Finance at Wharton

What does it take to build a successful career in #PrivateEquity? The Harris Family Alternative Investments Program, the Wharton Private Equity & Venture Capital Club (UG), and the Wharton Investment Management Club recently hosted an engaging fireside chat with Robert Lewin, W’01, CFO of KKR. He shared insights on navigating career pivots, leadership in finance, and AI's role in private equity. Robert emphasized that successful careers are rarely linear and that the best opportunities often come from unexpected turns. The conversation was moderated by?Muhammad Vakil, vice president of the PEVC Club. Opening remarks were provided by?Domenico Barbieri, CFO of the IM Club, and closing remarks were given by?Kristy Baba, co-president of the IM Club. See the full event recap and photos here: https://lnkd.in/edC7KTAm Photo credit: Shira Yudkoff Photography #WhartonFinance #WhartonLecture #InvestmentManagement #WhartonStudents

The Stevens Center for Innovation in Finance offers students access to learn directly from leading voices shaping the future of finance. As part of the FinTech Lecture Series, the Stevens Center will host Heath Tarbert, President of Circle and former Chairman of the CFTC, for a discussion on stablecoins, the digitization of the dollar, and why these developments matter for the economy. Opportunities like these allow students to engage directly with industry leaders, gaining insights that bridge theory and practice. Learn more about the FinTech Lecture Series: https://lnkd.in/expAbgkf #WhartonFinance #FinTech #Stablecoins #DigitalFinance #Blockchain

A recent Fortune article features insights from Professor Itay Goldstein on JPMorgan’s capital reporting practices and the Federal Reserve’s regulatory approach. Professor Goldstein highlights the broader implications of banks potentially circumventing capital requirements and the impact on global financial oversight: “It kind of diminishes the meaning of the rules and the extent to which people are going to take them seriously going forward.” Read the full article on Fortune: https://lnkd.in/eF2syuT2 Or on Yahoo Finance: https://lnkd.in/eJRTaNAN #WhartonFinance #FinancialRegulation #Banking #CapitalRequirements

Yao Zeng, assistant professor of finance at The Wharton School, joined Forbes to discuss the potential risks and regulatory considerations surrounding stablecoins: "The true yet unrealized potential lies in transforming stablecoins into what I call?run-free global dollars. While dollars in the US banking system benefit from deposit insurance and lender-of-last-resort protections, stablecoins representing those dollars globally lack the same safeguards. This makes them vulnerable to potential runs during market stress." Read the full article: https://lnkd.in/ebakic_Y View Professor Zeng's research on stablecoin runs and the centralization of arbitrage: https://lnkd.in/eK_ys5vS #WhartonFinance #Stablecoins #DigitalAssets #FutureOfFinance #FinancialInnovation

The Jacobs Levy Center will host a webinar on March 21 featuring Nikolai Roussanov, the Moise Y. Safra Professor of Finance at Wharton, as he presents his award-winning paper, "Common Risk Factors in the Returns on Stocks, Bonds (and Options), Redux." This paper explores the shared risk factors across asset classes and won the 2024 Jacobs Levy Center Research Paper Prize for Best Paper. The discussion will be led by Raymond Kan, professor of finance at the University of Toronto, with Chris Geczy, Ph.D., academic director of the Jacobs Levy Center, hosting the event. Register for the webinar here: https://lnkd.in/dbSQHcdh #WhartonFinance #WhartonWebinar #JacobsLevyCenter #FinanceResearch

Geoff Greener, chief risk officer at Bank of America?and Wharton alumnus, joined Professor Itay Goldstein and Max Harris, senior fellow at WIFPR, in their International Banking class (FNCE 7320/2320) to discuss risk management and his career in banking. Drawing from his industry experience, Geoff?provided valuable insights into the business of banking and the key risks that banks face. His discussion helped students connect these classroom topics to real-world applications. Thank you to Geoff for sharing his expertise with students at The Wharton School. ? Learn more about the Wharton Initiative on Financial Policy and Regulation:?https://lnkd.in/eEQnESXz #WhartonFinance #WhartonClass #RiskManagement #BankOfAmerica

What's next for inflation and the Fed? With #inflation concerns resurfacing, Wharton Finance Professor Nikolai Roussanov joined Wharton Business Daily alongside Peter Conti-Brown, professor of legal studies and business ethics, to break down the latest trends and what they mean for the Federal Reserve’s next move. Read more in Knowledge at Wharton: https://lnkd.in/ekt6Cy4m #WhartonFinance #FederalReserve #EconomicPolicy #InterestRates

Applications are open for the 2025 Summer School on Structural Estimation in Corporate Finance with the Rodney L. White Center for Financial Research. During this four-day program, scholars will gain tools they need to understand and conduct corporate finance research using structural estimation. They will learn directly from leaders in finance academia like Luke Taylor, professor at The Wharton School as well as University of Michigan Professors Toni Whited and Stephen Terry. This program will take place July 28-31. See more information and learn how you can apply here: https://lnkd.in/eQ8JxAv6 #FinancePhD #WhartonFinance #StructuralEstimation #CorporateFinance

Loretta Mester, adjunct professor at The Wharton School and senior fellow at the Wharton Initiative on Financial Policy and Regulation, joined CNBC’s Squawk Box to discuss the state of the economy, inflation concerns, and the Fed’s interest rate decisions. Watch the full segment here: https://lnkd.in/eqxF9uXV For more insights from Loretta Mester, check out her conversation on the Future of Finance podcast with Professor Itay Goldstein and Hyun Song Shin of the Bank for International Settlements – BIS: https://lnkd.in/eTkiEF42 #WhartonFinance #WIFPR #FederalReserve #Inflation #InterestRates #EconomicPolicy

Does AI-powered trading bring the risk of market manipulation? A study by Wharton Finance Professors Itay Goldstein and Winston Dou explores how AI-powered trading can lead to market manipulation through collusive trading – despite AI having no intention of collusion. In this Discoveries Q&A, Professors Goldstein and Dou discuss their findings, the risks AI poses to financial market stability, and how these insights can reshape?regulators’ beliefs about AI in the financial landscape. Read more: https://lnkd.in/eW7habDD #WhartonFinance #AIinFinance #MarketManipulation #FinancialRegulation #FinTech