Stress or Stability? Re-aligning the Global Banking System
Overview
The global economic turbulence over the past four years has had a profound effect on the world's financial and banking systems, exposing vulnerabilities and defects that lay unseen during the good times. They are still at risk from recession in the eurozone, persistent fragilities in other developed countries, and slacker growth in emerging markets.
For the global economy and financial system to truly get back on track will require fundamental changes, including the reworking of fiscal and monetary policies, a scrutiny and correction of what failed in the equity, debt and currency markets, tighter control on public and private indebtedness, a closer appreciation of social and demographic upheaval, and a change in banking and financial institutions.
How the world's banks re-boot themselves will determine whether they will be pale or potent in the coming decade. There are many variables to consider: a country's economic fortunes, liquidity risks, deployment of private capital in key sectors, balance-sheet contraction and deterioration, as well as sovereign risk, to name a few.
The 2nd edition of the International Banking Summit organised by the Financial Times and YES BANK, on the theme Stress or Stability? Re-aligning the Global Banking System, will bring together senior bankers, economists, thought leaders, policy-makers and regulators from around the world for a two-day analysis of how global banks and financial institutions can find durable stability, and the opportunities and dangers that lie in their way, with an eye on what this will mean for India, one of the world's fastest-growing major economies.
Co-Chaired by:
Victor Mallet
South Asia Bureau Chief Financial Times
Rana Kapoor
Founder, Managing Director and CEO Yes Bank
Henny Sender
Chief Correspondant, International Finance Financial Times
Confirmed Speakers Include:
Montek Singh Ahluwalia, Deputy Chairman, Planning Commission,Government of India M. Veerappa Moily, Minister of Corporate Affairs, Government of India Anne Le Lorier, First Deputy Governor, Banque de France Manuel Ramos Francia, Deputy Governor, Banco de Mexico Luiz Awazu Pereira da Silva, Deputy Governor, Central Bank of Brazil H.R. Khan, Deputy Governor, Reserve Bank of India Anand Sinha, Deputy Governor, Reserve Bank of India Anoop Singh, Director, Asia and Pacific Department, International Monetary Fund
Strobe Talbott, President, Brookings Institution Bunt Ghosh, Head of Emerging Market Strategy for Asset Management,Credit Suisse Victor Massiah, CEO, UBI Banca M. Narendra, Chairman and Managing Director, Indian Overseas Bank Leonardo Rubattu, General Manager, Iccrea Banca N. Shankar, Chairman and Managing Director, Export Credit Guarantee Corporation of India