Michael Theurer: Competitiveness of the German banking sector
What changed vs prior statement
- 01Shift in focus from environmental challenges to competitiveness of the banking sector.
- 02No material change in policy stance vs prior statement.
- 03Language essentially preserved across key themes of banking stability and supervision.
From the original
Speech by Mr Michael Theurer, Member of the Executive Board of the Deutsche Bundesbank, at the Bundesbank-Symposium "Banking supervision in dialogue", Frankfurt am Main, 7 May 2026.
Related speeches
4 itemsMichael Theurer: The environment and the banking sector - a new set of challenges from climate change and loss of biodiversity
The desk believes that the ongoing challenges posed by climate change and biodiversity loss will increasingly impact the banking sector, as highlighted by Michael Theurer's recent speech at the Deutsche Bundesbank conference. Per the full note [source], Theurer emphasized the need for financial institutions to adapt their risk management frameworks to account for these environmental risks. This aligns with our view that regulatory pressures will likely intensify, prompting banks to reassess their asset valuations and lending practices in the face of climate-related financial risks. As the market digests these insights, we anticipate a shift in investor sentiment towards more sustainable financial products and practices.