Volatility and Risk Institute | Conferences

Sixth Annual Volatility and Risk Institute Conference

Nonbank Financial Intermediation and Financial Stability

Friday, April 25, 2025 | In-person with Zoom simulcast
Registration is now open for the Volatility and Risk Institute's annual conference on Friday, April 25, 2025 from 8:30am to 5:30pm EDT. The topic is "Nonbank Financial Intermediation and Financial Stability"

A list of conference speakers and theme can be found below. The full agenda will be posted ahead of the conference. The conference is free and open to the public, but please note that you must register in advance. We will be holding the conference in-person at 44 West 4th Street, New York, NY. If you are unable to attend in-person, you can register to watch the event via Zoom.

Registration

Please register for the conference by selecting your preferred attendance type:

In-Person Registration

Zoom Registration

Confirmed Speakers
Our conference will feature keynotes from Donald Kohn (Brookings) and Nellie Liang (former Undersecretary, United States Treasury), and a fireside chat with William Dudley (G30 and Princeton University).

The event will have panels and discussions featuring practitioners, current and former policymakers and staff, and academics, including:

• Timothy Cuddihy (DTCC)
• James Millstein (Guggenheim Securities)
• Huw Van Steenis (Oliver Wyman)
• Nathaniel Wuerffel (BNY)
• Nat Benjamin (Bank of England)
• David Elliot (Bank of England)
• Linda Goldberg (Federal Reserve Bank of New York)
• Cornelia Holthausen (European Central Bank)
• Or Shachar (Federal Reserve Bank of New York)
• Viral Acharya (NYU Stern)
• David Aikman (King’s College London)
• Stephen Cecchetti (Brandeis University)
• Jill Cetina (Mays Business School, Texas A&M University)
• Stijn Claessens (Yale School of Management)
• Kristy Jansen (USC Marshall)
• Andrew Metrick (Yale School of Management)
• Gustavo Schwed (NYU Stern)

Conference Theme

This conference will explore the implications for financial stability of the changing roles of banks and nonbank financial intermediaries (NBFIs) and of the interconnections and partnerships among them. It brings together market participants, regulators/policymakers and analysts to understand the evolving structure of bank and non-bank firms and markets, the development of new tools to analyze their resilience and remedies to improve it, including incentives to build resilience and the ways it will affect the appropriate role for central bank policy tools.

If you have any questions related to the conference, please contact vri@stern.nyu.edu.

Recent Conferences

We hosted the Fifth Annual VRI Conference on the topic "Insurance and Rising Climate-Related Risks" on Friday, April 26, 2024. A full agenda and videos are available on our Fifth Annual Conference website.