SRB Economic Conference 2026: Evolutions in bank resolution: Learning from the past and looking to the future

The Single Resolution Board (SRB) is pleased to announce its Economic Conference.

The event brought together leading academics, policymakers, and young researchers.

The main conference on 19 March 2026 was held in a hybrid format, with in-person participation by invitation only. The Young Researchers Workshop on 18 March 2026 took place in person, by invitation only, at the SRB premises in Brussels.

Welcome and academic session 1

Academic session 2 and Resolution Young Researcher Award Ceremony

Keynote lecture by Thomas Philippon

Resolution in uncertain times and closing remarks

The Resolution Young Researcher Award was awarded to:

Helena Palma Carvalho, University College London
Suboptimal lending with deposit insurance

Other papers presented

Vedant Agarwal, Centre for Advanced Financial Research and Learning, India
Optimal deposit insurance in a macroeconomic model with runs
Luigi Falasconi, University of Pennsylvania
Bailout Expectations, Default Risk and the Dynamics of Bank Credit Spreads
Cédric Huylebroek, KU Leuven
Banks, Firms, and Households: Credit Shock Amplification and Real Effects

Resolution Young Researchers Workshop (in person, and by invitation only) - 18 March 2026

12:45 – 13:15	Registration and welcome coffee
13:15 – 13:25	Opening remarks and welcome speech Master of Ceremonies: Seán DE BÚRCA, Senior Media and Communications Expert, Single Resolution Board (SRB) Karen BRAUN-MUNZINGER, Director of Resolution Policy Development & Coordination, Single Resolution Board (SRB)
13:25 – 14:55	PhD session 1 Moderator: Jose Manuel PANERO RIVAS, Head of Unit, Single Resolution Board (SRB) Vedant AGARWAL, Centre for Advanced Financial Research and Learning, India Presented paper: Optimal deposit insurance in a macroeconomic model with runs Discussant: Helena Palma CARVALHO, London University College Helena Palma CARVALHO, London University College Presented paper: Suboptimal lending with deposit insurance Discussant: Vedant AGARWAL, Centre for Advanced Financial Research and Learning, India
14:55 – 15:10	SRB Speech From planning to operational crisis readiness Slavka ELEY, Director of Resolution Planning & Decisions, Single Resolution Board (SRB)
15:10 – 15:40	Coffee break and poster session SRB Work in Focus
15:40 – 17:10	PhD session 2 Moderator: Maria-Carlotta CORAIOLA, Head of Unit, Single Resolution Board (SRB) Luigi FALASCONI, University of Pennsylvania Presented paper: Bailout Expectations, Default Risk and the Dynamics of Bank Credit Spreads Discussant: Cédric HUYLEBROEK, KU Leuven Cédric HUYLEBROEK, KU Leuven Presented paper: Banks, Firms, and Households: Credit Shock Amplification and Real Effects Discussant: Luigi FALASCONI, University of Pennsylvania
17:10 – 17:30	Closing remarks and picture of the Resolution Young Researcher Workshop participants Tuija TAOS, Director of Resolution Planning & Decisions, Single Resolution Board (SRB)
17:30 – 18:15	Reception

Main conference day (hybrid event/in person participation by invitation only) - 19 March 2026


08:45 – 09:15	Registration and welcome coffee
09:15 – 09:30	Opening remarks and welcome speech Master of Ceremonies: Seán DE BÚRCA, Senior Media and Communications Expert, Single Resolution Board (SRB) Dominique LABOUREIX, Chair, Single Resolution Board (SRB)
09:30 – 11:00	Academic session 1 Bank scale, stability, and the future of Too Big to Fail Moderator: Géraldine THIRY, Director, National Bank of Belgium (NBB) Antje BERNDT, Professor, Australian National University Presented paper: The Decline of Too Big to Fail Matthew BARON, Professor, Georgetown University Presented paper: Survival of the Biggest: Large Banks and Financial Crises
11:00 – 11:20	Coffee break
11:20 – 12:50	Academic session 2 Real-time indicators of banking stress and crisis dynamics Moderator: Michael FAULEND, Vice-Governor, National Bank of Croatia Julien PÉNASSE, Professor, Université du Luxembourg Presented paper: Permanent Capital Losses after Banking Crises Thomas EISENBACH, Research Advisor, NY FED Presented paper: Tracing Bank Runs in Real Time Discussion and audience Q&A
12:50 - 13:05	Resolution Young Researcher Award Ceremony
13:05 - 14:15	Lunch and poster session Resolution Young Researcher Workshop in Focus
14:15 – 15:15	Keynote Lecture Moderator: Radek URBAN, Director of Resolution Planning & Decisions, Single Resolution Board (SRB) Thomas PHILIPPON, Professor, Stern School of Business, New York University Discussion and audience Q&A
15:15 – 15:30	Coffee break
15:30 – 16:45	Panel session Resolution in uncertain times Moderator: Karen BRAUN-MUNZINGER, Director of Resolution Policy Development & Coordination, Single Resolution Board (SRB) Daniel PEREZ, Director-General Financial Stability, Regulation and Resolution, Bank of Spain Ruth SMITH, Executive Director Resolution, Bank of England Vasileios MADOUROS, Deputy Governor, Monetary and Financial Stability, Central Bank of Ireland Elena CARLETTI, Professor, Università Bocconi
16:45 – 16:50	Closing remarks