CfP Deadline Date: March 15, 2018
Conference Event: June30-July2, 2018
Event Location: Porto Business School, University of Porto, Porto, Portugal
Keynote speaker: Dr. Carlos da Silva Costa (Governor of Bank of Portugal), Alan Morrison (Saïd Business School, University of Oxford)
Organizer: International Finance and Banking Society (IFABS)
It has been ten years since the U.S. mortgage market collapsed, the credit crunch squeezed liquidity out of the markets world-wide and triggered the collapse of many iconic financial institutions. The unprecedented financial distress and, subsequent, economic slowdown have been deeply felt around the world. Even now, after ten years of regulatory changes and numerous economy stimulating packages, the world economy has not fully recovered from the losses caused by the 2008 financial crisis. Even though the 2008 financial crises made us financially worse off, it taught us many valuable lessons about the role of regulation, risk management, banking competition, etc. In addition, it reminded us dramatically how deeply financial institutions are imbedded in the everyday life of businesses and individuals, and how integrated and interrelated financial markets of individual countries are, regardless whether they are developed or emerging.
However, it would be a great simplification to restrict the contribution of the last ten years to the lessons learnt from the 2008 financial crisis and from post-crisis stabilisation reforms. Fintech, FinReg, green finance and many other terms have grown from being trendy catch-words to becoming big and independent research fields. Moreover, we have not totally shaken off the possibility of experiencing another financial crisis. This time, however, it would not be the banking sector that would trigger the snowball of financial distress, but the pension industry, commonly thought to be ‘sensible’ long-term investors, conscientious institutional investors who would contribute to improving corporate governance in and transparency of markets.
So here we go again! We are organising another great conference that will bring academics and practitioners together in the effort to share our knowledge, experience and research.