bocconi University and CEPR
together with Nicola Limodio, Bocconi University and CEPR

Discussant: Alexander Popov, European Central Bank

Paper 8: Cultural Stereotypes of Multinational Banks

Orkun Saka*, City, University of London
together with Barry Eichengreen, UC Berkeley

Discussant: Eleonora Alabrese, University of Warwick

Coffee break

Session 4

Session Chair: Jérôme Henry, European Central Bank, DG-MF

Paper 9: Green Capital Requirements

Martin Oehmke*, London School of Economics and CEPR
together with Marcus Opp, Stockholm School of Economics and CEPR

Discussant: Jean-Edouard Colliard, HEC Paris

Paper 10: Climate stress tests, bank lending, and the transition to the carbon-neutral economy

Huyen Nguyen*, Halle Institute for Economic Research, Friedrich Schiller University Jena
together with Larissa Fuchs, University of Cologne, and Trang Nguyen and Klaus Schaeck, both University of Bristol

Discussant: Tristan Jourde, Banque de France

Keynote speech
“Glossy Green” Banks: The Disconnect Between European Banks’ Sustainability Reporting and Lending Activities

Mariassunta Giannetti, Stockholm School of Economics and CEPR

Lunch

Policy panel
“Banking Supervision and the Role of Banks in a Future Banking System – Opportunities and Challenges Ahead”

• Thorsten Beck, EUI Florence
• Stijn Claessens, Bank for International Settlements
• Michala Marcussen, Societe Generale
• Elizabeth McCaul, Supervisory Board of the ECB

Moderator: Isabella Bufacchi, Il Sole 24 Ore

Coffee break

Session 5

Session Chair: Andreas Beyer, European Central Bank, D-SSR

Paper 11: Domestic Climate Policy and Cross-Border Lending

Emanuela Benincasa*, SFI, University of Zurich
together with Gazi Kabaş, Tilburg University, and Steven Ongena, Swiss Finance Institute, University of Zurich, KU Leuven, NTNU Business School, CEPR

Discussant: Glenn Schepens, European Central Bank

Paper 12: Incomplete Coverage in Supervisory Cooperation and Cooperation Externalities

Wolf Wagner*, Rotterdam School of Management and CEPR
together with Thorsten Beck, European University Institute and CEPR, and Consuelo Silva-Buston, Pontificia Universidad Catolica de Chile

Discussant: David Marqués-Ibáñez, European Central Bank

Closing speech 

Kerstin af Jochnick, Member of the Supervisory Board of the ECB

End of conference