Analysing events such as the COVID pandemic that have created financial instability to banking and capital markets
Yash Kalash argues that the AI infrastructure boom is creating financial transmission mechanisms reminiscent of past crises—not because AI will fail, but because its financing may not endure long enough to repay the infrastructure built around it
Data centres are laying the next financial mine Read More »
Many public institutions are now experimenting with AI tools to support surveillance, supervision, and policy analysis. Paola Ganum and Tohid Atashbar show that today’s LLMs perform well on structured, factual tasks but remain less reliable on nuanced rating questions, where human judgement still matters
Macrofinance meets AI: evaluating alignment between LLMs and economists Read More »
European banking remains fragmented, leaving billions of euros inefficiently allocated. Gyöngyi Lóránth, Anatoli Segura and Jing Zeng argue that a common deposit insurance system can encourage more risk-taking, but this should be accompanied by sufficiently strict supervision
Achieving a European Banking Union without increasing risks Read More »
The financial system is constantly evolving, and the regulatory and supervisory framework must keep pace. Michelle Bowman discusses the work of the US and urges global financial watchdogs to be flexible
Modernizing financial regulation Read More »
EU banking rules are under pressure for simplification. Jesper Berg and Hans Geeroms argue that reforms should cut complexity without weakening financial safeguards
Reforming EU banking regulations Read More »
The global economy is facing unprecedented geopolitical and economic challenges. Paul Stirling provides an in-depth analysis of International Finance Centres, which remain the indispensable engines of the global economy
The global financial powerhouses: from Wall Street to offshore havens Read More »
Europe faces unprecedented geopolitical and economic challenges, including high dependencies on external providers for energy, technology, security, and financial infrastructure. Frank Elderson argues reducing these dependencies is essential for safeguarding the European way of life
Strengthening operational resilience for the age of AI Read More »
As technology evolves, Sarah Breeden sets out the Bank of England’s vision for UK finance: a robust, multi-money retail payments system that promotes greater competition and innovation, and a multi-asset, multi-currency approach to tokenising the markets of the UK’s global financial centre
Modernising money and markets Read More »
Sam Woods reflects on the nature of banking supervision. Taking stock of how supervision has evolved in the UK and internationally, he considers what the role of a supervisor is and how it might evolve in future
The development of clinical supervision Read More »
The global asset management industry is simultaneously growing and consolidating. Dirk Schoenmaker argues that US firms’ rise in EU asset management may weaken sustainable finance, making tougher stewardship, ESMA supervision and autonomy urgent
Risks for Europe of US dominance of global asset management Read More »
