Financial Services
The proxy fight at JPMorgan Chase & Co. over whether to separate the roles of chairman and chief executive — and thus strip Jamie Dimon of the title of chairman — has become a media spectacle and a Rorschach test for arguments about CEO power, shareholder rights, and Dimon himself.
Two major...
It’s hard to believe now, but top U.S. Treasury and Federal Reserve officials were remarkably sanguine in September 2008 about a possible collapse of Lehman Brothers Holdings Inc.
“I never once considered it appropriate to put taxpayer money on the line,” declared Treasury Secretary Henry Paulson...
Jessica Jackley is a cofounder of Kiva, a nonprofit based in San Francisco that allows people to lend small amounts of money to borrowers throughout the world. Since it was founded in October 2005, Kiva has initiated loans to more than a million people, including a seamstress in Paraguay, a...
“Ten thousand baby boomers are retiring every day, and every part of the financial industry is lusting after their money – offering products and services of all kinds,” says William Sharpe, who won the Nobel Memorial Prize for economics in 1990, and is now a professor emeritus of finance at...
Silicon Valley entrepreneurs are well known for building companies out of a garage or, more recently, at cafés, where they might nurse a cup of coffee for hours while cranking on their startups. But nearly three dozen teams of aspiring entrepreneurs are now pursuing new ventures out of the new...
"It sets a precedent that the EU authorities might, in the future, confiscate some of the deposits of eurozone banks."
Darrell Duffie, professor of finance, Stanford Graduate School of Business
On Monday, March 18, as policy makers grappled with Cyprus' precarious financial situation, we asked...
While financial statements, ratios, and market data are still important tools, McNichols warns investors that such data has become significantly less useful in predicting bankruptcy.
Corporate bankruptcies, like earthquakes, are rare events. But when they do occur, says Maureen F. McNichols of...
Article originally appeared in the Stanford Report on March 4, 2013.
If you get $10,000 to invest, where would you put it? Stocks? Bonds? A savings account? Your choice may be guided by more than your financial savvy. It could be in your genes.
New research shows a correlation between genetic...
The Bankers' New Clothes: What's Wrong with Banking and What to Do about It by Anat Admati & Martin Hellwig Princeton University Press, 2013
bankersnewclothes.com
Find it @ Stanford
Publisher's Site : Preface, Chapter 1
Amazon.com
What is wrong with today's banking system? The past few...
Research shows that fair-value calculations provide a far more accurate indicator of a bank's risk of failure than calculations based largely on historical cost.
It has been four years since Wall Street and the banking industry imploded under the weight of mortgage-backed securities, but the...