ECRI 10th Anniversary Conference - Retail Banking in Europe

Published in 
Wednesday, 10 June, 2009 - 09:00
CEPS - Centre for European Policy Studies 1 Place du Congrès / Congresplein 1000 Brussels

On Wednesday, 10 June 2009, the European Credit Research Institute in Brussels hosted a conference on the future of retail banking in Europe, addressing competition policy and regulatory challenges. The event, taking place at the premises of the Centre for European Policy Studies (CEPS) was chaired by Professor Christian Wey from the DIW Berlin and the Technische Universität Berlin.
Click here to download the programme.

Click here to download a zipped file containing all the presentations. Single presentations can be downloaded below each speaker's short biography.

Click here to download the minutes.


Christian Wey has been head of the Information Society and Competition Department at the German Institute for Economic Research (DIW) since December 2003. He also holds a Chair of Economics, in particular "Networks and Information & Communication Economics", at the Technische University Berlin. Previously, he was a Research Fellow at the Social Science Research Center Berlin (WZB). His research interests include industrial organisation theory and competition policy with a special focus on market power problems in input markets and network industries, subjects on which he has published articles in numerous journals, including the RAND Journal of Economics, European Economic Review, Economic Journal, Journal of International Economics, International Journal of Industrial Organization, and Applied Economics.


Georges Siotis is a member of the Chief Economist Team of the European Commission's DG Competition. Prior to joining DG COMP in July 2008, he was an Associate Professor of Economics at Universidad Carlos III de Madrid where he taught competition policy, industrial economics and international trade. He holds a PhD from the Université Libre de Bruxelles (ECARES) and he is a research affiliate at the London-based Centre for Economic Policy Research (CEPR). He has published in the Journal of International Economics, European Economic Review, Journal of Industrial Economics, International Journal of Industrial Organization, Journal of Economics and Management Strategy, Review of Law and Economics, Energy Policy and Research Policy.

Download: Georges Siotis - The current financial crisis and EU competition policies

Giancarlo Spagnolo is Professor of Economics at University of Rome "Tor Vergata", as well as Fellow at the Stockholm School of Economics (SITE) and the Einaudi Institute for Economics and Finance (EIEF), and affiliate of CEPR. He received an MPhil from the University of Cambridge and a PhD from the Stockholm School of Economics. He is also a Fellow of ENCORE and member of the Executive Committee of the European Association for Research in Industrial Economics (EARIE). His research interests and expertise include industrial organisation and competition policy, banking, corporate governance, game and contract theory and procurement. His work has been published in leading academic journals, such as the RAND Journal of Economics, Journal of Economic Theory and Journal of Public Economics.

Download: Giancarlo Spagnolo - Competition policy in retail banking before and after the crisis

 Hans Degryse has been Professor of Financial Intermediation and Markets at Tilburg University since 2005. He also holds the TILEC-AFM Chair on Financial Market Regulation and is a Research Fellow at the CESIfo in Munich. He received a Ph. D. in Economics from Leuven in 1995. His research interests include theoretical and empirical banking, market microstructure and the industrial organisation of financial markets, subjects on which he has published in many journals including the American Economic Review, Journal of Finance, Journal of Financial Economics, Journal of Financial Intermediation, Economic Journal and Review of Finance.

Download: Hans Degryse - The current financial crisis and competition in retail banking: insights from the academic literature


Roman Inderst is Professor of Finance and Economics at the Johann Wolfgang Goethe Universität Frankfurt am Main and Visiting Professor at the London School of Economics. He received his PhD from the Freie Universität Berlin in 1998. His research fields of specialisation are corporate finance, banking, competition policy and information economics, on which he has published extensively in journals such as Rand Journal of Economics, American Economic Review, Journal of Financial Economics and European Economic Review. Professor Inderst is the recipient of several grants, among them the ERC Advanced Grant for research on European perspectives on regulatory aspects of retail finance and consumer protection, beginning in May 2009. He was ranked no. 1 in the Handelsblatt 2008 Top 100 of most active economists in Germany and best researcher under 40 years of age.

Download: Roman Inderst - Rethinking regulation and consumer protection in the shadow of the financial crisis

Damien Gerard is currently a Research Fellow in the Department of European Law of the University of Louvain and a Visiting Lecturer in EC Competition Law at the University Paris V Descartes. The graduate from the University of Louvain, the College of Europe and New York University is a member of the New York Bar and fully qualified in Brussels where he practiced for five years with Cleary Gottlieb LLP. In 2003-04, Damien Gerard clerked for Judge Lenaerts of the European Court of Justice. His recent scholarship focuses on EC competition law enforcement and, in particular, the interaction between the European Commission and national competition authorities, on the one hand, and between EC competition law and internal market rules, on the other hand. He has published extensively in law and EU policy journals.

Download: Damien Gerard - The impact of the conditionality of bailout plans on credit institutions

Eric Ducoulombier is Deputy Head of Unit dealing with Payments Systems, Consumer Policy and Retail Financial Services at DG Markt in the European Commission. Born in 1962, Eric Ducoulombier studied European law at the University of Lille. He joined the European Commission in 1992 after having worked several years in a Brussels law firm. At the European Commission, his unit is, in particular, in charge of developing the Commission's retail financial services policy, including the policy on mortgage credit, and the Commission's policy on the single euro payments area (SEPA).

Download: Eric Ducoulombier - The European Commission's initiatives in retail banking

Event organized by Nicola Jentzsch and Marc Rothemund