"Where there is danger, a rescuing element grows as well"
· François Villeroy de Galhau, Governor of the Banque de France (France)
Summary written by Dark Majestic in its own words · topics: financial stability, growth, investment and productivity, technology, ai and cyber risk
FV · François Villeroy de Galhau Wiki · Banque de France Wiki"Where there is danger, a rescuing element grows as well"ContextSpeech of François Villeroy de Galhau, Governor of the Bank of France, at the Paris Finance Forum, Paris, 10 June 2025.
Why it mattersThe French governor proposes a pilot stress test covering banks, insurers and funds together.
Problems raised- US protectionism weakened the global outlook.
- Links between finance sectors create systemic risks.
- Europe risks the middle technology trap.
Solutions proposed- Run a pilot systemic stress test across banks, insurers and funds.
- Invest in disruptive innovation.
- Build a genuine Savings and Investments Union.
Read full speech on bis.org ↗More from François Villeroy de Galhau · Banque de France · all speeches
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