Financial Services

Anat Admati photo
A letter by Anat R. Admati and Neil M. Barofsky published by the Financial Times, March 8, 2012
Stefan Nagel photo
After analyzing repurchase agreements by money-market funds and security lenders, these researchers believe that banks off-balance-sheet collateralization of commercial paper is more likely to have prompted the run on short-term debt financing in the recent financial crisis.
Anat Admati photo
A research paper coauthored by finance faculty member Anat Admati has been recognized by the Financial Times and International Centre for Financial Regulation  (ICFR) in their jointly-sponsored third annual essay contest on financial regulation.  
A 2005 Stanford MBA says that mobile technology devices are revolutionizing banking and other services in Africa, similar to the way computers revolutionized industrialized countries.
John L. Beshears
When they are wrong about quarterly earnings forecasts, analysts may stubbornly stick to their erroneous views, a tendency that might contribute to market bubbles and busts, according to research coauthored by John Beshears of the Stanford Graduate School of Business.
Nobel Laureate and Stanford Graduate School of Business emeritus faculty member William F. Sharpe has been honored for the fifth time with the Graham and Dodd Award of Excellence. Established in 1960 by the Financial Analysts Journal the award recognizes excellence in financial writing.
Anat Admati photo
Originally published by Thomson Reuters-GRC, June 14, 2011.
Stanford Graduate School of Business Diploma Ceremony

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The best entrepreneurs have a thirst for knowledge and may be willing to attempt the impossible, venture capitalist John Doerr told a student audience.
Although Nobel Laureate William F. Sharpe didn't give listeners any new advice about how to weather the current financial crisis and fill the holes in their portfolios, he did explain during a speech on the Stanford University campus how futile it is to read sure-thing investing books or watch the latest financial guru to find easy answers.
Hermitage Capital Management went from $25 million to $4 billion by investing in undervalued Russian companies. Today its founder, Bill Browder, MBA '89, says anyone investing in Russia long term "is out of their mind."
As founder of Capital One Financial Corp., Richard Fairbank revolutionized the credit card industry with teaser rates and zero-balance transfers. But in the beginning he recalls, he had "no money, no experience, and no ideas."
The Volatility Will Continue; Fasten Your Financial Seatbelts, Barrack Says

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