Keynote speech by Frank Elderson | 6th ECB Forum on Banking Supervision

Source: European Central Bank (video statements)

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 Outdated IT systems weigh on strategy execution, while regulation and supervision race to keep pace with new risks.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

https://www.youtube.com/watch?v=AkJbWkybR_4

Digital revolution: are banks watching from the sidelines? | 6th ECB Forum on Banking Supervision

Source: European Central Bank (video statements)

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 Outdated IT systems weigh on strategy execution, while regulation and supervision race to keep pace with new risks.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

https://www.youtube.com/watch?v=E3EqRT_-Jo0

Keynote speech by Paschal Donohoe | 6th ECB Forum on Banking Supervision

Source: European Central Bank (video statements)

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

https://www.youtube.com/watch?v=EJAvH7dQcGg

Resilience in action: from setbacks to strengths| 6th ECB Forum on Banking Supervision

Source: European Central Bank (video statements)

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

https://www.youtube.com/watch?v=ob0ywbrceLA

Private and public value: the two faces of banking | 6th ECB Forum on Banking Supervision

Source: European Central Bank (video statements)

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

https://www.youtube.com/watch?v=u2YTiQv_n48

Climate and nature on the brink: what does it mean for banks? | 6th ECB Forum on Banking Supervision

Source: European Central Bank (video statements)

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

https://www.youtube.com/watch?v=9xsC01Lrh88

When uncertainty is certain: strategies for banks | 6th ECB Forum on Banking Supervision

Source: European Central Bank (video statements)

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

https://www.youtube.com/watch?v=j_hzeW-xPSw

UK Lord Robertson of Port Ellen and Lord West of Spithead: Lord Speaker’s Corner | Episode 33

Source: United Kingdom UK House of Lords (video statements)

Defence, security, Russia and China are on the agenda in the latest Lord Speaker’s Corner. Former Nato Secretary General, Lord Robertson of Port Ellen, and former First Sea Lord, Lord West of Spithead, speak to Lord McFall of Alcluith.

In this episode, Lord Robertson, who was also Defence Secretary from 1997 to 1999, warns that the UK is “under-prepared and under attack”. He also discusses Russian-organised sabotage in Europe, explaining “They can’t do it themselves. So they are now contracting out, a good capitalist principle, to organised crime. Our undersea cables, which carry 99% of all the data we use, are vulnerable and they’re watching them and, in some cases, attacking them.”

Lord West, the UK’s first Security Minister from 2007 to 2010, reflects on Russia’s invasion of Ukraine, saying “It’s quite difficult to see how one’s going to get out of this [conflict] because one doesn’t want a full war between Nato and Russia. They [Russia] would lose it. And the danger with them losing it is – would they then make that stupid mistake of going nuclear?” 

Both also share their thoughts and experience of dealing with China. Lord West discusses his experience commanding a battle group as he dealt with a challenging Chinese navy during the handover of Hong Kong: “out at sea it was very different from the pictures coming from Hong Kong. The Chinese Navy were trying to ram our ships. They were opening missile doors.”

Lord Robertson suggests a careful approach, saying “We’ve got to engage with China, but recognise that it is going to be the future challenge – militarily, commercially and diplomatically – and therefore be very, very cautious about what we do… I think it’s probably better to call the Chinese a problem rather than a threat at the present moment.”

Lord West also discusses his experience in the nuclear chain of command on 9/11, sharing “I remember getting a phone call from our nuclear firing cell, the guys who finally – when all the codes go – press the buttons, and they said, unbelievably, on my red phone [linking to the UK deterrent]: ‘Sir… the Americans are starting to move to immediate readiness for nuclear weapon release in all three systems.’ That’s strategic air, intercontinental ballistic missiles and subsurface …’What do you want me to do?’”

See more from the series https://www.parliament.uk/business/lords/house-of-lords-podcast/

#HouseOfLords #UKParliament #LordSpeakersCorner #LordsMembers

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