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  • All HBS Web  (2,711)
    • People  (2)
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  • February 1992 (Revised July 1993)
  • Case

Telefonica de Argentina S.A.

Deals with the privatization of the Argentine telephone industry. Focuses on the restructuring aspect. Commercial banks owned sovereign debt of Argentina trading at a deep discount to par. The question is whether the banks should exchange their sovereign debt... View Details
Keywords: Financial Instruments; Restructuring; Privatization; Commercial Banking; Telecommunications Industry; Argentina
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Fenster, Steven R. "Telefonica de Argentina S.A." Harvard Business School Case 292-039, February 1992. (Revised July 1993.)
  • July 2002
  • Case

First American Bank: Credit Default Swaps

This case examines a bank's ability to manage its credit exposure to a particular client using credit default swaps. View Details
Keywords: Credit Derivatives and Swaps; Risk and Uncertainty; Banks and Banking; Banking Industry
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Chacko, George C., and Eli Strick. "First American Bank: Credit Default Swaps." Harvard Business School Case 203-033, July 2002.
  • February 2008 (Revised November 2011)
  • Case

The International Monetary Fund in Crisis

By: Rawi Abdelal, David Moss and Eugene Kintgen
When Dominique Strauss-Kahn became the Managing Director of the International Monetary Fund in late 2007, he faced a number of significant changes. The organization had lost much of its legitimacy over the previous decade, and countries seemed increasingly reluctant to... View Details
Keywords: History; Globalized Economies and Regions; Problems and Challenges; Developing Countries and Economies; Borrowing and Debt; Government and Politics; Financial Institutions; Business Strategy; Macroeconomics; Financial Services Industry
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Abdelal, Rawi, David Moss, and Eugene Kintgen. "The International Monetary Fund in Crisis." Harvard Business School Case 708-035, February 2008. (Revised November 2011.)
  • 08 Sep 2003
  • Research & Ideas

A Bold Proposal for Investment Reform

should be a nonprofit organization, with responsibility for rating the performance of financial analysts from the viewpoint of retail investors. We believe that there are costs as well as benefits from liquidity in the capital market. The... View Details
Keywords: by Ann Cullen; Financial Services
  • 1992
  • Chapter

Cheap Talk about Monetary Policy

Keywords: Central Banking; Policy; Money; Banking Industry
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Stein, Jeremy. "Cheap Talk about Monetary Policy." In New Palgrave Dictionary of Money and Finance, edited by Peter Newman, Murray Milgate, and John Eatwell. London: Macmillan Press, 1992.
  • April–May 2021
  • Article

The Influence of Loan Officers on Loan Contract Design and Performance

By: Robert Bushman, Janet Gao, Xiumin Martin and Joseph Pacelli
We investigate the extent to which loan officers generate independent, individual effects on the design and performance of syndicated loans. We construct a large database containing the identities of loan officers involved in structuring syndicated loan deals, allowing... View Details
Keywords: Loan Officers; Covenants; Interest Spreads; Syndicated Loans; Banks and Banking; Financing and Loans; Design; Performance
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Bushman, Robert, Janet Gao, Xiumin Martin, and Joseph Pacelli. "The Influence of Loan Officers on Loan Contract Design and Performance." Journal of Accounting & Economics 71, nos. 2-3 (April–May 2021).
  • December 2003 (Revised February 2006)
  • Case

Jamie Dimon and Bank One (B)

By: Paul W. Marshall and Todd H Thedinga
To distribute only after discussion of HBS case 9-804-107. Describes the decisions made by Jamie Dimon as the new CEO in July 2000 and summarizes the progress of his turnaround over the next three years. View Details
Keywords: Decisions; Management Succession; Banks and Banking; Banking Industry
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Marshall, Paul W., and Todd H Thedinga. "Jamie Dimon and Bank One (B)." Harvard Business School Case 804-108, December 2003. (Revised February 2006.)
  • October 1999
  • Case

CIBC Corporate and Investment Banking (C): 1997-1999

By: Joseph L. Bower and Michael Raynor
By 1997 the turnaround of CIBC's troubled investment bank, Wood Gundy, and its integration with corporate banking activities was complete. Marketplace results were encouraging, but scuttled mergers and tumultuous succession issues made the future uncertain. View Details
Keywords: Integration; Investment Banking; Success; Risk and Uncertainty; Management Succession; Mergers and Acquisitions; Financial Services Industry
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Bower, Joseph L., and Michael Raynor. "CIBC Corporate and Investment Banking (C): 1997-1999." Harvard Business School Case 300-043, October 1999.
  • 01 Dec 2000
  • News

Opening Doors: Inside the World of Museum Management

Philippe de Montebello, a 37-year veteran of the Met. "We have a strong, diverse, unpredictable revenue base, and the financial demands of running an institution this size are considerable," says Winshel.... View Details
Keywords: Susan Young; museums; marketing; management; nonprofits; education; facilities; Internet; Museums, Historical Sites, and Similar Institutions; Museums, Historical Sites, and Similar Institutions; Museums, Historical Sites, and Similar Institutions; Museums, Historical Sites, and Similar Institutions
  • October 1999
  • Case

CIBC Corporate and Investment Banking (A): 1987-1992

By: Joseph L. Bower and Michael Raynor
In 1992, CIBC CEO Al Flood faced the short-term operational challenge of saving Wood Gundy, the troubled investment bank CIBC had purchased five years earlier. At the same time he had to tackle the long-term strategic challenge of integrating Gundy's investment banking... View Details
Keywords: Investment Banking; Banks and Banking; Corporate Strategy; Integration; Problems and Challenges; Mergers and Acquisitions; Banking Industry
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Bower, Joseph L., and Michael Raynor. "CIBC Corporate and Investment Banking (A): 1987-1992." Harvard Business School Case 300-041, October 1999.
  • December 1978 (Revised April 1980)
  • Case

U.S. Bank Lending in Mexico

By: George C. Lodge
Keywords: Banks and Banking; Financing and Loans; Mexico; United States
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Lodge, George C. "U.S. Bank Lending in Mexico." Harvard Business School Case 379-078, December 1978. (Revised April 1980.)
  • January 1991 (Revised October 1993)
  • Background Note

Note on Bank Loans

Describes traditional bank lending product, the role of the lending officer, credit evaluation, and the structuring of credit facilities and loan agreements. View Details
Keywords: Financing and Loans; Banks and Banking; Banking Industry
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Mason, Scott P. "Note on Bank Loans." Harvard Business School Background Note 291-026, January 1991. (Revised October 1993.)
  • Article

Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation, Capital Structure and the Low Risk Anomaly

By: Malcolm Baker and Jeffrey Wurgler
Traditional capital structure theory predicts that reducing banks' leverage reduces the risk and cost of equity but does not change the weighted average cost of capital, and thus the rates for borrowers. We confirm that the equity of better-capitalized banks has lower... View Details
Keywords: Capital Structure; Banks and Banking; Banking Industry
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Baker, Malcolm, and Jeffrey Wurgler. "Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation, Capital Structure and the Low Risk Anomaly." American Economic Review: Papers and Proceedings 105, no. 5 (May 2015): 315–320.
  • 2014
  • Working Paper

The Federal Reserve's Abandonment of Its 1923 Principles

By: Julio J. Rotemberg
This paper studies the persistence and some of the consequences of the eventual abandonment by the Federal Open Market Committee (FOMC) of the principles embedded in the Federal Reserve’s Tenth Annual Report of 1923. The three principles I focus on are 1) the... View Details
Keywords: Central Banking; Policy; United States
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Rotemberg, Julio J. "The Federal Reserve's Abandonment of Its 1923 Principles." NBER Working Paper Series, No. 20507, September 2014.
  • Fall 2013
  • Article

Shifts in U.S. Federal Reserve Goals and Tactics for Monetary Policy: A Role for Penitence?

By: Julio J. Rotemberg
This paper considers some of the large changes in the Federal Reserve's approach to monetary policy. It shows that, in some important cases, critics who were successful in arguing that past Fed approaches were responsible for mistakes that caused harm succeeded in... View Details
Keywords: Central Banking; Policy; United States
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Rotemberg, Julio J. "Shifts in U.S. Federal Reserve Goals and Tactics for Monetary Policy: A Role for Penitence?" Journal of Economic Perspectives 27, no. 4 (Fall 2013): 65–86.
  • October 2012 (Revised June 2015)
  • Case

Grantham, Mayo, and Van Otterloo, 2012: Estimating the Equity Risk Premium

By: Samuel Hanson, Erik Stafford and Luis Viceira
Keywords: Equity Valuation; Investment Banking; Equity
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Hanson, Samuel, Erik Stafford, and Luis Viceira. "Grantham, Mayo, and Van Otterloo, 2012: Estimating the Equity Risk Premium." Harvard Business School Case 213-051, October 2012. (Revised June 2015.)
  • January 2012 (Revised June 2015)
  • Background Note

Inventory-Based Lending Industry Note

By: C. Fritz Foley, Ananth Raman and Nathan C. Craig
Inventory-based lending is a form of asset-based lending used by retailers and wholesalers. This note describes the development and the current state of the inventory-based lending industry. View Details
Keywords: Banks and Banking; Financing and Loans; Banking Industry
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Foley, C. Fritz, Ananth Raman, and Nathan C. Craig. "Inventory-Based Lending Industry Note." Harvard Business School Background Note 612-057, January 2012. (Revised June 2015.)
  • 1995
  • Article

South Shore Bank: Is It the Model of Success for Community Development Banks?

By: B. C. Esty
Keywords: Banks and Banking; Success; Banking Industry
Citation
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Esty, B. C. "South Shore Bank: Is It the Model of Success for Community Development Banks?" Psychology & Marketing 12, no. 8 (1995): 789–819.
  • May 2007
  • Teaching Note

Shinsei Bank: Developing an Integrated Firm (TN)

By: Thomas J. DeLong and Terence Heymann
Keywords: Banks and Banking; Business Ventures; Integration
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DeLong, Thomas J., and Terence Heymann. "Shinsei Bank: Developing an Integrated Firm (TN)." Harvard Business School Teaching Note 407-101, May 2007.
  • December 2004
  • Article

When the State is Untrustworthy: Public Finance and Private Banking in Porfirian Mexico

By: Noel Maurer and Andrei Gomberg
Keywords: Finance; Banks and Banking; Trust; Mexico
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Maurer, Noel, and Andrei Gomberg. "When the State is Untrustworthy: Public Finance and Private Banking in Porfirian Mexico." Journal of Economic History 64, no. 4 (December 2004): 1087–1107.
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