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The Impact of Innovation on the Efficacy of Central Banks

12/2/2014, 6:30 PM to 8:30 PM | German House New York

The Impact of Innovation on the Efficacy of Central Banks

• Women in Sovereign Entities (WSE)
• BNP Paribas
• Allianz Global Investors
• BNY Mellon

Innovations in financial markets, technology, and communications have had a profound impact on global financial markets as well as on central banks throughout the world. In the aftermath of of the financial crisis, central banks are being called upon to take up an ever-widening set of responsibilities, straining their operating maneuverability and raising concerns about independence.

Expert panelists addressed questions such as, how are central banks addressing the challenges posed by innovation? What is the "new normal" for central banks, and what are the implications for global financial markets?"

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  • Featured Speakers

    • Lord Mervyn King

      Former Governor, Bank of England; WSE Advisory Board Member

    • Christine Cumming

      First Vice President and COO, Federal Reserve Bank of New York

    • Barbara Novick

      Vice Chairman, BlackRock

    • Andreas Utermann

      Global Chief Investment Officer, Allianz Global Investors

    • Sefi Shliselberg (Introductory Remarks)

      President & Founder, Women in Sovereign Entities (WSE)

    • Jon E. Hilsenrath (Moderator)

      Chief Economics Correspondent, The Wall Street Journal