Pressure building on Bundesbank over ECB asset purchase plans, Housing finance is a pillar of sustainability, and more
THE WEEKEND REVIEW – OMFIF
Latest opinion and analysis from OMFIF around the world
24-28 May 2021, Vol.12 Ed.21
Pressure building on Bundesbank over ECB asset purchase plans: Pressure is mounting on the German Bundesbank to seek to head off further expansion of ECB asset purchases, as anxiety deepens in Germany about economic overheating and higher inflation in the US and Europe. Behind-the-scenes ECB wrangling, likely to surface at the next governing council meeting on 10 June, could expose the 22-year-old single currency to one of its greatest tests as Europe emerges at disparate speeds from the pandemic, writes David Marsh.
Housing finance is a pillar of sustainability: Home is the nexus between our private interests and society, and a sustainable economy must be built around this concept. Capital and mortgage markets are essential to guaranteeing fair societies. Their smooth functioning is not only economically significant but politically relevant, writes Luca Bertalot.
DLT and the future of public blockchains: Public blockchains are becoming more accepted across financial services and use cases are growing. These blockchains offer scalability, cost saving, speed, security and transparency in transactions. This panel discusses the applications of public blockchains within finance, exploring digital representations of commercial money.
Gender diversity in leadership in the financial system: Helena Adegas, head of markets, Banco de Portugal, and Adriana Pierelli, managing director, global client management and head of ESG for BNY Mellon’s Milan branch, speak to OMFIF’s Emma McGarthy about the importance of gender diversity in decision-making for better investment returns and risk management.
Disjointed digitalisation holds back banking innovation: As banks introduce more technology, their IT landscapes become more complex, automated and disconnected from operational business processes. Effective process management will accelerate innovation in legacy banking, allowing institutions to stay competitive and satisfy regulators, writes Gero Decker.