The Federal Reserve and the Bundesbank have a long history. I believe there is a trust between us that is the basis for collaboration. I look forward to working with you to make the financial system safer and stronger. Thank you.
2  Board of Governors of the Federal Reserve System (2011), “Federal Reserve Board proposes steps to strengthen regulation and supervision of large bank holding companies and systemically important nonbank financial firms”, press release, December 20. BIS central bankers’ speeches  3