Banking

photo of Middle East entrepreneurs
The 80s and 90s ushered in the downfall of communism and the Berlin Wall. Now the world watches Arab Spring uprisings from citizens demanding democracy across the Middle East. Gayle Lemmon, Deputy Director of the Women and Foreign Policy Program at the nonpartisan Council on Foreign Relations and...
image of child in a classroom
The disturbing reality that an estimated 1 billion people in the world live on less than $1.25 a day—and another 2.5 billion on less than $2 a day—has for decades fueled efforts from governments and nonprofits to help tackle global poverty. Businesses, large and small, are getting on board, too,...
Robert Joss photo
STANFORD GRADUATE SCHOOL OF BUSINESS — When global banker Robert L. Joss became dean of the Stanford Graduate School of Business in 1999, the school’s current tagline — Change lives. Change organizations. Change the world. — did not exist. By the time he stepped down from that position in 2009, it...
Ed Lazear photo
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Anat Admati photo
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Stefan Nagel photo
STANFORD GRADUATE SCHOOL OF BUSINESS — By now, nearly everyone knows that the financial meltdown of 2007, and the subsequent recession, began with the collapse of the housing market and the subprime securities market, the funder of millions of mortgages.Understanding exactly what happened, and why...
Anat Admati photo
Sir, Bankers say whatever serves their interests. William Isaac, Chair of Fifth Third Bankcorp, and Richard Kovacevich, former Wells Fargo chief executive, repeat standard and flawed arguments against what they call “breathtaking“ levels of equity such as 9 percent. Many others argue that...
Anat Admati photo
Admati, who is the George G.C. Parker Professor of Finance and Economics, wrote the paper with Martin Hellwig of the Max Planck Institute for Research; they share the runners-up prize of $1,500 with a team from the International Monetary Fund. The Admati-Hellwig essay, "Good Banking Regulation...
Darrell Duffie
STANFORD GRADUATE SCHOOL OF BUSINESS — The steps being taken to solve Europe’s sovereign debt crisis are likely putting an end to speculation that the European Union could come apart, says finance Professor Darrell Duffie of the Graduate School of Business. But current negotiations among Europe’s...
STANFORD GRADUATE SCHOOL OF BUSINESS — When he graduated from the Stanford Graduate School of Business with an MBA in 2005, Nigerian-born Tayo Oviosu said advice from the business world in his home country was loud and clear—"don't come back." At that time, he explained, "Nigeria was still about...

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