Publications

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June 2013
Teaching Plan

Bank of America-Merrill Lynch

By: Guhan Subramanian and Charlotte Krontiris

The case traces the events leading up to the acquisition of Merrill Lynch by Bank of America at the height of the recent financial crisis. It examines the interplay of public and private sector actors in this extraordinary time, focusing on the decisions that... View Details

Keywords: Bank Of America; Merrill Lynch; Acquisition; Financial Crisis; Banks and Banking; Banking Industry; United States

April 2003 (Revised October 2003)
Case

Banking on Germany?

Explores the causes and consequences of transforming Germany's bank-oriented financial system into one more oriented to capital markets. The economics of globalization, international accords such as Basel II, EU financial policies, and Germany's own regulatory reforms... View Details

Keywords: Corporate Governance; Financial Crisis; Banks and Banking; Banking Industry; Germany

Educators

September 2000
Case

Japanese Financial Crisis and the Long-Term Credit Bank of Japan, The

By: Malcolm S. Salter and Andrew Eggers

Illustrates the failure of Japan's banking elite to adjust to new economic conditions. View Details

Keywords: Financial Crisis; Banks and Banking; Behavior; Japan

27 Jul 2021

Future Leadership MBA + Engineering Multi-School Webinar

Join Cornell University, Harvard's MS/MBA: Engineering Sciences Program, Kellogg School of Management, UC Berkeley Haas, University of Michigan's Tauber Institute for Global Operations, and MIT Leaders for Global Operations to learn more... View Details

Philip K. Wrigley

In addition to continuing the success of the chewing gum products, PK Wrigley greatly improved labor relations at the firm, instituting an “income insurance” plan, a gradual retirement program, and an extensive pension system. During... View Details

Keywords: Food & Tobacco

01 Dec 2017
News

2017 in Education: Investing in the Next Generation of Workers

for a successful educational experience in later years. And second, there is a new “culture of completion” in higher education, in which institutions are focusing on improving graduation rates for all students. Smart business leaders... View Details

Keywords: Amy McIntosh (MBA 1984) , associate vice chancellor for academic strategy, The City University of New York

04 Apr 2000
Research & Ideas

The Right Way to Restructure Conglomerates in Emerging Markets

our research, conducted in a broad range of emerging economies including those of Chile, India, and South Korea, demonstrates that even with the best intentions, it takes longer than a decade to build the kind of institutions that can... View Details

Keywords: by Tarun Khanna & Krishna Palepu

01 Dec 2006
News

Quelch in Vietnam

assistance. Said Dung, “Vietnam is in great need of support from international organizations and academic institutions for developing good human resources.” Quelch was in Vietnam to conduct research. View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

01 Jun 2006
News

Allston Plan’s First Building

A 500,000-square-foot science complex will be the first building of Harvard University’s new Allston campus. The complex, which will house the Harvard Stem Cell Institute and a number of cross-departmental science initiatives, will be... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services; Health, Social Assistance

28 Apr 2003
Research & Ideas

Shareholders Key to Corporate Reform

voting information accumulates, shareholder organizations such as Institutional Shareholder Services could use the balloting data to create director scorecards. Such objective information, and any accompanying analysis, would serve as a... View Details

Keywords: by Cynthia A. Montgomery & Rhonda Kaufman

01 Dec 2017
News

Case Study: The Doctor Deficit

that today’s nurse shortage could reach 1.2 million vacancies in the same time frame. Alexi Nazem (MBA 2011) has seen the impact of these shortages firsthand. “Health care is a very broken system,” says the doctor and cofounder of Nomad Health, an online marketplace... View Details

Keywords: April White

2021
Working Paper

Limits to Bank Deposit Market Power

By: Juliane Begenau and Erik Stafford

Claims about the market power of bank deposits in the banking literature are numerous and far reaching. Recently, a causal narrative has emerged in the banking literature: market power in bank deposits, measured as imperfect pass-through of short-term market rates on... View Details

Keywords: Bank Deposits; Market Power; Net Interest Margin (NIM); Banks and Banking; Interest Rates; Risk and Uncertainty

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February 2019
Article

The Market for Financial Adviser Misconduct

By: Mark Egan, Gregor Matvos and Amit Seru

We construct a novel database containing the universe of financial advisers in the United States from 2005 to 2015, representing approximately 10% of employment of the finance and insurance sector. We provide the first large-scale study that documents the economy-wide... View Details

Keywords: Financial Advisors; Brokers; Consumer Finance; Financial Misconduct And Fraud; FINRA; Financial Institutions; Crime and Corruption; Organizational Culture; Personal Finance; Financial Services Industry

March 2009 (Revised November 2009)
Supplement

Washington Mutual's Covered Bonds Courseware

By: Daniel Baird Bergstresser, Robin Greenwood and James Quinn

Washington Mutual issues 6 billion Euro of covered bonds in 2006. The objective of the case is to ask whether these bonds are mispriced in late 2008. The case is set in September 20008, and Washington Mutual is facing considerable distress due to mounting losses on its... View Details

Keywords: Banks and Banking; Bonds; Education; Information; Banking Industry

January 2008 (Revised April 2008)
Teaching Note

Pilgrim Bank (B): Customer Retention (TN)

By: Frances X. Frei and Dennis Campbell

Teaching Note for [602095]. View Details

Keywords: Customers; Banks and Banking; Customer Focus and Relationships; Banking Industry

Article

The Collapse of First Executive Corporation: Junk Bonds, Adverse Publicity, and the Run on the Bank Phenomenon

By: S. C. Gilson, H. DeAngelo and L. DeAngelo

In April 1991, regulators seized the major subsidiaries of First Executive Corporation (FE), an insurer that invested heavily in junk bonds. During the junk bond market turmoil of 1989–1990, adverse publicity fueled a bank run at FE, forcing a $4 billion portfolio... View Details

Keywords: Business Ventures; Bonds; Banks and Banking

October 1999 (Revised May 2001)
Background Note

Japanese Financial System, The: From Postwar to the New Millennium

Describes the development of the Japanese financial system, from extensive regulation and fund allocation through administrative guidance in the 1950s to the banking crisis and legal and structural reorganization in the 1990s. Special emphasis is on the processes of... View Details

Keywords: Sovereign Finance; Financial Markets; Banks and Banking; Japan

Educators