Speakers
Objectives
The objective of this session is to discuss the key policy actions required to improve the competitiveness and the efficiency of the EU banking sector and accelerate its digital transformation. More specifically, this panel will identify the expected benefits and related challenges from cost cuts, domestic consolidation and cross-border mergers and acquisitions for addressing profitability challenges.
The session will also assess the regulatory priorities for accelerating digital transformation (digital offerings and solutions for bank customers…) of the EU banking sector and whether EU recent regulations are sufficient in this respect.
The panel will not cover the priorities for addressing credit risk and capital strength issues as another session of this Eurofi event is organised on the “Challenges for the EU banking sector in the Covid context”.
Points of discussion
- To what extent are the profitability and the competitiveness of the EU banking sector a key challenge for the EU? What are the EU key policy-actions required to improve the competitiveness and the efficiency of the European banking sector?
- What are the main challenges facing the EU banking sector in terms of digitalisation? What are the regulatory priorities for accelerating digital transformation (digital offerings and solutions for bank customers…) of the EU banking sector?