Program
Fragmentation, Systemic Risk, and the Future of Central Banking
Finsbury Square Building, 33 Finsbury Square, London, EC2A 1AG
9–10 October 2026
- October 9th 2026
DAY 1: October 9th 2026
13:30 – 14:00 Registration and Coffee 14:00 – 14:10 Opening Remarks – Barbara Casu and Rym Ayadi 14:10 – 15:10 Session 1: Keynote Address Chair Francesc Rodriguez-Tous (Bayes Business School) Speaker
Frederic Malherbe (University College London) Title: Bank Regulatory Capital: A Granular Approach
15:10 – 15:25 Break 15:25 – 16:45 Session 2: Bank Lending Chair Angela Gallo (Bayes Business School) Under Pressure: Time Constraints and Loan Officer Performance Dimitris Chronopoulos (University of St Andrews), Trang Do (University of St Andrews), John O.S. Wilson (University of St Andrews)
Discussant Francesc Rodriguez-Tous (Bayes Business School) Geopolitical Risk and Lending: Evidence from U.S. Technology Export Controls and the Market for Syndicated Loans Fabiana Gomez (University of Bristol), Doni Prasetyo (University of Bristol), Klaus Schaeck (University of Bristol)
Discussant Marco Giometti (Universidad Carlos III de Madrid) 16:45 – 17:00 Break 17:00 – 18:20 Session 3: Systemic Risk Chair Barbara Casu (Bayes Business School) Is Cyber Risk Systemic? Evidence from Corporate Data Breaches George Kladakis (University of St Andrews), Alexandros Skouralis (University of Reading)
Discussant Joe Gong (Bayes Business School) Deposit Reallocation, Liquidity and Systemic Risk in Banking Networks Edoardo Gaffeo (University of Trento), Lucio Gobbi (University of Trento), Alessandro Sulas (University of Basel)
Discussant Eduardo Maqui (Bank of England) Dinner (by invitation only) - October 10th 2026
DAY 2: October 10th 2026
09:00 – 09:15 Registration and Coffee 09:15 – 11:15 Session 4: Institutional Responses to Regulation and Policy Chair Joe Gong (Bayes Business School) The Impact of Mortgage Collateralization on Bank Capital: Evidence Beyond Regulatory Mandates Felix Irresberger (Durham University), Francesco Vallascas (Durham University)
Discussant Angela Gallo (Bayes Business School) Net Stable Funding Ratio and Bank’s Cost Efficiency: Evidence from the European Union Francois Benhmad (University of Montpellier), Imtynan Khalifeh (University of Montpellier), Chawki El Moussawi (Lebanese University), Whelsy Boungou (Paris School of Business)
Discussant Doriana Cucinelli (University of Parma) When Policy Uncertainty Pays: Green Industrial Policy Uncertainty and Corporate Green Transition Dongqiang Liang (Bayes Business School), Alessandra Guariglia (University of Birmingham)
Discussant Min Park (University of Bristol) 11:15 – 11:30 Break 11:30 – 13:00 Session 5: Industry Panel Discussion Moderator
Panellists
Towards an Inclusive and Diverse Financial Market Architecture Rym Ayadi (President, Euro-Mediterranean Economists Association (EMEA); Professor, Bayes Business School)
Kathleen Tyson (Consulting Principal, Granularity Ltd)
Barbara Casu (Director, Centre for Banking Research, Bayes Business School; Advisor, EMEA)
Moez Souissi (Deputy Director, Monetary and Capital Markets Department, International Monetary Fund)
Ese Owie (Senior Advisor, Remaking Trade; Advisor, EMEA)
Iyabo Masha (Director and Head of G-24 Secretariat)
Dileimy Orozco (Head of Programmes, Quadrature Climate Foundation)
13:00 – 13:15 Closing Remarks Note: Each paper is allocated 40 minutes: 25 minutes for the presentation, 10 minutes for the discussant, and 5 minutes for Q&A.
Program
Fragmentation, Systemic Risk, and the Future of Central Banking
Finsbury Square Building, 33 Finsbury Square, London, EC2A 1AG
9–10 October 2026
- October 9th 2026
DAY 1: October 9th 2026
13:30 – 14:00 Registration and Coffee 14:00 – 14:10 Opening Remarks – Barbara Casu and Rym Ayadi 14:10 – 15:10 Session 1: Keynote Address Chair Francesc Rodriguez-Tous (Bayes Business School) Speaker Frederic Malherbe (University College London) Title: Bank Regulatory Capital: A Granular Approach
15:10 – 15:25 Break 15:25 – 16:45 Session 2: Bank Lending Chair Angela Gallo (Bayes Business School) Under Pressure: Time Constraints and Loan Officer Performance Dimitris Chronopoulos (University of St Andrews), Trang Do (University of St Andrews),
John O.S. Wilson (University of St Andrews)Discussant Francesc Rodriguez-Tous (Bayes Business School) Geopolitical Risk and Lending: Evidence from U.S. Technology Export Controls and the Market for Syndicated Loans Fabiana Gomez (University of Bristol), Doni Prasetyo (University of Bristol),
Klaus Schaeck (University of Bristol)Discussant Marco Giometti (Universidad Carlos III de Madrid) 16:45 – 17:00 Break 17:00 – 18:20 Session 3: Systemic Risk Chair Barbara Casu (Bayes Business School) Is Cyber Risk Systemic? Evidence from Corporate Data Breaches George Kladakis (University of St Andrews), Alexandros Skouralis (University of Reading)
Discussant Joe Gong (Bayes Business School) Deposit Reallocation, Liquidity and Systemic Risk in Banking Networks Edoardo Gaffeo (University of Trento), Lucio Gobbi (University of Trento),
Alessandro Sulas (University of Basel)Discussant Eduardo Maqui (Bank of England) Dinner (by invitation only) - October 10th 2026
DAY 2: October 10th 2026
09:00 – 09:15 Registration and Coffee 09:15 – 11:15 Session 4: Institutional Responses to Regulation and Policy Chair Joe Gong (Bayes Business School) The Impact of Mortgage Collateralization on Bank Capital: Evidence Beyond Regulatory Mandates Felix Irresberger (Durham University), Francesco Vallascas (Durham University)
Discussant Angela Gallo (Bayes Business School) Net Stable Funding Ratio and Bank’s Cost Efficiency: Evidence from the European Union Francois Benhmad (University of Montpellier), Imtynan Khalifeh (University of Montpellier),
Chawki El Moussawi (Lebanese University), Whelsy Boungou (Paris School of Business)Discussant Doriana Cucinelli (University of Parma) When Policy Uncertainty Pays: Green Industrial Policy Uncertainty and Corporate Green Transition Dongqiang Liang (Bayes Business School), Alessandra Guariglia (University of Birmingham)
Discussant Min Park (University of Bristol) 11:15 – 11:30 Break 11:30 – 13:00 Session 5: Industry Panel Discussion Moderator Panellists
Towards an Inclusive and Diverse Financial Market Architecture Rym Ayadi (President, Euro-Mediterranean Economists Association (EMEA); Professor, Bayes Business School)
Kathleen Tyson (Consulting Principal, Granularity Ltd)
Barbara Casu (Director, Centre for Banking Research, Bayes Business School; Advisor, EMEA)
Moez Souissi (Deputy Director, Monetary and Capital Markets Department, International Monetary Fund)
Ese Owie (Senior Advisor, Remaking Trade; Advisor, EMEA)
Iyabo Masha (Director and Head of G-24 Secretariat)
Dileimy Orozco (Head of Programmes, Quadrature Climate Foundation)
13:00 – 13:15 Closing Remarks Note: Each paper is allocated 40 minutes: 25 minutes for the presentation, 10 minutes for the discussant, and 5 minutes for Q&A.