Fifteenth Annual International Banking Conference
The Social Value of the Financial Sector: Too Big to Fail or Just Too Big?
In conjunction with London's Centre for Economic Policy Research (CEPR), the Federal Reserve Bank of Chicago held its fifteenth annual International Banking Conference on November 15–16, 2012, at the Bank. The purpose of the annual conference is to address important current issues affecting international financial markets. The conference examined the social value of the financial sector. What are the welfare implications of the current industry structure?
As at past conferences, the emphasis of the conference will be on the implications for public policy. The conference featured keynote presentations by
- Raghuram Rajan, Eric J. Gleacher Distinguished Service Professor of Finance, University of Chicago
- Mary John Miller, Under Secretary for Domestic Finance, U.S. Treasury Department
- Charles Goodhart, Emeritus Professor of Banking and Finance, Financial Markets Group, London School of Economics.
As usual, the makeup of the conference will truly be international. Participants from some 35 countries regularly participate in the conference and include representatives of central banks, regulatory and supervisory agencies, financial institutions, trade associations and academic institutions from around the globe.
Description and Measurement of the Financial System
Social Benefits and Costs of the Current Financial System
Financial Industry Innovation
Effects of Regulation, the Safety Net and Other Government Guarantees
Finance and Economic Activity: Variations across Emerging and Developed Markets
Break Up the Big Banks?
Where to from Here? What Does All of This Mean for Financial Regulatory Policy?
Conference Organizers
Viral V. Acharya, New York University and CEPR
Thorsten Beck, Tilburg University and CEPR
Douglas D. Evanoff, Federal Reserve Bank of Chicago
George G. Kaufman, Loyola University Chicago
Richard Portes, London Business School and CEPR
