The new reality: banking after the end of “low for long”

Fifth ECB Forum on Banking Supervision 2023 - Fifth ECB Forum on Banking Supervision 2023
The new reality: banking after the end of “low for long”
Banks have shown resilience during recent crises, but will that last? As both customer behaviour and economic conditions change, banks will need to adapt to the new environment while also tackling emerging and unforeseen challenges. If banks stick to their old ways, will they be prepared to address new risks? To what extent will banking resilience depend on large-scale countercyclical policies by the official sector?
Panellists:
Claudio Borio, Head of the Monetary and Economic Department, Bank for International Settlements
Elena Carletti, Professor of Finance, Bocconi University and Member of the Board of Directors, UniCredit S.p.A.
Stuart Graham, Partner and Head of Banks Strategy, Autonomous Research
Jean Pierre Mustier, Chairman of the Supervisory Board, Aareal Bank
Steven van Rijswijk, Chief Executive Officer, ING Group
Moderator: Maria Tadeo, Europe Correspondent, Bloomberg
www.bankingsupervision.europa...