Speakers
Session overview
Objectives
This session will examine whether EU banks are fully equipped to deliver the objectives of the Savings and Investment Union, notably by channelling European savings into productive investment through securitisation, market making, advisory services and support to SME and mid-cap access to capital markets. It will assess how far banks’ market intermediation capacity can help deepen European capital markets, strengthen cross-border risk-sharing and support the scaling-up of European firms.
The discussion will also address whether the current EU prudential and structural framework enables or constrains this role. In particular, it will explore the impact of capital, leverage and trading-related requirements, as well as ring-fencing and incomplete cross-border banking integration, on banks’ ability to provide liquidity and intermediate risk at EU level. The objective is to identify pragmatic and targeted priorities that could strengthen banks’ contribution to the SIU in the short to medium term, while preserving financial stability.
Points of discussion
- How can EU banks better leverage their market-related activities to effectively channel European savings into productive investment — contributing to deeper capital markets, better risk-sharing and stronger EU competitiveness?
- What regulatory and structural conditions are required for banks to fully play their role in the SIU? Can the objectives of the Savings and Investment Union — notably deeper and more integrated capital markets — be achieved without further progress in cross-border banking integration, including greater mobility of capital and liquidity within banking groups?