The Evolving Landscape of Bank Funding
This conference hosted by the Federal Reserve banks of Dallas, Atlanta and Cleveland brought together academics, bankers and policymakers to explore the evolving landscape of bank funding in an era of technological advancement and economic change. The conference program focused on the trade-offs between the different sources of contingent liquidity funding available to banks, and financial stability considerations associated with contemporary depositor practices. It also provided a fresh perspective on the 2023 banking turmoil and the larger history of the interaction between supervision and banking.
| Thursday, October 30 | |
| 11:30 a.m. | Registration |
| 12:00 p.m. | Lunch |
| 1:00 p.m. |
Welcome Lorie Logan, Federal Reserve Bank of Dallas |
| 1:15 p.m. |
Session 1: Interaction between the discount window and FHLB This session explores the trade-offs between the different sources of contingent liquidity funding available to banks. Anil Kashyap, University of Chicago | Presentation Victoria Ivashina, Harvard University | Presentation Sanjay Bhasin, Federal Home Loan Bank Dallas | Presentation Moderator: Scott Frame, Bank Policy Institute |
| 2:20 p.m. |
Fireside chat Randal Quarles, The Cynerose Group Moderator: Michael Johnson, Oliver Wyman |
| 2:50 p.m. | Break |
| 3:20 p.m. |
Session 2: Depositors: Reliable or flighty? This session illustrates recent depositor behavior and explores financial stability considerations associated with contemporary depositor practices. Yiming Ma, Columbia University | Presentation Amiyatosh Purnanandam, University of Texas at Austin | Presentation Itay Goldstein, University of Pennsylvania | Presentation Moderator: Skander Van den Heuvel, Federal Reserve Board of Governors |
| 4:25 p.m. |
Session 3: Moderated discussion among bankers Stasie Kostova, Comerica Bank Tim Schmidt, Key Bank Mike Verdeschi, Schwab Moderator: William Chittenden, Southern Methodist University |
| 5:25 p.m. | Reception |
| 6:00 p.m. |
Dinner and keynote address Darrell Duffie, Stanford University Introduction: Mark Wynne, Federal Reserve Bank of Dallas |
| 7:00 p.m. | Adjourn |
| Friday, October 31 | |
| 8:00 a.m. | Breakfast |
| 8:30 a.m. |
Opening remarks Lorie Logan, Federal Reserve Bank of Dallas |
| 8:50 a.m. | Fireside chat Alesia Haas, Coinbase Moderator: Rodney Garratt, UC Santa Barbara |
| 9:30 a.m. | Break |
| 9:50 a.m. |
Session 4: The role of bank supervision This session provides a fresh perspective on the 2023 banking turmoil and the larger history of interaction between supervision and banking. Introduction: Charles Cooper, Texas Banking Commissioner Jonathan Rose, Federal Reserve Banks of Chicago and St. Louis | Paper Beverly Hirtle, Federal Reserve Bank of New York | Presentation Peter Conti-Brown, University of Pennsylvania Moderator: Mark Carey |
| 11:00 a.m. |
Fireside chat Beth Hammack, Federal Reserve Bank of Cleveland Raphael Bostic, Federal Reserve Bank of Atlanta Moderator: Brian Cheung, NBC News |
| 12:00 p.m. |
Closing remarks and box lunch Mark Wynne, Federal Reserve Bank of Dallas |
For more information
Contact Sharon Wallace at sharon.wallace@dal.frb.org.