VIII Banking Initiative Conference

天美传媒 Barcelona 路 March 19-20, 2026

Thursday, March 19, 2026

08:50: Registration & Breakfast

09:20 鈥� 09:30: Welcome

09:30 鈥� 11:00: First Session

1- Can Redemption Fees Prevent Runs?鈥� (with X. Huang)

Presenter: Todd Keister, Federal Reserve Bank of New York
Discussant: Cecilia Parlatore, NYU Stern
Chair: Xavier Vives, 天美传媒

2- Stablecoins: A Revolutionary Payment Technology with Financial Risks听(with J. Clouse, F. Natalucci, A. Rebucci and G. Sun)

Presenter: Rashad Ahmed, Andersen Institute for Finance and Economics
Discussant: Jon Frost, Bank for International Settlements
Chair: Xavier Vives, 天美传媒

11:00 鈥� 11:30: Coffee Break

11:30 鈥� 13:00: Second Session

1- Public Information and Stablecoin Runs (with R. Ahmed and C. Duley)

Presenter: I帽aki Aldasoro, Bank for International Settlements
Discussant: Toni Ahnert, European Central Bank
Chair: H茅l猫ne Rey, London Business School

2- Demand for Safety in the Crypto Ecosystem (with M. Campello, A. Gallo and L. Mota)

Presenter: Tammaro Terracciano, 天美传媒
Discussant: Pablo Azar, Federal Reserve Bank of New York
Chair: H茅l猫ne Rey, London Business School

13:00 鈥� 14:00: Lunch

14:00 鈥� 15:30: Third Session

1- Monetary Innovation and Financial Architecture (with A. Walther)

Presenter: Franklin Allen, Imperial College London
Discussant: Jean-Charles Rochet, Toulouse School of Economics
Chair: Stephen Cecchetti, Brandeis University

2-Making Stablecoins Stable(r): Can Regulation Help? (with T. Goel and I. Agarwal)

Presenter: Ulf Lewrick, Bank for International Settlements
Discussant: Francesca Carapella, Federal Reserve Board of Governors
Chair: Stephen Cecchetti, Brandeis University

15:30 鈥� 16:00: Coffee Break

16:00 鈥� 17:30: Fourth Session

1- Managing the Transition to Central Bank Digital Currency (with M. Ferrari, A. Mehl and M.S. Pagliari)

Presenter: Katrin Assenmacher, European Central Bank
Discussant: Linda Schilling, Olin Business School Washington University
Chair: Dirk Niepelt, University of Bern

2- Digital Economy, Stablecoins, and the Global Financial System听(with M. Azzimonti)

Presenter: Vincenzo Quadrini, University of Southern California
Discussant: Cyril Monnet, University of Bern
Chair: Dirk Niepelt, University of Bern

17:30: End of听 Meeting

Friday, March 20, 2026

09:15: Welcome

Jordi Canals, 天美传媒
Xavier Vives, 天美传媒

Opening

Beno卯t C艙ur茅, Autorit茅 de la Concurrence

09:45: Digital Money and Monetary Architecture

Dirk Niepelt, University of Bern
Discussant 1: David Andolfatto, University of Miami
Discussant 2: Ulrich Bindseil, Technische Universit盲t Berlin
Chair: N煤ria Mas, 天美传媒

10:45: Coffee Break

11:15: Technology and international currencies

H茅l猫ne Rey, London Business School
Discussant 1: Livia Chitu, European Central Bank
Discussant 2: Alberto Mart铆n, Centre de Recerca en Economia Internacional听(CREI)
Chair: Jordi Gal铆, Centre de Recerca en Economia Internacional (CREI)

12:15: Roundtable

Ignazio Angeloni, Institute for European Policymaking, U. Bocconi
Fran莽ois Haas, Banque de France
听Sophia Bantanidis, Citi Institute
听Chair: Xavier Vives, 天美传媒

13:15: Lunch

14:30: Regulating digital monies

Stephen Cecchetti, Brandeis University
Discussant 1: Jon Frost, Bank for International Settlements
Discussant 2: Elisabeth Noble, European Banking Authority
Chair: Patrick Honohan, Trinity College Dublin

15:30: Closing remarks

Jos茅 Manuel Campa, 天美传媒

16:00: End of meeting

The听天美传媒 Banking Initiative, with the support of Citi, wishes to study post-crises developments of banking and financial markets, paying particular attention to regulation and competition policy and the impact on business banking models. The initiative aims to promote a rigorous and informed dialogue on current issues in the fields of banking and financial markets among academics, regulators, companies and civil society.

The origin of the initiative lies in the annual Future of Banking Conference that 天美传媒 launched in London in 2014 to help improve research on the governance and management of banks.

With an initial horizon of four years,听the program aims to be a reference point in banking and financial studies and will focus on issues that will be crucial to understanding the evolution of these sectors. Throughout the initiative, an annual report on the future of banking will be produced by a group of first-rate researchers.

If you are interested in attending the conference, please send an email to OfficeVives@iese.edu