· Joachim Nagel Wiki · Deutsche Bundesbank WikiBack to the roots - central banks and financial stability
Read full speech on bis.org ↗ContextWelcome address by Joachim Nagel, President of the Deutsche Bundesbank, at the event "The Bundesbank's Financial Stability Review at 20: challenges of yesterday, today and tomorrow", Frankfurt am Main, 6 November 2025.
Why it mattersDraws lessons from twenty years of financial crises for today's stability policy.
Problems raised
- Past crises exposed the fragility of the financial system.
- Systemic risks can build unseen.
- International cooperation is needed.
Solutions proposed
- Publish regular financial stability reviews.
- Monitor systemic risks.
- Cooperate through the Financial Stability Board.