Exploring the competitiveness of European financial services
Against a backdrop of rising interest rates and strains among major US banks, the global financial sector faces its biggest challenge since 2008. This may prompt changes in regulation to shore up financial stability, as was the case after the 2008 financial crisis. The crux will be how to manage safety concerns with enabling innovation and growth. This could lead to important regulatory differences across Europe, the US and Asia which – added to broader trends of digitalisation, sustainability and demographics – may shape the future of financial services across the globe.
This OMFIF roundtable will examine the competitiveness of financial services in Europe relative to the US and Asia. It will focus on banking and asset management, unpacking the market share of each region across these sectors and how this has changed over time. It will also analyse the major factors that are likely to shape the competitiveness of financial services in Europe compared to other regions over the coming years.
13:00 – 14:30 (London)
This off-the-record roundtable will convene current and former policy makers, regulators and market participants from different geographic areas to discuss and debate the topic of the competitiveness of European financial services.