09:00‒09:45

Registration & Coffee

09:45-10:00

Welcome Address
Prof. François Degeorge, Managing Director, Swiss Finance Institute
Dr. Ingo Rauser, Senior Partner—Switzerland, Capco Institute

10:00‒11:10

Panel 1—How Technological Changes Affect the Evolution of IPO and Acquisition Activities

The number of firms listed on US stock exchanges has plummeted from more than 8'000 in the nineties to less than 4'000 today. What explains this trend? What is the role of technological changes? Should investors and bankers be concerned
and, if so, why? What does this tell us about the current market environment?

Presenter:
Prof. Laurent Frésard, Professor of Finance, Swiss Finance Institute & Università della Svizzera italiana

Panelists:

• Nick Bossart, Country Head and Head of Investment Banking—Switzerland, JP Morgan
• Didier Denat, Head of Corporate & Investment Banking, Credit Suisse (Schweiz) AG
• Patrick Voegeli, Head of Corporate and Institutional Banking, BNP Paribas (Suisse) SA
• Roger Studer, Head of Investment Banking, Vontobel

Chairman:

Andre Brunner, Partner - Switzerland, Capco

11:10‒11:40

Coffee Break

11:40‒12:50

Panel 2—Passive Asset Management and Corporate Governance
Passively managed funds received hundreds of billions in cumulative net new cash, much of it from outflows out of actively managed equity mutual funds. The dramatic increase in the ownership of corporations by passively managed funds raises the question to what extent passively managed funds have the capacity and interest to oversee corporations. 

Presenter:
Prof. Ruediger Fahlenbrach, Associate Professor of Finance, Swiss Finance Institute & École Polytechnique Fédérale de Lausanne

Panelists:

• Urban Angehrn, Group Chief Investment Officer, Zurich Insurance Group
• Isabelle Bourcier, Global Head of Quantitative & Index, BNP Paribas Asset Management
• Yves Bonzon, Head Investment Management and Chief Investment Officer, Julius Baer
• Sandro Streit, Head of Asset Management, Schweizerische Nationalbank
• Michael Strobaek, Global Chief Investment Officer, Credit Suisse

Chairman:
Dr. Ingo Rauser, Senior Partner—Switzerland, Capco Institute

12:50‒13:50

Lunch

13:50‒15:00

Panel 3—Auditors` Response to Higher Capital Requirements for Banks: Evidence from a Quasi-Natural Experiment
Banks are subject to capital requirement changes all the time. When this happens, on whose side will banks' auditors be, given that many accuse them of conflicts of interest as a result of their providing not only auditing but also consulting services to these institutions?

Presenter:
Prof. Steven Ongena, Professor of Banking, Swiss Finance Institute & University of Zurich

Panelists:

• Frederic Boissay, Monetary and Economic Department, Financial Systems & Regulation, BIS
• Philippe Clémençon, Chief Risk Officer, Credit Suisse (Schweiz) AG
• Daniel Martin, Partner, EMIEA Leader for Prudential Competency, EY
• Gernot Mittendorfer, Chief Financial Officer, Erste Group Bank AG
• Bertrand Rime, Director—Financial Stability, Schweizerische Nationalbank

Chairman:
Andrea Hoffmann, Senior Partner, Capco

15:00‒15:15

Coffee Break

15:15‒16:00

Keynote Speech—Quo Vadis Financial Market Infrastructure?—Challenges and Opportunities
Dr. Romeo Lacher, Chairman of the Board, SIX, and Vice-Chairman of the Foundation Board, Swiss Finance Institute

Chairman:
Prof. François Degeorge, Managing Director, Swiss Finance Institute

16:00‒17:00

Cocktails