2015
QUMS Head of School, Professor John Turner and Bank of England Executive Director, Insurance Supervision, Mr Sam Woods
Queen’s University Management School (QUMS) was delighted to host a presentation by Sam Woods, Director of Financial Stability at the Bank of England.
Wood’s presentation summarised the Bank of England’s latest Financial Stability report through charts and tables. The charts looked at the global financial environment, the short and medium term risks to financial stability and prospects for financial stability.
Using the results of stress testing, a technique that simulates how the British financial system would react to a variety of macroeconomic disasters, Woods convincingly argued that British banking has grown considerably more stable in the years since the crisis.
The event was very well attended by a mixture of academic staff, students, and representatives from local banks and businesses. There was a question and answer session and also a chance to chat with Sam Woods.
William Quinn, a finance PhD student said of the event: “It was an enthusiastic and informative talk on the methods used by the Bank of England to ensure financial stability. The visit was an invaluable experience for any students interested in a career in central banking.”
For any additional information, please contact Christopher Annett (c.annett@qub.ac.uk).