Banks in Europe today must navigate a new environment of rising interest rates, changing customer priorities and recession risk. Central banks continue to tighten monetary policy to tame inflation, and economies around the continent may register negative economic growth in 2023. Smart management of lenders’ funding needs and lending profiles is essential if they are to remain profitable and competitive. Join our panel of experts as they explore what the market will be watching for and how banks can react to fast-moving geopolitical events and regulatory changes. In this webinar we will discuss: How the repayment of TLTRO throughout 2023 will impact banks' funding What rising interest rates mean for lenders’ ability to raise MREL funding and its pricing Whether rising rates will compel banks to adjust dividend policy to remain investable Why competition for deposits may increase as banks pass on rates to borrowers How banks can cope with shortcomings in credit risk management and the risk of future bad loans What opportunities are available to banks amidst the challenges |
|
Alessandro Lolli Head of Group Treasury and Finance Intesa Sanpaolo Alessandro Lolli is Head of Intesa Sanpaolo Group Treasury and Finance Department since December 2018, reporting to the Group CFO. Graduated with honors in Economics at La Sapienza University of Rome in 1990; in 1999 attended the Middle Management Banking Programme at Insead in Fontainebleau. After a short period at Banco di Sicilia as credit analyst in 1991, he worked in the Treasury Department of Istituto Mobiliare Italiano, holding various positions as derivatives trader and financial engineer until 1998, when he was appointed Head of the Foreign Treasury & Derivatives. In 2000, following the merger with Istituto Bancario Sanpaolo of Turin, he assumed responsibility for Derivatives & Structured Transactions; subsequently he became Head of Group's Asset Liability Management. After the merger with Intesa Sanpaolo, he was appointed Head of Group Active Value Management & Structured Transactions. From 2014 to 2018 he was Head of the Group Planning, Capital Management & Strategic ALM. In December 2018 he took the current position, which includes: Treasury, ALM, Funding and strategic transactions (eg. buy-backs; stock options). He manages a team of 230 people, based mainly in Milan but also in the main international financial centers (New York, London, Paris, Singapore).He’s voting member in the Group ALCO Committee and serves as technical support member of the Executive Management Committee. |
|
Natasha McSwiggan Senior Economist, Banking Risk Service S&P Global Market Intelligence Natasha McSwiggan is a Senior Economist in the Banking Risk team at S&P Global Market Intelligence, based in London. She analyses banking sector risk and provides forecasts on key balance sheet indicators for banking sectors in Emerging Europe and the broader global financial sector. Prior to joining the Banking Risk team, Natasha worked at Ceres Securities Ltd a boutique financial services company. Natasha holds a Bachelor of Science degree in Economics from the University of York and a Master’s in Economics from the University of Surrey. |
|
Ben Meggeson News Manager S&P Global Market Intelligence Ben Meggeson is head of S&P Global Market Intelligence’s EMEA financials news team. Having joined the London bureau of SNL Financial (before its acquisition by S&P Global) in 2008, Ben has been reporting and editing award-winning financial sector-focused news for audiences on both sides of the Atlantic. A British citizen, with an MA in English Literature from Edinburgh University, Ben is currently based in The Hague. |
|
ABOUT THE EUROPEAN BANKING FEDERATION The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The federation is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere. Website: www.ebf.eu |
|
|
ABOUT S&P GLOBAL MARKET INTELLIGENCE S&P Global Market Intelligence integrates financial and industry data, research and news into tools that help track performance, assess credit risk, understand competitive and industry dynamics, generate alpha, identify investment ideas, and perform valuation. S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). For more information, visit www.spglobal.com/marketintelligence Twitter: @SPGMarketIntel |
|
|
|