This isn’t just convenient for those of you who decided to walk from the University to the headquarters of the Deutsche Bundesbank. Having a walking distance between the Bundesbank and the Goethe University also facilitates exchange and cooperation between the two institutions, which both have a strong stake in financial market and regulation research.
I value this exchange very highly and I am convinced that cooperation in this field is indeed a very good idea. I therefore also would like to thank the SAFE Center at the Goethe University, who has organised this conference together with the Deutsche Bundesbank. I would also like to extend a particularly warm welcome to all of the contributors to today’s conference sessions.