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Eighth Annual International Banking Conference
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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

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