Impact of Coronavirus on European Banking - Macro View
The PRMIA Chapters of the EU are pleased to lead the below online chapter meetings which outline the major issues and how they are been dealt with in different contexts. Experts from Austria, France, Germany, Italy and the Netherlands will address the key issues related to the Coronavirus.
Date:
June 17, 2020
Time:
17:30 - 19:00 CEST
Location:
This meeting will be run on the GoToWebinar platform. You will receive a confirmation email upon registering that will allow you to register to the GoToWebinar platform to receive the link to join the event.
The Coronavirus pandemic is profoundly affecting the global economy and financial system in an unprecedented way. While the finance sector has developed significant crisis management experience over the last two decades, the impact of Corona remains uncertain, affecting many industry sectors and countries in different ways. This requires a combination of specific actions, related to the macro and micro economic environment.
COVID macroeconomic scenarios: possible different shapes of the crisis and relevant impact
- Nature of the crisis (different from 08/09 -> exogeneous shock causing both supply and demand shocks with self- reinforcing properties).
- Latest status for major economies and impact so far.
- Fiscal Policy and Monetary Policy measures to fight the crisis.
- Impact on Money, interest, FX and financial markets.
- Implications for Corporate Financing.
- How to derive scenarios in times of high uncertainty: the V-, U,-, W- or L- question.
- Differences in sectoral impact.
Impact on Liquidity management
- Macroeconomic scenario and funding squeeze; How beneficial the new ECB refinancing operations are for the Euro Area banking sector?
- Could the Euribor rates increase despite stable (and negative) policy rates for the foreseeable future?
- Impact of increasing corporate funding costs
- How ILAAP can support liquidity management
Impact on Banking regulation & supervision
- Supervisory response
- Capital and liquidity relief by risk type.
- Revised recovery plans.
- Will regulation change?
|
Speakers
|
|
| |
|
|
| |
Stefan Fink, Chief Economist KPMG Austria
|
|
| |
|
|
| |
Thomas Gaber, Senior Manager KPMG Austria
|
|
| |
|
|
| |
Alberto Capizzano, Head of Financial and Liquidity risks, Illimity Bank (Italy) |
|
| |
|
|
| |
Lea Zicchino, Senior Partner, Financial Economist, Head of Financial Markets and Intermediaries Analysis at Prometeia (Italy) |
|
| |
|
|
| |
Cosimo Pacciani, Financial Industry Executive, Former Chief Risk Officer at the European Stability Mechanism |
|
| |
|
|
| |
Veronique Ormezzano, Head of Regulatory Affairs at BNP Paribas (France) |
|
Moderator:
Sven Ludwig, Regional Director of PRMIA Germany
Click "Register Myself" below to reserve your spot. Make sure to click "Continue" to proceed with your registration. (If this is your first time accessing the PRMIA website you will need to create a short user profile to register.) Support chapter events like this by becoming a member.