September Future Financial Services
THE CHALLENGE: THE FUTURE OF LARGE FINANCIAL INSTITUTIONS

The Future of Commercial/Universal Banks in Europe

London | 30 September 2016

Report

Our report from this forum captures the views on how European universal banks were expected to respond to a range of challenges such as lagging returns on equity, legacy issues, impact of low interest rates and fintech.

Read our report from this forum.

Theme

In a group comprised of senior bankers, leaders of newly established 'disrupter' firms, academics, and other thought leaders, we discussed three different scenarios that might emerge for universal banks in Europe over the next 5-10 years and the conditions that will have to occur for each scenario to happen.

Participants

Andrew Haldane, Chief Economist and Executive Director, Monetary Analysis & Statistics, Bank of England. Hosted by Chicago Booth Executive Education, London Campus.

Leaders

Randall Krosner

Randall S. Kroszner

Norman R. Bobins Professor of Economics at Chicago Booth and Ex-Governor of the US Federal Reserve System

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Andrew_Haldane

Andrew Haldane

Chief Economist and Executive Director, Monetary Analysis & Statistics, Bank of England

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Stephen Barter

Stephen Barter

Moderator, Chairman Real Estate Advisory KPMG in the UK

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