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SRB holds its sixth annual conference – Bank resolution: delivering for financial stability

Press releases
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Thursday, 14 October 2021
| Maria DIAZ OLIVER

On 14 October, the Single Resolution Board brought together industry, public authorities and key stakeholders to discuss how bank resolution delivers for financial stability. The key topics were the evolution of the resolution framework, how to achieve a home-host balance and the impact of the Covid-19 crisis on the banking sector.

The SRB conference can be watched online by following this link or via Twitter (@EU_SRB), LinkedIn and YouTube. Join the conversation on Twitter with the hashtag #SRBResolution2021. Ask questions on Twitter or by using the Slido event code #061519.

Speakers include:

  • Paschal Donohoe, Minister for Finance, Ireland & Eurogroup President;
  • Danuta Hübner, MEP, European Parliament;
  • Mairead McGuinness, European Commissioner for Financial Services, Financial Stability and Capital Markets Union;
  • John Berrigan, Director-General, Financial Stability, Financial Services and Capital Markets Union, European Commission;
  • Paula Conthe, Chair, FROB;
  • Sasha Mills, Executive Director, Resolution Directorate, Bank of England;
  • Christian Sewing, CEO, Deutsche Bank;
  • Harald Waiglein, Director General for Economic Policy, Financial Markets and Customs, Ministry of Finance, Austria; and many more.

In particular, the conference features opening addresses and keynotes from:

Elke König, Chair of the Single Resolution Board: “Recent years have proved that our framework has made banks more resilient and the SRB is committed to delivering on financial stability. However, we are not yet bringing the full benefits of the Banking Union to European citizens or to the banking sector while it is not complete.”

Paschal Donohoe, Minister for Finance, Ireland & Eurogroup President: “Over the longer term and for a sustained economic recovery, we need to continue our efforts to build a stronger and more competitive banking system, one that provides the capital and liquidity that, in turn, fuels the economy.”

Mairead McGuinness, European Commissioner for Financial Services, Financial Stability and Capital Markets Union: “The Banking Union is vital to protect the European banking sector from a future crisis and to safeguard financial stability… We want strong EU banks that can provide competitive and innovative services for people and businesses across the European Union.”

Christian Sewing, CEO, Deutsche Bank: “Strengthening Europe’s financial market infrastructure is as much in the interests of market participants as it is in the interest of regulatory authorities. As we look towards a post-pandemic recovery, banks want to remain part of the solution for Europe, its economy, and the societies we operate in.”

 

 

About the Single Resolution Board

The Single Resolution Board (SRB) is the central resolution authority within the Banking Union, which at present is 19 eurozone countries, Bulgaria and Croatia. Together with the national resolution authorities, it forms the Single Resolution Mechanism. The SRB works closely with the European Commission, the European Central Bank, the European Banking Authority and national authorities. Its mission is to ensure an orderly resolution of failing banks, protecting the taxpayer from state bail-outs, while promoting financial stability.

 

Media contact:

SRB Spokesperson/communications team leader

Susan Carroll

Email:

susan.carroll [a] srb.europa.eu

Phone:

+32 2 490 34 39

Switchboard:

+32 2 490 30 00

Contact our communications team

Spokesperson & Communications Team Leader
Name
Susan Carroll
Email
Susan.Carroll [a] srb.europa.eu
Phone:
+ 32 2 490 3439
Mobile:
+32 470 96 48 01
Seán De Búrca
Speechwriter & Communications Expert
Name
Seán De Búrca
Email
Sean.de-Burca [a] srb.europa.eu
Phone:
+32 2 490 3710
Mobile:
+32 477 02 87 10
Camille De Rede
Communications Expert
Name
Camille De Rede
Email
Camille.de-Rede [a] srb.europa.eu
Phone:
+32 2 490 3530
Mobile:
+32 477 028 530

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