In this online debate, Mario Quagliariello (European Banking Authority) will provide selected findings on the state of health of the EU banking sector during in the first phase of the crisis and will review what preliminary assessments tell us about banks’ resilience (e.g. asset quality, capital & liquidity buffers, operational continuity). The online debate will also discuss merits and limits of different diagnostic tools – such as stress testing – but also data needs and methodological challenges. It will conclude by engaging with lessons learnt for risk assessment.
Following Mario Quagliariello’s initial remarks, Til Schuermann (Oliver Wyman), Nicolas Véron (PIIE and Bruegel) and Véronique Ormezzano (BNP Paribas) will be sharing their perspectives on the current state of the banking sector and the challenges ahead.
The debate will be chaired by Elena Carletti (Bocconi University and Florence School of Banking and Finance, EUI) and is part of a COVID-19 online event series organised by the Florence School of Banking and Finance to discuss Europe’s economic policy response to the pandemic.