Barcelona Report Series on The Future of Banking

Barcelona 1 (2019): Sound At Last? Assessing a Decade of Financial Regulation, Patrick Bolton, Stephen Cecchetti, Jean-Pierre Danthine, Xavier Vives
This first report in a new series from IESE Business School and CEPR on ‘The Future of Banking’ tackles three important areas of post-crisis regulatory reform: the Basel III agreement on capital, liquidity and leverage requirements; resolution procedures to end ‘too big to fail’; and the expanded role of central banks with a financial stability remit.
Barcelona 2 (2020): The Bank Business Model in the Post-Covid-19 World, Elena Carletti, Stijn Claessens, Antonio Fatás, Xavier Vives
The effects from the Covid-19 crisis come on top of the combination over the past decade of persistently low interest rates, regulatory changes, and competition from shadow banks and new digital entrants that challenged the traditional bank business model pre-Covid-19. The second report in the CEPR/IESE series on The Future of Banking tackles these crucial challenges, examining the competitive responses of the different players – both incumbents and new entrants – and the associated policy and regulatory issues.
Barcelona 3 (2021): Resilience of the Financial System to Natural Disasters, Patrick Bolton, Marcin Kacperczyk, Harrison Hong, Xavier Vives
The Covid-19 pandemic has exposed severe vulnerabilities in the global financial system, and serves as a cautionary tale for the potentially devastating effects that future natural disasters and climate change could cause to the world economy. The third report in The Future of Banking series tests precisely how resilient the financial system is to natural disasters and discusses what can be done to make it more resilient.