I am in no position to judge the degree of “merriment and diversion” you have experienced during this annual meeting of the Institut International d’Etudes Bancaires – the 111th meeting since the Institute’s establishment. I am sure, however, that today’s sessions must have provided very useful opportunities to exchange views on current banking matters and major economic policy issues.
This increases  3/4  BIS - Central bankers' speeches  the risk that enterprises will no longer be able to service their debt as reliably as they have over the past few years. And alongside cyclical risks, operational risks also remain. Risks from the digital sphere, from levels of sickness among staff, from potential power outages, to name just three possible scenarios.