Global Financial Forum

The Financial Crisis: Taking stock and looking ahead

27 April 2009 - 12:00am to 28 April 2009 - 12:00am

Chatham House, London



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Audience profile

This international conference will be looking at the future of the financial services industry after the global crisis.

In partnership with British American Business and Foreign Policy Association

Babi FPA logo

Examining the fallout from the credit crisis

The conference in New York will be examining the fallout from the credit crisis. The crisis has thrown up many questions regarding economic policies, regulatory shortcomings and business practice on Wall Street and indeed throughout the world.

As for all our events, the conference will bring together leading international policymakers, regulators and financiers to discuss this pressing issue.

0800 Registration and continental breakfast

Session One

  • Are current policy interventions working?
    o How effective are the monetary policy tools in play?
    o Will central banks continue their role as market stability regulator and lender of last resort?
    o How effective has government intervention in currency markets proved to be?
    o Does moral hazard remain an issue?

0900 Opening keynote address
Christine Lagarde
Minister of Economy, Finance and Employment, France

Lord Turner
Financial Services Authority, UK

Duncan L Niederauer
Chief Executive Officer
NYSE Euronext

Stephen G Cecchetti
Economic Adviser and Head of the Monetary and Economic Department
Bank for International Settlements

1015 Questions and discussion

1100 Refreshments

Session Two

  • What global regulatory systems are needed to prevent future crises?
  • The role of auditors in financial services: is any reform desirable?

1120 Andrew Crockett
JPMorgan Chase International

Brendan Nelson
Global Chairman, Financial Services

William M Isaac *in principle
Chairman, The Secura Group of LECG
and former Chairman, Federal Deposit Insurance Corporation

Eric R Dinallo (invited)
New York State Insurance Department

Deven Sharma
Standard and Poor's

1235 Questions and discussion

1300 Lunch at New York Federal Reserve

Lunchtime keynote address
Jean-Claude Trichet
European Central Bank

Moderator Robert Thomson
Managing Editor
Wall Street Journal

Session Three

  • What is the future of the financial services industry?
    o How do financial institutions emerge stronger from this crisis?
    o Is the investment banking model dead? Are we witnessing a return to the universal banking model?
    o What is the future of hedge funds and private equity funds?
    o Do recent developments spell the end of Wall Street bonuses?

1430 Panel discussion
Eugene A Ludwig
Founder and CEO, Promontory Financial Group LLC
and former US Comptroller of the Currency

Sir Deryck Maughan
Chairman of Japan
Kohlberg Kravis Roberts & Co LP

Gary Parr
Deputy Chairman

1600 Closing keynote address
Timothy F Geithner (invited)
United States Secretary of the Treasury

1630 End of conference

© The Royal Institute of International Affairs 2009

This conference will offer a unique opportunity to network with senior officials from businesses, government and academic institutions.

Our previous conference 'New Financial Frontiers' in April 2008 saw delegates from the following companies and institutions:

Aegis Defence Services
Airbus UK
Australian High Commission
Autorité des Marchés Financiers
Banca D'Italia
Banco Mercantil
Bank of England
Bank of Japan
BP plc
Brevan Howard Asset Management
BT Wales
Canadian High Commission
City of London
Clifford Chance
Commonwealth Secretariat
Credit Suisse
Croatian National Bank
Crown Agents
Daiwa Securities SMBC Europe Limited
Department for Business, Enterprise & Regulatory Reform (BERR)
DLA Piper UK
Embassy of Chile
Embassy of Egypt
Embassy of Luxembourg
Embassy of the People's Republic of China
Embassy of the Republic of Hungary
Embassy of the United States of America
Eschelon Inst
European Finance House
Financial Services Authority
Freshfields Bruckhaus Deringer
High Commission of India
HM Treasury
Huawei Technologies
Hungarian Competition Authority
ICI plc
ING Group
Japan Bank for International Cooperation (JBIC)
Johann Wolfgang Goethe University
Lehman Brothers Limited
Loan Market Association
London Investment Banking Association (LIBA)
London South Bank University
London Stock Exchange
M&G Group
Medicapital Bank
Mitsubishi UFJ Securities International
Morgan Stanley International Limited
Newcastle University (Law School)
PPP Forum
PricewaterhouseCoopers LLP
Québec Government Office
Reserve Bank of Australia
Royal Bank of Scotland
Royal Embassy of Saudi Arabia
Siemens plc
Spanish Embassy
Standard & Poor's
Standard Chartered Bank plc
State Street Global Advisors
Strategic Dimensions
The World Bank
UBS Limited
UK Trade and Investment
US Department of the Treasury