ECB Research Bulletin by Stefano Corradin, Alessandro Fontana, Christian Kubitza and Angela Maddaloni. Read more: https://www.ecb.europa.eu/press/research-publications/resbull/2025/html/ecb.rb251120~d4d50e9bd2.en.html
The Research Bulletin features a selection of recent work on policy-relevant topics by ECB economists. Published on a monthly basis, the articles in the Research Bulletin are intended for a general audience. The views expressed in each article are those of the authors and do not necessarily represent the views of the European Central Bank and the Eurosystem.
What, if anything, is holding banks back from engaging more in digitalisation and AI? Outdated IT systems weigh on strategy execution, while regulation and supervision race to keep pace with new risks. Will digitalisation drive innovation – or expose vulnerabilities?
• Ray Pinto, Senior Director, DigitalEurope
• Arthur Yuen, Deputy Chief Executive, Hong Kong Monetary Authority
• Francesca Carlesi, Chief Executive Officer, Revolut UK
Moderator: Yasmin Osman, Co-head banking and insurance team, Handelsblatt
Every two years the Forum brings together high-level policymakers, academics, financial executives and experts to exchange views on current developments in banking and supervision.
What disruptors are challenging our status quo, and how should banks respond to prevalent uncertainty? How are geopolitics shaping the financial sector? Have a look at the programme and join inspiring discussions.
The conference took place on 13 and 14 November 2025 in Frankfurt am Main.
Watch all sessions from the conference: https://studio.youtube.com/playlist/PLnVAEZuF9FZntfWjUXWUomE2ws12ca_6I/edit
See the conference programme here:
https://www.bankingsupervision.europa.eu/press/conferences/html/20251113_6th_ECB_Forum_Banking_supervision.en.html
Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, on the 2nd day of the Sixth ECB Forum on Banking Supervision.
What, if anything, is holding banks back from engaging more in digitalisation and AI? Outdated IT systems weigh on strategy execution, while regulation and supervision race to keep pace with new risks. Will digitalisation drive innovation – or expose vulnerabilities?
• Ray Pinto, Senior Director, DigitalEurope
• Arthur Yuen, Deputy Chief Executive, Hong Kong Monetary Authority
• Francesca Carlesi, Chief Executive Officer, Revolut UK
Moderator: Yasmin Osman, Co-head banking and insurance team, Handelsblatt
Every two years the Forum brings together high-level policymakers, academics, financial executives and experts to exchange views on current developments in banking and supervision.
What disruptors are challenging our status quo, and how should banks respond to prevalent uncertainty? How are geopolitics shaping the financial sector? Have a look at the programme and join inspiring discussions.
The conference took place on 13 and 14 November 2025 in Frankfurt am Main.
Watch all sessions from the conference: https://studio.youtube.com/playlist/PLnVAEZuF9FZntfWjUXWUomE2ws12ca_6I/edit
See the conference programme here:
https://www.bankingsupervision.europa.eu/press/conferences/html/20251113_6th_ECB_Forum_Banking_supervision.en.html
Geopolitics have a profound impact on banking and banking supervision. Does the reality of global conflict render international coordination a relic of the past? Will there be a race to the bottom when it comes to regulation and supervision? How can banks respond to a potentially widespread and unprecedented loss of predictability?
• Claudia Buch, Chair of the Supervisory Board of the ECB
• Erik Thedéen, Chair, Basel Committee on Banking Supervision
• Daniel Pinto, Vice Chairman, JPMorgan Chase
Moderator: Martin Arnold, Financial regulation editor, Financial Times
Every two years the Forum brings together high-level policymakers, academics, financial executives and experts to exchange views on current developments in banking and supervision.
What disruptors are challenging our status quo, and how should banks respond to prevalent uncertainty? How are geopolitics shaping the financial sector? Have a look at the programme and join inspiring discussions.
The conference took place on 13 and 14 November 2025 in Frankfurt am Main.
Watch all sessions from the conference: https://studio.youtube.com/playlist/PLnVAEZuF9FZntfWjUXWUomE2ws12ca_6I/edit
See the conference programme here:
https://www.bankingsupervision.europa.eu/press/conferences/html/20251113_6th_ECB_Forum_Banking_supervision.en.html
Banks have faced a series of challenges in recent years but have remained remarkably adaptable. What is the role of resilience in light of evolving risks and innovation? As new competitors and methods challenge the status quo, will there still be space for traditional banks in the future?
• Fiona Gallagher, Chief Executive Officer, Wells Fargo Bank International
• Wim Mijs, Chief Executive Officer, European Banking Federation
• Charlotte Gerken, Executive Director for UK Deposit Takers Supervision, Bank of England
Moderator: Pedro Machado, Member of the Supervisory Board of the ECB
Every two years the Forum brings together high-level policymakers, academics, financial executives and experts to exchange views on current developments in banking and supervision.
What disruptors are challenging our status quo, and how should banks respond to prevalent uncertainty? How are geopolitics shaping the financial sector? Have a look at the programme and join inspiring discussions.
The conference took place on 13 and 14 November 2025 in Frankfurt am Main.
Watch all sessions from the conference: https://studio.youtube.com/playlist/PLnVAEZuF9FZntfWjUXWUomE2ws12ca_6I/edit
See the conference programme here:
https://www.bankingsupervision.europa.eu/press/conferences/html/20251113_6th_ECB_Forum_Banking_supervision.en.html
Keynote speech by Paschal Donohoe (President, Eurogroup) on the 2nd day of the Sixth ECB Forum on Banking Supervision.
Every two years the Forum brings together high-level policymakers, academics, financial executives and experts to exchange views on current developments in banking and supervision.
What disruptors are challenging our status quo, and how should banks respond to prevalent uncertainty? How are geopolitics shaping the financial sector? Have a look at the programme and join inspiring discussions.
The conference took place on 13 and 14 November 2025 in Frankfurt am Main.
Watch all sessions from the conference: https://studio.youtube.com/playlist/PLnVAEZuF9FZntfWjUXWUomE2ws12ca_6I/edit
See the conference programme here:
https://www.bankingsupervision.europa.eu/press/conferences/html/20251113_6th_ECB_Forum_Banking_supervision.en.html
How have banks progressed in identifying, quantifying and managing the risks stemming from the climate and nature crises? How do ever more frequent extreme weather events and the degradation of ecosystem services affect the risks that banks are facing? What is the role of transition plans and transition finance going forward?
• Patrick Amis, Director General, European Central Bank
• Michala Marcussen, Group Chief Economist, Société Générale
• Kevin Stiroh, former Executive Vice President, Federal Reserve Bank of New York
Moderator: Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB
Every two years the Forum brings together high-level policymakers, academics, financial executives and experts to exchange views on current developments in banking and supervision.
What disruptors are challenging our status quo, and how should banks respond to prevalent uncertainty? How are geopolitics shaping the financial sector? Have a look at the programme and join inspiring discussions.
The conference took place on 13 and 14 November 2025 in Frankfurt am Main.
Watch all sessions from the conference: https://studio.youtube.com/playlist/PLnVAEZuF9FZntfWjUXWUomE2ws12ca_6I/edit
See the conference programme here:
https://www.bankingsupervision.europa.eu/press/conferences/html/20251113_6th_ECB_Forum_Banking_supervision.en.html
What is the public good of banking and banking supervision? Is there a trade-off between shareholder value and the wider public interest? How does the creation of private value in banking align with the public interest? What roles do regulation and supervision play in maintaining a balance?
• Richard Gnodde, Vice Chairman, Goldman Sachs
• Jella Benner-Heinacher, President, Better Finance
Moderator: Naomi Lloyd, TV journalist
Every two years the Forum brings together high-level policymakers, academics, financial executives and experts to exchange views on current developments in banking and supervision.
What disruptors are challenging our status quo, and how should banks respond to prevalent uncertainty? How are geopolitics shaping the financial sector? Have a look at the programme and join inspiring discussions.
The conference took place on 13 and 14 November 2025 in Frankfurt am Main.
Watch all sessions from the conference: https://studio.youtube.com/playlist/PLnVAEZuF9FZntfWjUXWUomE2ws12ca_6I/edit
See the conference programme here:
https://www.bankingsupervision.europa.eu/press/conferences/html/20251113_6th_ECB_Forum_Banking_supervision.en.html
Business life has become more uncertain. Banks and supervisors must keep pace with various global dynamics, but staying the course is challenging when conditions are changing fast. What are the main disruptors and challenges for banks right now? What is driving the disruption: geopolitics, climate change, artificial intelligence, cyber security? What strategies should banks pursue to remain competitive, sound and stable?
• Andrea Orcel, Group Chief Executive Officer, UniCredit
• Sharon Donnery, Member of the Supervisory Board of the ECB
• Britta Schmidt, Senior Analyst, Autonomous
Moderator: Nicholas Comfort, Finance reporter, Bloomberg
Every two years the Forum brings together high-level policymakers, academics, financial executives and experts to exchange views on current developments in banking and supervision.
What disruptors are challenging our status quo, and how should banks respond to prevalent uncertainty? How are geopolitics shaping the financial sector? Have a look at the programme and join inspiring discussions.
The conference took place on 13 and 14 November 2025 in Frankfurt am Main.
Watch all sessions from the conference: https://studio.youtube.com/playlist/PLnVAEZuF9FZntfWjUXWUomE2ws12ca_6I/edit
See the conference programme here:
https://www.bankingsupervision.europa.eu/press/conferences/html/20251113_6th_ECB_Forum_Banking_supervision.en.html
Every two years the Forum brings together high-level policymakers, academics, financial executives and experts to exchange views on current developments in banking and supervision.
What disruptors are challenging our status quo, and how should banks respond to prevalent uncertainty? How are geopolitics shaping the financial sector? Have a look at the programme and join inspiring discussions.
The conference will take place on 13 and 14 November 2025 in Frankfurt am Main.
See the conference programme here:
https://www.bankingsupervision.europa.eu/press/conferences/html/20251113_6th_ECB_Forum_Banking_supervision.en.html
