The Banque de France and Toulouse School of Economics (TSE) will organize a one day conference on “Bailouts, bail-in, and financial stability”. The joint conference will take place in Paris on November 28, 2014.
To prevent the collapse of the global financial system, governments in major jurisdictions intervened by bailing out some financial institutions or providing public guarantee to unsecured bank-debt holders. While these interventions were aimed at stabilizing markets, they may have reinforced market perceptions that some financial firms are too-important-to-fail. The risk-taking incentives implied by these expectations are viewed by many as one worrying legacy of the crisis. The conference aims to discuss the quantitative importance of the implicit public guarantee, its consequence on the efficiency and stability of the banking system, and the regulatory measures to address this issue. Five research papers will be presented, followed by a policy panel on the current FSB regulatory initiatives aiming at ending too-big-to-fail by increasing banks Total Loss Absorption Capacity (TLAC).
Régis Breton (Banque de France), Laurent Clerc (Banque de France), Augustin Landier (TSE)
To attend this conference, please fill in and return the following registration form to 1537-TSENOV2014-UT@banque-france.fr by November, 14th.
Deniz Anginer (Virginia Tech) with Viral V. Acharya and A. Joseph Warburton
Alexander Schmidt (Bundesbank) with Florian Hett
Jörg Rocholl (ESMT) with Markus Fischer, Christa Hainz and Sascha Steffen
Natalya Martynova (De Nederlandsche Bank ESMT) with Enrico Perotti
Jean-Charles Rochet (University of Zürich) with Yalda Sigrist-Zargari
with Douglas Gale (Professor, Imperial College London), Elke König (President, BaFin), Christian Noyer (moderator — Governor, Banque de France) Markus Ronner (UBS)
Updated on: 05/02/2017 14:52