After the financial crisis in 2008, financial institutions have been suffering drastic changes due to the regulatory adjustments within the industry.
In a constantly changing environment it is of strategic importance that banks adapt their businesses to higher capital requirements, low interest rates, the internet era and the new banking landscape. It is undeniable that keeping up with regulatory changes and responding to supervisory requests has been a challenge for European institutions, specially during the post crisis years. Santander, is a pioneer in the development of a specific unit to manage and implement projects of regulatory tenure.
Gianluca Vidili, Director of the Regulatory Projects Control and Coordination unit, explained how the financial crisis originated, how the market and regulators responded to the crisis and how Santander tackles the challenges of the new regulatory environment in order to focus on their main business goals.
It was a great pleasure to receive Gianluca Vidili, from Santander, at IE.
IE Finance and Capital Markets Club