Andreas Dombret: Banking diversity and regulation – do we need more proportionality in banking regulation? Speech by Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, at the Banking Industry Conference of the People’s Banks and Raiffeisen Banks, Berlin, 8 June 2016. * 1.
*  *  Introduction  Ladies and gentlemen, dear Mr Hofmann What do the Galapagos Islands and Germany have in common? Not the weather – that’s for sure. But both are hotbeds of diversity – areas in which a particularly diverse range of species live. Whereas the Galapagos Islands are a hotbed of biodiversity, Germany is a hotbed of banking diversity.