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  • All HBS Web  (4,380)
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    • News  (1,153)
    • Research  (2,492)
    • Events  (22)
    • Multimedia  (44)
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  • September 1992 (Revised July 1998)
  • Case

Germany in the 1990s: Managing Reunification

By: George C. Lodge and James W. Ragsdale
In October 1990, eastern Germany was incorporated into the Federal Republic of Germany. The German people rewarded the architect of these changes, Helmut Kohl, with an enhanced majority in national elections. But only two years later it was hard to remember these heady... View Details
Keywords: Economy; Inflation and Deflation; Central Banking; Interest Rates; Political Elections; Situation or Environment; Integration; Europe; Germany; Italy; United Kingdom
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Lodge, George C., and James W. Ragsdale. "Germany in the 1990s: Managing Reunification." Harvard Business School Case 793-033, September 1992. (Revised July 1998.)
  • 25 Jul 2014
  • News

Goldman Sachs Names Ogunlesi New Lead Director

Keywords: Management of Companies and Enterprises; Management
  • 01 Feb 2001
  • News

Q&A - Dirty Money: Raymond Baker Explores the Free Market's Demimonde

laundering and illegal flight capital." These are among the most opaque problems the world faces," Baker says. "In this era of globalization, they constitute the biggest loophole in the free-market system." You assert that Western banks... View Details
Keywords: Finance; Government
  • 21 Jul 2010
  • Research & Ideas

HBS Faculty Debate Financial Reform Legislation

The Dodd-Frank Wall Street Reform and Consumer Protection Act slated to be signed this week by U.S. President Barack Obama has been called the most sweeping set of rules for banks and Wall Street since the Great Depression. But what do... View Details
Keywords: by Staff
  • 01 Sep 2018
  • News

Remembering Dick Spangler

HBS friend, benefactor, and alumnus C.D. (“Dick”) Spangler (MBA 1956) died on July 22 at age 86. After graduating from HBS and serving for two years in the US Army, Spangler led several companies to notable successes, including the family construction business (today... View Details
  • 13 Jun 2012
  • HBS Case

HBS Cases: A Startup Takes On the Credit Ratings Giants

media, and can be rated without any interaction between the issuer and rating agency. Typically, structured products are rated by only a single agency. Further, while there are thousands of corporate bond issuers, "there's only a handful of View Details
Keywords: by Maggie Starvish; Banking; Banking
  • 23 Apr 2018
  • News

Richard Jenrette, 89, Wall St. Power and Preservationist of Homes, Dies

  • June 1996 (Revised July 1997)
  • Case

Hostile Bid for Red October, The

By: Benjamin C. Esty and Alan Bigman
Manatep Bank, a Russian investment bank, has just announced the country's first hostile tender offer for Red October, a confectionery company located in Moscow. As the chief financial officer of the target company, Yuri Yegorov must decide how to respond, how much his... View Details
Keywords: Capital Markets; Cash; Governance Controls; Financial Condition; Investment Banking; Financial Markets; Trade; Valuation; Financial Management; Food and Beverage Industry; Moscow
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Esty, Benjamin C., and Alan Bigman. "Hostile Bid for Red October, The." Harvard Business School Case 296-084, June 1996. (Revised July 1997.)
  • 27 Jan 2015
  • First Look

First Look: January 27

  Publications January 2015 American Economic Review: Papers and Proceedings Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation, Capital Structure, and the Low Risk Anomaly By: Baker, Malcolm, and Jeffrey Wurgler... View Details
Keywords: Sean Silverthorne
  • 11 Apr 2000
  • Research & Ideas

Financial Services 24/7

What did people do before ATMs? That's a question that causes most twentysomethings to draw a blank. They don't remember the days when people conducted their banking—face-to-face with a teller—between 9 a.m. and 3 p.m. on weekdays. The idea of making out a check to... View Details
Keywords: by Susan Young
  • October 2008 (Revised October 2008)
  • Case

Lehman Brothers and Peabody Coal

When Texas Utilities Company (TXU) wanted to acquire The Energy Group, the latter needed to spin-off its coal mining assets, Peabody Coal, to avoid running afoul of antitrust authorities. In this case, TXU's investment banker, Lehman Brothers, considers whether to... View Details
Keywords: Mergers and Acquisitions; Investment Banking; Monopoly; Conflict of Interests; Mining Industry; Utilities Industry
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El-Hage, Nabil N., and Cedric A. Lucas. "Lehman Brothers and Peabody Coal." Harvard Business School Case 209-009, October 2008. (Revised October 2008.)
  • May 2023
  • Article

Political Ideology and International Capital Allocation

By: Elisabeth Kempf, Mancy Luo, Larissa Schäfer and Margarita Tsoutsoura
Does investors' political ideology shape international capital allocation? We provide evidence from two settings—syndicated corporate loans and equity mutual funds—to show ideological alignment with foreign governments affects the cross-border capital allocation by... View Details
Keywords: Capital Flows; Syndicated Loans; Mutual Funds; Partisanship; Polarization; Elections; Political Ideology; Banks and Banking; Institutional Investing; Behavioral Finance; Decision Choices and Conditions
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Kempf, Elisabeth, Mancy Luo, Larissa Schäfer, and Margarita Tsoutsoura. "Political Ideology and International Capital Allocation." Journal of Financial Economics 148, no. 2 (May 2023): 150–173.
  • 02 Dec 2019
  • News

The Billionaire Hedge Fund Manager With Quantum Ambitions

Keywords: Hedge funds; Computer Systems Design and Related Services; Professional Services
  • Fast Answer

U.S. economic data

Where can I find economic and business data for the U.S. (e.g., CPI, GDP, and other indicators)? Federal Reserve Economic Data (FRED) - Economic time series database of the Federal Reserve Bank of St. Louis. Board of Governors... View Details
  • 03 Apr 2013
  • News

Need A Business Loan? Impress The Algorithm, Not The Loan Officer

Keywords: Credit Intermediation and Related Activities; Finance
  • 01 Sep 2003
  • News

New York Club Honors Goldman Sachs CEO

2003 Business Statesman Award recipient Hank Paulson and Scott Meyer (MBA ’96), former HBSCNY president. Larry Busacca Photography Henry M. Paulson, Jr. (MBA ’70), chairman and CEO of Goldman Sachs, received the 2003 Business Statesman Award from the HBS Club of... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services
  • 09 Feb 2010
  • News

Female Stars Shine in Workplace

Keywords: Prof. Boris Groysberg; Finance

    Harold Stanley

    Having made a name for himself at JP Morgan prior to the Banking Act of 1933, Stanley became a leader in the newly independent investment banking industry. Under Stanley’s leadership, his company gained a... View Details
    Keywords: Finance
    • 17 Mar 2015
    • First Look

    First Look: March 17

      Publications March 2015 Journal of Financial Economics Banks as Patient Fixed-Income Investors By: Hanson, Samuel G., Andrei Shleifer, Jeremy C. Stein, and Robert W. Vishny Abstract—We examine the business model of traditional... View Details
    Keywords: Sean Silverthorne
    • 12 Aug 2002
    • Research & Ideas

    ‘Let the Buyer Beware’ Doesn’t Protect Investors

    recognized as a result of the bubble—have been those of the analysts who worked in the investment banks. The banks employ two kinds of analysts: Those who issue recommendations about individual firms, and those who try to get investors to... View Details
    Keywords: by D. Quinn Mills
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