Admission Price: Free - Event is by invitation only.
Speaker: Lord Griffiths of Fforestfach, International Adviser, Goldman Sachs
Series: Mais Lecture
“Restoring Trust in the Banking System”
Trust in the banking system plummeted following the 2008 financial crisis which was the worst the industrial world has ever witnessed. This was followed by a painful period of austerity, the Great Contraction. This lecture looks at the challenges of restoring trust in commercial banks, the reforms which have been made to the regulation of the banking system and sentence the independence of central banks.
Lord Griffiths of Fforestfach
Brian Griffiths (Lord Griffiths of Fforestfach) taught economics at the London School of Economics from 1965-76, set up the Centre for Banking and International Finance at The City University in 1977 before becoming the Dean of its Business School in 1982. He was a non-executive director of the Bank of England (1982-1985) and served as Head of the Number 10. Downing Street Policy Unit (1985-1990). Since then he has been an International advisor and more recently a Director of Goldman Sachs International and has also sat on a number of company Boards. He has been a member of the House of Lords Select Committee on Economic affairs, Chaired the Archbishop of Canterbury’s Lambeth Trust and is at present the Chairman of the Centre for Enterprise, Markets and Ethics based in Oxford.
The annual Mais lecture is regarded as the City of London’s foremost event for the banking and finance community, and is attended by senior practitioners and academics. Since its inception in 1978, the Mais has maintained a tradition of prestigious speakers such as Mark Carney, Tony Blair, Gordon Brown, Mervyn King and George Osborne.
This event is by invitation only.