Workshop on financial stability and banking

Reserve Bank of New Zealand Workshop held on 27 April 2004

This workshop aims to generate discussion around how banks operate and compete with one another, how to think about ways in which economic shocks might affect banks, and how regulators can deal with banks that are under stress.

The participants at the workshop come from a variety of backgrounds and institutions: members of academia, of the banking and financial services industries, and of policy institutions will be involved in the discussion at the workshop. The presentations at this workshop will cover a mixture of conceptual and empirical work in these areas, and will address recent thinking on some of these issues as well as discussing New Zealand's recent experience of "stress-testing" banks.

Programme and papers

27 April 2004

Seminar room, 2nd Floor

Reserve Bank of New Zealand

Chair: Adrian Orr, Reserve Bank of New Zealand

9:00-9:30am

Arrival, coffee

 
     

9:30-9:40am

Welcome

 
 

Alan Bollard, Governor, Reserve Bank of New Zealand

 
     

Two perspectives on competition and efficiency

9:40-10:20

Competition and organisational and market structures in banking

 
 

Lew Evans, Victoria University of Wellington and Institute for the Study of Competition and Regulation

 

10:20-10:30

Discussant: Peter Mumford, Ministry of Economic Development

 

10:30-10:40

General discussion

 
     

Coffee break

   
     

11:00-11:40

Efficiency in integrated banking markets - Australia and New Zealand (PDF 202KB)

 
 

David Tripe, Massey University

 

11:40-11:50

Discussant: John Owens, Victoria University of Wellington

 

11:50-12:00

General discussion

 
     

Lunch

   
     

Bank problem resolution

 

1:00-1:40

Too big to fail in U.S. banking: quo vadis? (PDF 152KB)
Banking regulation and foreign-owned banks (PDF 134KB)

 
 

George Kaufman, Loyola University Chicago

 

1:40-1:50

Discussant: Phil Lowe, Reserve Bank of Australia

 

1:50-2:00

General discussion

 
 

A perspective on bank capital

2:00-2:40

Is bank capital expensive?

 
 

Ian Harrison, Reserve Bank of New Zealand

 

2:40-2:50

Discussant: Glenn Boyle, Institute for the Study of Competition and Regulation

 

2:50-3:00

General discussion

 
     

Coffee break

   
     

Two perspectives on stress testing

3:20-3:40

Stress testing the New Zealand banking system

 
 

Ian Woolford, Reserve Bank of New Zealand

 

3:40-4:00

A banker's reactions to the stress-testing exercise

 
 

Michael Lau, ANZ Banking Group (New Zealand) Limited

 

4:00-4:10

General discussion

 
     

Closing panel discussion

4:10-5:00pm

Closing panel discussion

 
 

General discussion

 
     

Contact details

Willy Chetwin
Reserve Bank of New Zealand
PO Box 2498
Wellington
New Zealand

Email: chetwinw@rbnz.govt.nz

Telephone: 64 4 471 3805
Fax: 64 4 473 3262