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Eighth Annual International Banking Conference

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Cross-Border Banking: Regulatory Challenges

Cosponsored by the Federal Reserve Bank of Chicago and the World Bank.


 

The Federal Reserve Bank of Chicago and The World Bank hosted a conference on "Cross-Border Banking: Regulatory Challenges." The conference was held at the Federal Reserve Bank of Chicago beginning the morning of Thursday, October 6, and ending with dinner on Friday, October 7, 2005.

This was the eighth in a series of international banking conferences focusing on important current issues in global economics and finance sponsored by the Federal Reserve Bank of Chicago. These conferences feature internationally recognized speakers from different countries and are of interest to an international audience of financial industry practitioners, regulators, policymakers, and academics. This year's conference addressed the current landscape of cross-border bank activity, the resulting competitive implications, emerging challenges for prudential regulation (for example, host-home country issues), safety net concerns, failure resolution issues, and the future evolution of international banking.

10/06/05
9:30 AM
Cross-Border Banking: Introductory Remarks

Michael H. Moskow, President and Chief Executive Officer, Federal Reserve Bank of Chicago


10:00 AM
Session I: Survey of the Current Landscape

Moderator

Gerard Caprio, Jr., The World Bank



Europe - European Banking Integration: Don't Put the Cart before the Horse

Jean Dermine, INSEAD (France)

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Americas

Linda S. Goldberg, Federal Reserve Bank of New York



Asia

Stefan Hohl, Bank for International Settlements—Financial Stability Institute


Eli Remolona, Bank for International Settlements—Hong Kong



Discussant

Philipp Hartmann, European Central Bank


12:00 PM
Luncheon and Keynote Address

Moderator

Kenneth W. Dam, University of Chicago Law School



Speaker

Guillermo Ortiz, Governor, Banco de México


1:40 PM
Session II: Competitive Implications

Moderator

Silvina Vatnick, The World Bank



Speakers

Allen Berger, Board of Governors of the Federal Reserve System


Stijn Claessens, The World Bank


Alejandro Micco, Central Bank of Chile



Discussant

John H. Boyd, University of Minnesota


3:50 PM
Session III: Prudential Regulation Issues

Moderator

Cathy Lemieux, Federal Reserve Bank of Chicago



Speakers

Grzegorz Bielicki, National Bank of Poland


Patricia Jackson, Ernst and Young (London)


Giovanni Majnoni, The World Bank


Andrew Powell, Inter-American Development Bank and Universidad Torcuato Di Tella



Discussant

João A. C. Santos, Federal Reserve Bank of New York


6:30 PM
Dinner and Keynote Address

Moderator

Charles L. Evans, Senior Vice President and Director of Research, Federal Reserve Bank of Chicago



Speaker

Eugene A. Ludwig, Chief Executive Officer, Promontory Financial Group, and former U.S. Comptroller of the Curency


10/07/05
8:15 AM
Session IV: Market Discipline Issues

Moderator

Harald Benink, Erasmus University (Netherlands)



Confronting Divergent Interests in Trans-Tasman Regulatory Arrangements

Edward J. Kane, Boston College

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Thorvald G. Moe, Norges Bank


Pascual O'Dogherty, Banco de México


Juan Pablo Graf, Banco de México



Discussant

Douglas D. Evanoff, Federal Reserve Bank of Chicago


10:20 AM
Session V: Safety Net Issues

Moderator

William C. Hunter, University of Connecticut



Deposit Insurance

Robert A. Eisenbeis, Federal Reserve Bank of Atlanta


George G. Kaufman, Loyola University Chicago and Federal Reserve Bank of Chicago



Lender of Last Resort

Gary Schinasi, International Monetary Fund


Pedro Gustavo Teixeira, European Central Bank



Payments System

Jeff Stehm, Board of Governors of the Federal Reserve System



Discussant

Asli Demirgüç-Kunt, The World Bank


12:15 PM
Luncheon and Keynote Address

Moderator

Douglas D. Evanoff, Federal Reserve Bank of Chicago



Speaker

Nicholas LePan, Superintendent of Financial Institutions, Canada, and Vice Chairman, Basel Committee on Banking Supervision


1:55 PM
Session VI: Insolvency Resolution Issues

Moderator

Eva H. G. Hüpkes, Swiss Federal Banking Commission



Banking in a Changing World: Isuses & Questions in the Resolution of Cross-Border Banks

Michael Krimminger, Federal Deposit Insurance Corporation


Ernesto Aguirre, The World Bank


Clas Wihlborg, Copenhagen Business School, and Apanard Angkinand, University of Illinois at Springfield



Discussant

Richard S. Carnell, Fordham University Law School


4:00 PM
Session VII: Policy Panel: Where to from Here?

Moderator

George G. Kaufman, Loyola University Chicago and Federal Reserve Bank of Chicago


6:30 PM
Dinner and Keynote Address

Moderator

Michael H. Moskow, President and Chief Executive Officer, Federal Reserve Bank of Chicago



Speaker

Sir Howard Davies, Director, London School of Economics and Political Science, and former Chairman, UK Financial Services Authority


Event Information
Date
10/06/05 - 10/07/05
Location

Federal Reserve Bank of Chicago
230 South LaSalle Street
Chicago, Illinois 60604-1413

Event Contact
Blanca Sepulveda
(312) 322-8340
E-Mail

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