Global Financial Forum: Building a New Financial Order

Event offered by:
Foreign Policy Association
BritishAmerican Business
Chatham House

Event Details

Date:
Monday, April 26, 2010
9:00 AM - 4:00 PM 
Location:
Citicorp Conferencing Center
388 Greenwich St
New York, NY
Event type
Lecture / Panel  

Event Transcripts and Video

The Foreign Policy Association, BritishAmerican Business, and Chatham House hosted a Global Financial Forum titled "Building a New Financial Order," on April 26, 2010, at Citicorp Conferencing Center in lower Manhattan. The event brought together leading policymakers, regulators and financiers to discuss the future of the financial services industry, and the measures needed to avoid future crises.

Governments worldwide have taken steps to relaunch economic growth and boost investment prospects. They must balance these goals against the need to regain control over public finances and promises to ensure financial stability in the future.

What is necessary to create a new, more stable global financial order and how far will global cooperation extend? Will new financial regulatory rules ensure high rates of economic growth or will they hamper investment and beneficial financial innovation? To what extent is it possible to prevent future financial crises, or are crises too deeply rooted in fallible human behavior?

The conference examined the impact of the stimulus and regulatory measures enacted by governments worldwide and considered the outlook for the global economy. It outlined the likely future shape and robustness of the global financial services industry, discussed the measures necessary to restore global financial stability and debated the implications of government intervention and guarantees in ensuring future economic growth.

AGENDA

Registration will begin at 8:30 AM

9:00 AM Session One: Rebalancing the Global Economy: Overview

Chair Dr. Robin Niblett Director, Chatham House

OPENING REMARKS

Gary Von Lehmden Deputy Chairman, BritishAmerican Business, Managing Director, Citigroup

Christine Lagarde Minister of Economy, Industry & Employment, France

Nouriel Roubini Professor of Economics, New York University; Chairman, Roubini Global Economics

 

10:50 AM Session Two: Restructuring the Financial Sector

Chair Dr. DeAnne Julius Chairman, Chatham House

Robert P. Kelly Chairman and Chief Executive Officer, BNY Mellon

Duncan L. Niederauer Chief Executive Officer, NYSE Euronext

Ethiopis Tafara Director, Office of International Affairs, US Securities and Exchange Commission

Jaime Caruana General Manager, Bank for International Settlements

Barnabas Reynolds Partner & Head of Financial Institutions Advisory and Financial Regulatory Group, Shearman & Sterling LLP

 

1:30 PM Lunchtime Address

Chair John Keller Partner, Financial Services, Ernst & Young LLP

Vikram S. Pandit Chief Executive Officer, Citigroup, Inc.

 

2:30 PM Session Three: Restoring Financial Stability

Chair Robert Thomson Managing Editor,Wall Street Journal

Charles Collyns Asst. Secretary for International Finance, Office of International Affairs, US Department of the Treasury

Sean Hagan General Counsel and Director of the Legal Department, International Monetary Fund

Fabrizio Saccomann Director General, Banca d'Italia

Paola Subacchi Research Director, International Economics, Chatham House

CLOSING REMARKS

Noel V. Lateef President and Chief Executive Officer, Foreign Policy Association

 

Christine Lagarde Minister of Economy, Industry & Employment, France

 

 

Nouriel Roubini Professor of Economics, New York University; Chairman, Roubini Global Economics