Philipp Hartmann is Deputy Director General of the research department at the European Central Bank, which he helped to build from its beginning. He is also a Fellow of the Centre for Economic Policy Research. He has published research on financial, monetary and international issues in several books and numerous journal articles, and he serves as an associate editor of the Journal of Financial Stability. His policy work has been published in many official reports and discussed in fora including the ECOFIN Council, the ECB Governing Council and the Basel Committee on Banking Supervision.