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Erkki Antero Liikanen is a Finnish social democratic politician and a former Governor of the Bank of Finland.
Joachim Wuermeling a German politician of the Christian Social Union in Bavaria. Between 2005 and 2008, he served as State Secretary for the European Union in the German Federal Ministry for Economics and Technology.
Axel Alfred Weber is a German economist, professor, and banker. He is currently a board member and chairman of Swiss investment bank and financial services company, UBS Group AG, and has announced his resignation effective 7 April 2022.
Otmar Issing is a German economist who served as a member of the Executive Board of the European Central Bank from 1998 to 2006 and concurrently as ECB chief economist. He developed the 'two-pillar' approach to monetary policy decision-making that the ECB has adopted. After leaving the Executive Board, Issing been serving as president of the Center for Financial Studies since 2006.
Frankfurt School of Finance & Management is a private university with a right to award doctorates, recognized under Hesse’s Higher Education Act. The parent organization is the Frankfurt School of Finance & Management Foundation. Frankfurt School has a second campus in HafenCity in Hamburg and a study center in Munich, as well as offices in developing and emerging countries in cities such as Nairobi and Amman.
The Deutsche Bank Prize in Financial Economics honors renowned researchers who have made influential contributions to the fields of finance and money and macroeconomics, and whose work has led to practical and policy-relevant results. It was awarded biannually from 2005 to 2015 by the Center for Financial Studies (CFS), in partnership with Goethe University Frankfurt, and is sponsored by Deutsche Bank Donation Fund. The award carried an endowment of €50,000, which was donated by the Stiftungsfonds Deutsche Bank im Stifterverband für die Deutsche Wissenschaft.
Beatrice Weder di Mauro is a Swiss economist who is currently Professor of economics at the Graduate Institute of International and Development Studies in Geneva, Research Professor and Distinguished Fellow-in-residence at the Emerging Markets Institute of INSEAD Singapore, and senior fellow at the Asian Bureau of Finance and Economic Research (ABFER). Since 2018, she also serves as President of the Centre for Economic Policy Research (CEPR).
The Institute for Law and Finance (ILF) is a graduate school which was established as a non-profit foundation in 2002 by Goethe University Frankfurt am Main with the support of many prominent institutions. Leading commercial banks and international law firms, the Frankfurt Chamber of Commerce and Industry, the City of Frankfurt and the State of Hesse, as well as the European Central Bank and the Deutsche Bundesbank are actively involved in the ILF right from the planning stages until today. The ILF provides interdisciplinary training to lawyers, senior management and executives in Germany and worldwide and serves as a policy center in the legislative process by offering forums for discussions and exchanges between academia and practitioners.
Andreas Hackethal is a Professor of Finance and the Dean of the Goethe Business School at the Goethe University Frankfurt.
The Center for Financial Studies (CFS), located in Frankfurt am Main, is an independent research institute affiliated to the Goethe University Frankfurt. CFS conducts independent and internationally oriented research on important topics in finance. It serves as a forum for dialogue between academia, policy makers and the financial industry. It also provides a platform for high-level basic as well as applied research of relevance to the European financial sector.
Daniel Gros is a German economist who currently serves as the Director of the Centre for European Policy Studies (CEPS), a European think tank.
The Independent Commission on Banking was a United Kingdom government inquiry looking at structural and related non-structural reforms to the UK banking sector to promote financial stability and competition in the wake of the financial crisis of 2007–08. It was established in June 2010 and produced its final report and recommendations in September 2011.
Jörg Asmussen is a German economist and banker has been serving as Chief Executive Officer of the German Insurance Association (GDV) since 2020.
Benoît Georges Cœuré is a French economist who has been serving as President of the Autorité de la concurence since 2022. He previously served as a member of the Executive Board of the European Central Bank from 2012 to 2019.
Finance Watch is a European non-governmental organization that conducts research and advocacy on financial regulation. Based in Brussels, the organization focuses on financial regulation in the European Union.
The Liikanen Report or "Report of the European Commission’s High-level Expert Group on Bank Structural Reform" is a set of recommendations published in October 2012 by a group of experts led by Erkki Liikanen, governor of the Bank of Finland and ECB council member. On 3 July 2013, by large majority the European Parliament adopted an own initiative report called "Reforming the structure of the EU banking sector" that welcomes structural reform measures at Union level to tackle concerns on Too big to fail banks, that led to the publication of a proposal of Regulation on structural measures improving the resilience of EU credit institutions in January 2014. This proposal was withdrawn in July 2018.
Claudia Maria Buch is a German economist who currently serves as Vice President of the Bundesbank. She previously worked as professor at the University of Tübingen and served as a member of the German Council of Economic Experts. Buch worked as scientific director at the Institut für Angewandte Wirtschaftsforschung in Tübingen and as chairperson of the economic council at the Federal Ministry of Economics and Technology. She still teaches at the Otto-von-Guericke-Universität Magdeburg. Her research focuses on regulation and supervision of banking.
Elke König is a German MBA in Business and auditor. From January 2012, she was president of the Federal Financial Supervisory Authority (BaFin); in December 2014, she became the first Chair of the newly established Single Resolution Board (SRB) of the Single Resolution Mechanism headquartered in Brussels. She served as Chair of the SRB until January 2023, when her second term expired.
The separation of investment and retail banking aims to protect the "utility" aspects of day-to-day banking from being endangered by losses sustained by higher-risk investment activities. This can take the form of a two-tier structure in which a company is banned from doing both activities, or enforcing a legal ring-fence between two divisions of a company. Banks have resisted this separation saying that it increases costs for consumers.
References
- ↑ Liikanen report. Website of the European Commission.
