The third symposium on Ending Too Big to Fail will be held in Washington, DC and will be co-hosted by the Federal Reserve Bank of Minneapolis and the Peterson Institute for International Economics.
The symposium series is a major initiative launched by the Minneapolis Fed to assess the current status and outlook for addressing the problems of Too Big To Fail (TBTF) banks. This third gathering in the series, and the first joint with the Peterson Institute, will examine specifically the cost-benefit analysis of increasing bank capital as well as evaluate more broadly the status of ending TBTF.
The Minneapolis Fed’s #EndingTBTF initiative will explore various proposals from expert researchers and incorporate input from a wide range of thought leaders, culminating in an actionable plan to end TBTF, which will be released by the end of the year.
Stay up to date with the initiative by filling out this form, or follow us on Twitter @MinneapolisFed and follow the conversation with the hashtag #EndingTBTF.
A livestream of the symposium will also be available at minneapolisfed.org.
Agenda - June 20, 2016
10:30 a.m.
Registration
10:45 a.m.
Panel 1: Review the current framework used to evaluate proposals that increase capital requirements as a means of addressing TBTF.
Moderator: Ron J. Feldman, Executive Vice President and Senior Policy Advisor, Federal Reserve Bank of Minneapolis
Other relevant documents:
- William Cline, "Benefits and Costs of Higher Capital Requirements for Banks," March 2016
- Giovanni Dell’Arricia, "Benefits and Costs of Bank Capital," March 2016
Panelists include:
- William Cline
Senior Fellow, Peterson Institute for International Economics
Prepared Presentation [pdf] - Giovanni Dell'Ariccia
Deputy Director, Research Department, International Monetary Fund
Prepared Presentation [pdf] - Douglas Elliott
Partner, Finance and Risk and Public Policy, Oliver Wyman
Prepared Presentation [pdf]
Morning Session Video [YouTube]
12:00 p.m.
Luncheon Buffet
12:15 p.m. – 1:30 p.m.
Panel 2: Take a broad look at what current policy towards banks leaves unaddressed or proves problematic.
Opening remarks on the status of ending TBTF: Neel Kashkari, President, Federal Reserve Bank of Minneapolis
Opening Remarks Video [YouTube]
Panelists include:
- Bertrand Badré
Formerly Group Chief Financial Officer, Société Générale and Crédit Agricole - Adam Posen
President, Peterson Institute for International Economics
Afternoon Session Video [YouTube]