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ECB Forum on Banking Supervision: European banking: necessary steps to deepen integration

Summary:
European banking: necessary steps to deepen integration Panellists: John Berrigan, Director-General for Financial Stability, Financial Services and Capital Markets Union, European Commission José Manuel Campa, Chair, European Banking Authority David Livingstone, Chief Executive Officer for Europe, Middle East and Africa, Citi Jean Pierre Mustier, Operating Partner and Sponsor, Pegasus Europe Moderator: Silvia Amaro, Correspondent, CNBC The banking union helped transform the European banking sector from a shock amplifier into a shock absorber. But has this been enough? The COVID-19 crisis has led to further fragmentation, despite the strong European response. Is there momentum to take the next steps towards greater integration? What are the prospects of a European deposit guarantee

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European banking: necessary steps to deepen integration



Panellists:



John Berrigan, Director-General for Financial Stability, Financial Services and Capital Markets Union, European Commission

José Manuel Campa, Chair, European Banking Authority

David Livingstone, Chief Executive Officer for Europe, Middle East and Africa, Citi

Jean Pierre Mustier, Operating Partner and Sponsor, Pegasus Europe

Moderator: Silvia Amaro, Correspondent, CNBC



The banking union helped transform the European banking sector from a shock amplifier into a shock absorber. But has this been enough? The COVID-19 crisis has led to further fragmentation, despite the strong European response. Is there momentum to take the next steps towards greater integration? What are the prospects of a European deposit guarantee scheme? How can the crisis management framework support cross-border banking and home-host cooperation?
European Central Bank
Since 1 January 1999 the European Central Bank (ECB) has been responsible for conducting monetary policy for the euro area - the world’s largest economy after the United States.

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