Bruegel Event Recordings

The recent economic crisis has put the financial sector in the spotlight. Calls to revamp financial regulation have grown stronger. Competition in the banking sector has been perceived with caution. Competition (or the lack of it) will have a bearing on the typical failures associated with the financial system: excessive risk taking, credit overexpansion exuberant growth, bank misconduct. We are pleased to invite you to an event at which Prof. Xavier Vives will discuss the relationship between competition and stability of the banking sector. He will give a snapshot on the trends in competition policy practice and its interaction with regulatory developments in the field. Particular questions that will be addressed are: -Whether there is a significant trade-off between competition and financial stability. -How regulation and competition policy should interact, whether they can complement each other or whether they substitute for each other. -What the appropriate architecture for regulatory and competition a