That was a serious problem, given how important banks are for the economy. A meltdown of the banking system would have been fatal for the economy. And it would also have been a problem for monetary policy and price stability. After all, the banks transmit standard monetary policy to the real economy.
I am in no doubt that discussions involving people from these very different groups are beneficial for all of them. However, I am also aware that it is not always easy to initiate such discussions. This conference has also been very successful in this respect.