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  • 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.
  • January 1986 (Revised October 1986)
  • Case

Data Administration in Citibank Brazil (Abridged)

By: Shoshana Zuboff
Keywords: Banks and Banking; Information Management; Banking Industry; Brazil
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Zuboff, Shoshana. "Data Administration in Citibank Brazil (Abridged)." Harvard Business School Case 486-081, January 1986. (Revised October 1986.)
  • 19 Feb 2007
  • Research & Ideas

Inexperienced Investors and Market Bubbles

"Past performance is no guarantee of future results." —standard financial disclaimer Neophyte investors—it is believed—play a role in creating asset price bubbles such as the tech collapse a few years ago. Just think back to the... View Details
Keywords: by Sean Silverthorne; Financial Services
  • March 24, 2023
  • Article

What Silicon Valley Bank Did Right

By: Lou Shipley
There’s a reason Silicon Valley Bank became such a fixture among startups: it understood their needs better than any other bank. Even now, many banks don’t have the flexibility and understanding to make banking easy for startups. With SVB gone, a lot of young companies... View Details
Keywords: Startup; Silicon Valley; Entrepreneurship; Bank; Finance; Business Startups; Banks and Banking; Banking Industry
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Shipley, Lou. "What Silicon Valley Bank Did Right." Harvard Business Review (website) (March 24, 2023).
  • October 2014
  • Case

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

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 (Abridged)." Harvard Business School Case 215-025, October 2014.
  • January 2004 (Revised November 2006)
  • Case

Fleet Managed Assets Division (A)

By: Paul W. Marshall and Todd H Thedinga
Paul Kennedy, executive director of Fleet's Managed Asset Division, must decide whether to extend further credit to Polaroid Corp. in the fall of 2001. Polaroid's credit rating had been declining rapidly, but it was a major employer in the Boston area with many... View Details
Keywords: Information Technology; Credit; Banks and Banking; Banking Industry; Boston
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Marshall, Paul W., and Todd H Thedinga. "Fleet Managed Assets Division (A)." Harvard Business School Case 804-098, January 2004. (Revised November 2006.)
  • fall 1994
  • Article

Banc One Corporation: Asset and Liability Management

By: B. C. Esty, P. Tufano and J. Headley
Keywords: Banks and Banking; Assets; Finance; Management; Banking Industry; United States
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Esty, B. C., P. Tufano, and J. Headley. "Banc One Corporation: Asset and Liability Management." Journal of Applied Corporate Finance 7, no. 3 (fall 1994): 33–51.
  • May 1986 (Revised October 1986)
  • Case

Data Administration in Citibank Brazil (B): Strategy and Technology

By: Shoshana Zuboff
Keywords: Banks and Banking; Information Management; Banking Industry; Brazil
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Zuboff, Shoshana. "Data Administration in Citibank Brazil (B): Strategy and Technology." Harvard Business School Case 486-110, May 1986. (Revised October 1986.)
  • Forthcoming
  • Article

FinTech Lending and Cashless Payments

By: Pulak Ghosh, Boris Vallée and Yao Zeng
Borrower's use of cashless payments both improves their access to capital from FinTech lenders and predicts a lower probability of default. These relationships are stronger for cashless technologies providing more precise information, and for outflows. Cashless payment... View Details
Keywords: Fintech; Lending; Payments; Data Sharing; Financing and Loans; Information Technology; Banks and Banking; Business Model
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Ghosh, Pulak, Boris Vallée, and Yao Zeng. "FinTech Lending and Cashless Payments." Journal of Finance (forthcoming).
  • 29 May 2013
  • Research & Ideas

Faculty Symposium Showcases Breadth of Research

"We're trying to see how this new form of organizing people is disrupting business," said Lakhani, the Lumry Family Associate Professor of Business Administration at HBS and the Principal Investigator of the Harvard-NASA Tournament Lab at the View Details
Keywords: by Carmen Nobel; Financial Services
  • 2001
  • Chapter

Bankruptcy, Boards, Banks, and Blockholders: Evidence on Changes in Corporate Ownership and Control When Firms Default

By: S. C. Gilson
Keywords: Insolvency and Bankruptcy; Organizational Change and Adaptation; Ownership; Governing and Advisory Boards; Banks and Banking; Banking Industry
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Gilson, S. C. "Bankruptcy, Boards, Banks, and Blockholders: Evidence on Changes in Corporate Ownership and Control When Firms Default." In Empirical Corporate Finance, edited by Michael J. Brennan. Glos: Edward Elgar Publishing, 2001.
  • 1992
  • Chapter

Bankruptcy, Boards, Banks, and Blockholders: Evidence on Changes in Corporate Ownership and Control When Firms Default

By: S. C. Gilson
Keywords: Insolvency and Bankruptcy; Organizational Change and Adaptation; Ownership; Governing and Advisory Boards; Banks and Banking; Banking Industry
Citation
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Gilson, S. C. "Bankruptcy, Boards, Banks, and Blockholders: Evidence on Changes in Corporate Ownership and Control When Firms Default." In Bankruptcy and Distressed Restructurings: Analytical Issues and Investment Opportunities, edited by Edward I. Altman. New York: Business One Irwin, 1992.
  • 2022
  • Working Paper

On the Estimation of Demand-Based Asset Pricing Models

By: Philippe van der Beck
A growing literature uses portfolio holdings data to quantify the impact of investor demand on equilibrium prices via counterfactual experiments. The key parameter in relating demand and equilibrium prices is investors’ elasticity of demand with respect to the price.... View Details
Keywords: Price; Investment Portfolio; Institutional Investing; Financial Instruments
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van der Beck, Philippe. "On the Estimation of Demand-Based Asset Pricing Models." Swiss Finance Institute Research Paper Series, No. 22-67, May 2022.
  • January 1986 (Revised August 1994)
  • Case

Citicorp--1985

Citicorp seeks to raise medium- or long-term funding and is considering floating rate versus fixed rate and domestic versus Eurodollar bonds. Case focuses on advantages/disadvantages of these different markets and discusses many of the innovative Floating Rate Notes... View Details
Keywords: Capital Markets; Banks and Banking; Corporate Finance; Banking Industry
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Mason, Scott P. "Citicorp--1985." Harvard Business School Case 286-053, January 1986. (Revised August 1994.)
  • June 2007
  • Supplement

Shinsei Bank: Developing an Integrated Firm (B)

By: Thomas J. DeLong and Terence Heymann
Keywords: Banks and Banking; Business Ventures; Integration; Growth and Development; Banking Industry
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DeLong, Thomas J., and Terence Heymann. "Shinsei Bank: Developing an Integrated Firm (B)." Harvard Business School Supplement 407-103, June 2007.
  • Forthcoming
  • Article

Bank Risk-Taking and the Real Economy: Evidence from the Housing Boom and Its Aftermath

By: Antonio Falato, Giovanni Favara and David Scharfstein
We present evidence that pressure to maximize short-term stock prices and earnings leads banks to increase risk. We start by showing that banks increase risk when they transition from private to public ownership through a public listing or an acquisition. The increase... View Details
Keywords: Ownership Type; Risk and Uncertainty; Financial Markets; Banks and Banking; Transition; Price
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Falato, Antonio, Giovanni Favara, and David Scharfstein. "Bank Risk-Taking and the Real Economy: Evidence from the Housing Boom and Its Aftermath." Review of Financial Studies (forthcoming).
  • March 1997 (Revised July 1997)
  • Case

Morgan Stanley in China

The Asian economy, particularly China's, is experiencing explosive growth. China needs capital to fund the growth, and this presents a tremendous opportunity for an investment bank that can penetrate the market. Morgan Stanley establishes a joint venture with the China... View Details
Keywords: Joint Ventures; Investment Banking; Emerging Markets; Developing Countries and Economies; Financial Services Industry; Financial Services Industry; China
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Mason, Scott P., Diane Long, and Barbara Kyrillos. "Morgan Stanley in China." Harvard Business School Case 297-010, March 1997. (Revised July 1997.)
  • 1993
  • Chapter

The Strategy of a Merger: Fleet and Bank of New England

By: D. B. Crane and J.C. Linder
Keywords: Mergers and Acquisitions; Business Strategy; Banks and Banking; Banking Industry; New England
Citation
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Crane, D. B., and J.C. Linder. "The Strategy of a Merger: Fleet and Bank of New England." In Proceedings of the Twenty-ninth Annual Conference on Bank Structure and Competition. Chicago, IL: Federal Reserve Bank of Chicago, 1993.
  • September 2013
  • Article

Combining Banking with Private Equity Investing

By: Lily H. Fang, Victoria Ivashina and Josh Lerner
Bank-affiliated private equity groups account for 30% of all private equity investments. Their market share is highest during peaks of the private equity market, when the parent banks arrange more debt financing for in-house transactions yet have the lowest exposure to... View Details
Keywords: Regulation; Private Equity; Leveraged Buyouts; Banks and Banking; Banking Industry
Citation
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Fang, Lily H., Victoria Ivashina, and Josh Lerner. "Combining Banking with Private Equity Investing." Review of Financial Studies 26, no. 9 (September 2013): 2139–2173.
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