Fernando Rodríguez | “All the risk committees of every company list them exhaustively in their reports, and nobody had foreseen the risk of the pandemic. Everything was done by looking at the past. Of course the concept of risk has changed,” explains William Connelly, Chairman of the Supervisory Board of AEGON, Vice Chairman of Amadeus, Director of Société Générale and Singular Bank. “How do you manage that? There are two parts. One is immediate risk. Then the strategic risk”, he adds.Read More
Manuel Moreno Capa | “The concentration of entities is a mantra of the ECB and the EBA. For me it is not evident that the reduction of costs -slow and expensive- is going to make profitability appear where there is none. Caixabank and Bankia are the outcome of several large mergers and takeovers from the 2009 round. Therefore they have not overcome their difficulties,” said Santiago Fernández Valbuena, president of Aedas Homes, vice-president of EBN Bank and director of Ferrovial.