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May 6th 2011, London: Consequences of the capital markets crash continue to dominate the news. The debate still rages among key players seeking solutions for how today’s European financial market leaders can go about re-purposing, restoring and reinventing the sector and above all, reawaken their optimism.

Bellwether Europe is the latest event in a global series organised by Economist Conferences and supported by founding sponsor BNY Mellon. Bellwether Europe, also sponsored by RBC Capital Markets, will define the challenge of change and address the threat of new markets, increasingly complex regulations and currency fluctuations, in an attempt to ensure the industry remains competitive and robust.

Among the debaters are:
• Niall Ferguson, Laurence A Tisch Professor of History, Harvard University
• Martin Wheatley, Chief Executive Officer, Securities and Futures Commission of Hong Kong
• George Magnus, Senior Economic Adviser, UBS
• Sir Win Bischoff, Chairman, Lloyds Banking Group
• E. Gerald Corrigan, Managing Director, Goldman Sachs
• Richard Kushel, Senior Managing Director, Head of Portfolio Management Group, BlackRock
• Xavier Rolet, Chief Executive Officer, London Stock Exchange
• Robert P Kelly, Chairman and CEO, BNY Mellon
• Jürgen Ligi, Minister of Finance, Republic of Estonia
• Arnab Das, Managing Director, Market Research and Strategy, Roubini Global Economics
• Sadeq Sayeed, Chairman, Metage Capital
• Robert Ward, Director, Global Forecasting; Deputy Director, Country Analysis, Economist Intelligence Unit
• Martin Merlin, Head of Unit for Financial Services Policy, European Commission
• Alexander Justham, Director of Markets, Financial Services Authority

Commenting, Philip Coggan, Capital Markets Editor and Buttonwood Columnist at The Economist and Chair of the event said, "With a Portuguese bailout, and talk of Greek restructuring, capital market stories continue to make headlines, and to determine the political and economic outlook. Bellwether Europe provides a great chance to bring together some of the leading experts in the field to set the terms of the debate and to suggest how the issues are going to be resolved."

Adding his thoughts, Robert P.Kelly, Chairman and CEO of BNY Mellon said, "In helping our clients to navigate the rapidly changing global financial marketplace, we see the necessity for clearly signposting and assessing the gradual economic recovery. The search for growth remains challenging and unpredictable. Industry-

leading research with clear conclusions is needed to chart the next steps for the European capital market debate and we look forward to presenting the findings of our “Search for Growth” report in conjunction with the EIU at Bellwether Europe.”

Harry Samuel, Global Co-Head of Fixed Income & Currencies, RBC Capital Markets also commented, “As global markets continue to feel the effect of dramatic economic and fiscal imbalances, it is both timely and compelling to be discussing the impacts on European capital markets.”

Bellwether Europe will be held on May 10th 2011 at The East Wintergarden, London. Further details can be found at the website here.

Press enquiries:
For enquiries relating to Bellwether Europe, please contact
Anna-Louise Maloney, Economist Conferences, +44 (0)20 7576 8378
or e-mail

For media enquiries, please contact Sarah Caddy/Narda Shirley, +44 (0)20 7567 5820 or email /


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The Economist was founded in 1843 with a mission; to lead the debate in pursuit of progress. At the time, freedom of trade and freedom of the individual were the two major issues that the magazine campaigned for. Today, The Economist remains focused on stimulating debate and convening discussion about a range of ideas and issues. We do that in the magazine, on our website, and through live events.

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About BNY Mellon
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $25.5 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at

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