Bank Runs and Interest Rates | “The Next Financial Crisis?”

Source: European Central Bank (video statements)

Session 2 on Banks at the 10th ECB Annual Research Conference.

Chair: Ross Levine, Stanford University – Hoover Institution

Bank Runs and Interest Rates
• Victoria Ivashina, Harvard University

Discussants:
• Emil Verner, MIT Sloan School of Management
• José Manuel Campa, Chairperson of the European Banking Authority

Watch other sessions from the 2025 ECB Annual Research Conference joint with Stanford’s Hoover Institution on “The Next Financial Crisis?”: https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei

See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html

https://www.youtube.com/watch?v=Jkt3Qy8KXM8

Monetary policy and financial stability | “The Next Financial Crisis?”

Source: European Central Bank (video statements)

Keynote lecture with Raghuram Rajan (University of Chicago – Booth School of Business) on monetary policy and financial stability at the 10th ECB Annual Research Conference.

Chair: Luc Laeven, European Central Bank

Watch other sessions from the 2025 ECB Annual Research Conference joint with Stanford’s Hoover Institution on https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei

See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html

https://www.youtube.com/watch?v=tggMPncSKfM

Where Do Banks End and NBFIs Begin? | “The Next Financial Crisis?”

Source: European Central Bank (video statements)

Session 1 on Non-Banks at the 10th ECB Annual Research Conference.

Chair: Amit Seru, Stanford University – Hoover Institution

Where Do Banks End and NBFIs Begin?
• Nicola Cetorelli, Federal Reserve Bank of New York

Discussants:
• Tomasz Piskorski, Columbia Business School
• David Scharfstein, Harvard Business School

Watch other sessions from the 2025 ECB Annual Research Conference joint with Stanford’s Hoover Institution on “The Next Financial Crisis?”: https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei

See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html

https://www.youtube.com/watch?v=uy3iE27mw_w

Welcome address | “The Next Financial Crisis?”

Source: European Central Bank (video statements)

Welcome address by Christine Lagarde, President of the European Central Bank (ECB), on the first day of the 10th ECB Annual Research Conference.

The conference is organised jointly with Stanford’s Hoover Institution and brings together policymakers and academics to discuss how current regulations, supervisory practices, (conventional and unconventional) monetary policy, and technological innovations shape financial fragility. This year’s theme is “The Next Financial Crisis?”.

Watch all sessions from the conference: [add playlist link once created]

See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html

https://www.youtube.com/watch?v=uMpQzLEGI0o

The Next Financial Crisis? | Tenth ECB Annual Research Conference 2025 | Day 1

Source: European Central Bank (video statements)

ECB Annual Research Conference joint with Stanford’s Hoover Institution on “The Next Financial Crisis?”.

The tenth ECB Annual Research Conference is organised jointly with Stanford’s Hoover Institution and brings together policymakers and academics to discuss how current regulations, supervisory practices, (conventional and unconventional) monetary policy, and technological innovations shape financial fragility.

The conference takes place on 17 and 18 September 2025 as a hybrid event.

See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html

https://www.youtube.com/watch?v=SeUDWHmfWTo

The Next Financial Crisis? | Tenth ECB Annual Research Conference 2025 | Day 2

Source: European Central Bank (video statements)

ECB Annual Research Conference joint with Stanford’s Hoover Institution on “The Next Financial Crisis?”.

The tenth ECB Annual Research Conference is organised jointly with Stanford’s Hoover Institution and brings together policymakers and academics to discuss how current regulations, supervisory practices, (conventional and unconventional) monetary policy, and technological innovations shape financial fragility.

The conference takes place on 17 and 18 September 2025 as a hybrid event.

See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html

https://www.youtube.com/watch?v=5-AkeS5Y-xI

Love is a gamble, but not seeing eye to eye over banknotes is a real deal-breaker 💶💔🎲

Source: European Central Bank (video statements)

As we’re about to redesign our euro banknotes, why not look back at some of the entries for our original design contest in 1996?

💭 Inspired by our friends @bankofenglanduk

#EuroBanknotes #SingleCurrency #EuropeanCentralBank #Euro #Europe #ECB #MarriageIsScary #BOEMuseum #BankofEnglandMuseum

https://www.youtube.com/shorts/S-fgA3C5ioc

President Lagarde presents the latest monetary policy decisions – 11 September 2025

Source: European Central Bank (video statements)

Today our Governing Council decided on monetary policy.

Listen to President Christine Lagarde present today’s decisions. The statement also covers:

• how the economy is performing
• how we expect prices to develop
• the risks to the economic outlook
• the dynamics behind financial and monetary conditions

Published and recorded during our press conference on 11 September 2025.

Our monetary policy statement at a glance, 11 September 2025
www.ecb.europa.eu/press/press_conf…eptember.en.html

Christine Lagarde, Luis de Guindos: Monetary policy statement, 11 September 2025
www.ecb.europa.eu/press/press_conf…3675b834.en.html

Monetary policy decisions, 11 September 2025
www.ecb.europa.eu/press/pr/date/20…fb7a9490.en.html

Combined monetary policy decisions and statement, 11 September 2025
www.ecb.europa.eu/press/press_conf…f624f06ba.en.pdf

Macroeconomic projections, 11 September 2025
www.ecb.europa.eu/press/projection…da697d54.en.html

European Central Bank
www.ecb.europa.eu/home/html/index.en.html

https://www.youtube.com/watch?v=TbW8Mz8MBG0

Closing remarks | 2025 European Systemic Risk Board conference

Source: European Central Bank (video statements)

Closing remarks by Francesco Mazzaferro, Head of the European Systemic Risk Board (ESRB) Secretariat, at the ninth annual ESRB conference.

Senior policymakers, central bankers and leading academics gathered to discuss “Broadening Horizons: The ESRB’s Next Decade of Impact.”

Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnF_n2uxkH2fdSPyfoNzz9f

See the conference programme here: https://www.esrb.europa.eu/news/schedule/2025/html/20250903_9th_annual_conference.en.html

https://www.youtube.com/watch?v=4l5s8ZGtVVc

Special address | 2025 European Systemic Risk Board conference

Source: European Central Bank (video statements)

Special address by Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investment Union, at the ninth annual ESRB conference .

The 2025 ESRB conference theme is “Broadening Horizons: The ESRB’s Next Decade of Impact.”

Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnF_n2uxkH2fdSPyfoNzz9f

See the conference programme here: https://www.esrb.europa.eu/news/schedule/2025/html/20250903_9th_annual_conference.en.html

https://www.youtube.com/watch?v=3Fzt9DN4l9Q