Illiquid bank assets in Europe: what to know, what to do

Milan November 30
Catholic University, Largo Gemelli 1,


9:00 Registration and welcome coffee

9:20 Welcome address
Elena Beccalli – Dean of the Faculty of Banking, Finance and Insurance Sciences - Catholic University and Silvia Ghielmetti, General Manager - CRIF

9.30 Part I: presentation of two empirical studies on bank illiquid assets

Non performing loans and the supply of bank credit: evidence from Italy
Piergiorgio Alessandri, Advisor at the Financial Stability Directorate, Directorate General for Economics, Statistics and Research - Bank of Italy

Alessandro Penati, Chairman - Quaestio Capital

Risk and challenges of complex financial instruments: an analysis of SSM banks 
Rosario Roca, Directorate General for Financial Supervision and Regulation - Inspectorate Directorate, "Senior Inspector" - Bank of Italy

Daniel Gros, Director – Centre for European Policy Studies

10:40 Coffee Break

11:00 Part II: panel discussion

Chairman: Giovanni Petrella, Professor - Catholic University and ESMA Stakeholder Group

Santiago Fernández de Lis, Head of Financial System and Regulation - BBVA and Chairperson - EBA stakeholder group
Roberto Gualtieri, Chairman, ECON Committee - European Parliament
Fabio Panetta, Deputy Governor - Bank of Italy
Andrea Resti, Professor - Bocconi University
Alastair Ryan, European Bank Equity Analyst - Bank of America Merrill Lynch

12:45 Q&A

13:15 Buffet Lunch