Press Release 180/2011

Euro Crisis and Rating Agencies

Current Challenges Associated with the Financial Market Crisis Will Be in the Focus of the 12th Symposium for the Finance Sector, Banks, and Insurance Companies
Dr. Thomas Mayer, Chefvolkswirt der Deutschen Bank AG, spricht beim Symposium über die versteckte Zahlungsbilanzkrise in der Eurozone (Foto: Martin Joppen)
Dr. Thomas Mayer, Chief Economist of Deutsche Bank AG, will speak about the hidden balance of payments crisis in the Euro zone. (Photo: Martin Joppen)

Financial markets presently are in a crisis of confidence: The two most important reasons are financial imbalances in the Euro zone and the regulation of the rating agencies. These topics will be in the focus of the 12th Symposium for the Finance Sector, Banks, and Insurance Companies, which take place at Karlsruhe Institute of Technology (KIT) on December 15 and 16. The two main presentations will be given at the Tulla Hörsaal on KIT Campus South (building 11.40, Englerstrasse 11).

At the international symposium, representatives of science and practice will discuss current topics and challenges of economy. The list of main speakers and their contributions reflect the still ongoing crisis of financial markets. After the symposium will have been opened on Thursday, December 15, 9 hrs, Professor Milton Harris, financial expert from the Booth School of Business of the University of Chicago, will speak about the regulation of rating agencies. On Friday, Decebmer 16, 11 hrs, Dr. Thomas Mayer, Chief Economist of Deutsche Bank AG and previous employee of the International Monetary Fund, will speak about the hidden balance of payments crisis within the Euro zone.

The presentations on both days will be given in English. With nearly 80 presentations in total, the symposium at Karlsruhe is one of the most important events addressing the financial sector, banks, and insurance companies in Europe. 300 international participants are expected by the organizers from the KIT Institute for Finance, Banking, and Insurance.

For the program and registration, click



Being “The Research University in the Helmholtz Association”, KIT creates and imparts knowledge for the society and the environment. It is the objective to make significant contributions to the global challenges in the fields of energy, mobility, and information. For this, about 9,600 employees cooperate in a broad range of disciplines in natural sciences, engineering sciences, economics, and the humanities and social sciences. KIT prepares its 23,300 students for responsible tasks in society, industry, and science by offering research-based study programs. Innovation efforts at KIT build a bridge between important scientific findings and their application for the benefit of society, economic prosperity, and the preservation of our natural basis of life. KIT is one of the German universities of excellence.

le, 07.12.2011


Monika Landgraf
Head of Corporate Communications, Chief Press Officer
Phone: +49 721 608-41150
Fax: +49 721 608-43658
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Contact for this press release:

Margarete Lehné
Press Officer
Phone: +49 721 608-41157
Fax: +49 721 608-41157
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The press release is available as a PDF file.