EBA欧洲银行-Call-for-Paper-2012-final_2页_442kb

EBA Policy Research Workshop Summary

Core Content

The European Banking Authority (EBA) organized a policy research workshop titled "Banks' business models after the crisis: incentives, strategies, de-risking" in London from 21-22 November 2012. The workshop aimed to explore the evolving landscape of the EU banking sector in the aftermath of the financial crisis, with a particular focus on the impact of regulatory reforms, especially Basel III, and how they are reshaping banking business models.

Main Topics and Themes

The workshop invited policy-oriented research, preferably empirical, to address the following key areas:

• Banks' performance during the crisis
  Analysis of how banks have performed financially and operationally throughout the crisis, including the incentives that have influenced their business models.

• De-risking and deleveraging trends
  Examination of how EU banks have been reducing risk exposure and leverage, and how these trends may continue to influence their future strategies.

• Drivers of deleveraging
  Exploration of the structural, regulatory, and demand-side factors that have contributed to the deleveraging of banks post-crisis.

• Role of wholesale and investment banking
  Discussion on the evolution of wholesale and investment banking in the EU, comparing national banks with multinational banks in terms of their impact on international business.

• Global dimension of banking activities
  Analysis of the global implications of banking activities and the role of supervisory colleges in coordinating financial supervision across borders.

• Banks' profitability and business models
  Study of the relationship between profitability and business model changes, particularly in the context of lower profitability due to structural and regulatory shifts.

Regulatory Impact

The regulatory reform, especially Basel III, is expected to significantly influence the business models of EU banks. These reforms have introduced higher capital and liquidity requirements for riskier assets, particularly trading and investment assets, which have increased the cost of risk. This is likely to reduce the incentive for banks to operate as universal banks, shifting their focus towards more stable and less risky activities.

The Dodd-Frank Act in the US and Basel 2.5/3 globally have had a greater impact on market risk and trading book exposures, which may further contribute to the structural transformation of EU banks.

Submission Details

• Target audience: Economists from national supervisory authorities and leading academics.
• Paper topics: As listed above.
• Submission deadline: 3 September 2012.
• Contact: Mario Quagliariello at mario.quagliariello@eba.europa.eu.
• Notification: Contributors will be informed by mid-October 2012.

Keynote Speakers

The keynote speakers for the workshop were not yet announced at the time of the call for papers.

Programme Committee

The workshop was organized by a Programme Committee comprising experts from various European institutions and universities, including:

• Peter Andrews (UK Financial Services Authority)
• Klaus Duellmann (Deutsche Bundesbank)
• Daniel Gros (Centre for European Policy Studies)
• Iman van Lelyveld (De Nederlandsche Bank)
• Lars Overby (European Banking Authority)
• Mario Quagliariello (European Banking Authority)
• Jesus Saurina (Banco de España)
• Martin Summer (Oesterreichische Nationalbank)
• Rudi Vander Vennet (Ghent University)

Conclusion

The workshop sought to stimulate a critical discussion on the post-crisis evolution of the EU banking sector, with a particular emphasis on the regulatory changes and their impact on business models. It aimed to bridge the gap between regulatory policy and academic research, encouraging empirical analysis to inform future banking strategies and supervisory practices.