Bank - Publications - Faculty & Research

December 2007
Article

Bankers, Industrialists, and Their Cliques: Elite Networks in Mexico and Brazil during Early Industrialization

By: Aldo Musacchio and Ian Read

The historiographies of Mexico and Brazil have implicitly stated that business networks were crucial for the initial industrialization of these two countries. Recently, differing visions on the importance of business networks have arisen. In the case of Mexico, the... View Details

Keywords: Business and Government Relations; Networks; Business History; Market Entry and Exit; Emerging Markets; Entrepreneurship; Financial Markets; Supply and Industry; Banks and Banking; Brazil; Mexico

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01 Aug 2014
News

CIBC’S New CEO Weighs Expanding Wealth Management

01 Sep 2004
News

Hollywood Story

Ruth Epstein (MBA ’88) never went to film school, but nine years at Goldman Sachs proved to be great training for her new career in Hollywood. With fifteen-hour workdays filled with legal and financial negotiations, and the uncertainty of each new venture, investment... View Details

Keywords: Margie Kelley; Motion Picture and Sound Recording Industries; Information

Lorimer D. Milton

Under Milton’s leadership, Citizens Trust grew to become one of the top five black-owned financial service institutions in the United States by 1940. It was the first black-owned bank to become a member of the Federal Reserve and Federal... View Details

Keywords: Finance

Career Coach

Annette Rodriguez-Ferrer

private-equity backed and high-growth companies. Work Experience: Private Equity (Warburg Pincus, JPMorgan Partners, founded MKH Capital Partners), Investment Banking (Goldman Sachs), Independent Consulting. View Details

Keywords: Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking

23 Jan 2008
Op-Ed

A House Divided: Investment or Shelter?

country, they yearned for shelter, a sanctuary in a new land. That shelter could be a tenement, a farmstead, a ramshackle cottage. For families, home had a connotation of safety and stability. Banks did not lend with 30-year amortizing... View Details

Keywords: by Nicolas P. Retsinas; Banking; Banking; Banking

April 2009
Article

Drawing Links Between Corporate Governance and Networks: Bankers in the Corporate Networks of Brazil, Mexico, and The United States Circa 1910

By: Aldo Musacchio

Keywords: Corporate Governance; Networks; Banks and Banking; Business History; Brazil; Mexico

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In 1970, Hock created a reverse holding company tying together thousands of independent banks to create the Visa Network. His aggressive marketing and sharp negotiation skills enabled Visa to quickly capture 20% of the charge card... View Details

Keywords: Finance

November 2024
Supplement

Clara Wu Tsai and Brooklyn Loan Innovation (B)

By: Archie Jones, Mathieu Davis, Mourya Mamidala and Max Hancock

This (B) case provides an update on “Clara Wu Tsai and Brooklyn Loan Innovation (A)” View Details

Keywords: Business Startups; Social Entrepreneurship; Venture Capital; Banks and Banking; United States; New York (city, NY)

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Profile

Matt Oppenheimer

Since college, Matt Oppenheimer's career choices have been guided by two passions: the "fast-paced and results driven" environment of investment banking and the social mission of nonprofits. Matt currently sits on the boards of... View Details

Walter B. Wriston

Soon after assuming the presidency, Wriston built Citibank into the nation’s second largest bank in terms of total assets. He was instrumental in the convergence of Citibank and the First National City Corporation (Citicorp) which by 1976... View Details

Keywords: Finance

February 2001 (Revised April 2001)
Case

Merrill Lynch: Integrated Choice (Abridged)

By: F. Warren McFarlan and James Weber

Merrill Lynch, a full-service brokerage firm with $1.5 trillion in client assets, is under attack from both discount and electronic brokerage firms. It responds with Integrated Choice, a suite of products designed to capture clients, from the do-it-yourself investor... View Details

Keywords: Investment Banking; Marketing Strategy; Distribution Channels; Organizational Change and Adaptation; Risk and Uncertainty; Financial Services Industry

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07 Aug 2019
Research & Ideas

Big Infrastructure May Not Always Produce Big Benefits

investments. Lagace: How did you carry out this study over a several-thousand-mile highway network? Nanda: As Bill mentioned, the Indian government collects comprehensive, detailed microdata. One of the great datasets they maintain is in the Reserve View Details

Keywords: by Martha Lagace; Construction

Daniel P. Tully

Believing that two of Merrill’s biggest problems were complacency and arrogance, Tully’s first task as CEO of the large investment bank was to achieve a value system that promoted integrity and hard work. Personally congratulating anyone... View Details

Keywords: Finance

Samuel Sachs

Sachs, together with his friend Philip Lehman of Lehman Brothers, was one of the first to realize the potential of issuing stock as a way for new companies to raise funds. Together the two banks underwrote securities offerings for such... View Details

Keywords: Finance

20 Sep 2011
First Look

First Look: September 20

than commonly believed. Using a battery of performance tests, we find that loans securitized before 2005 performed no worse than comparable unsecuritized loans originated by the same bank. Even loans originated by the bank that acts as... View Details

Keywords: Sean Silverthorne

Hugh L. McColl, Jr.

McColl joined the precursor to NationsBank in 1959 and quickly progressed through the company. As CEO, he built NationsBank into the third largest bank in the country by 1995. He did so through the accumulation of close to 50... View Details

Keywords: Finance

May 2008
Teaching Note

Subprime Meltdown: American Housing and Global Financial Turmoil

By: Julio J. Rotemberg

Teaching Note for [708042]. View Details

Keywords: Mortgages; Debt Securities; Risk and Uncertainty; Financial Markets; Financial Crisis; Insolvency and Bankruptcy; Governing Rules, Regulations, and Reforms; Central Banking; Policy; United States; Europe

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01 Jun 2009
News

Too Big To Fail

banking panics roughly every fifteen to twenty years,” explains Moss. When the Great Depression struck, it was “in a league of its own” in severity and governmental response, he continues. With the banking... View Details

Keywords: Roger Thompson; federal bailouts; Credit Intermediation and Related Activities; Finance

November 1992 (Revised December 1994)
Case

BEA Associates: Enhanced Equity Index Funds

By: Andre F. Perold

BEA's enhanced index fund product uses derivatives and cash market securities to find the most efficient way to "track an index." The considerations involve transaction costs, custodial fees, withholding taxes on dividends, and fees from securities lending. In this... View Details

Keywords: Credit Derivatives and Swaps; Investment Portfolio; Management; Investment Banking; Competitive Advantage; Cost Management

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