Benefactor and Wall Street Legend Henry Kaufman to Speak at UMD
Smith School Adds Endowed Chair in Financial History A Conversation with Henry KaufmanSept. 13 at 6:15 p.m.Tyser Auditorium, Van Munching HallRSVP NOW
Life After Berkshire for GE
SMITH BRAIN TRUST — Revelation this week of Berkshire Hathaway dumping its $315 million stake in General Electric is stoking doubt in the blue chip stock.
Meet the Enterprise Risk Management Program Director: Professor Cliff Rossi
The Enterprise Risk Management (ERM) Advanced Professional Development Program is considered the premier training program for professionals in the growing and ever-evolving field of enterprise risk management. A partnership between the University of Maryland’s Robert H. Smith School of Business and the American Bankers Association, this program identifies and addresses emerging concerns within each of the key risk categories: credit risk management, asset-liability management and business risk management.
Is This Why Labor Participation Rate Looks So Bad?
SMITH BRAIN TRUST – Is the growing gig economy skewing the national labor market participation rate?
10 Business Books for Your Summer Reading List
The University of Maryland’s Robert H. Smith School of Business is excited to announce some favorite books in the 14th Annual Top-10 Summer Reading List for Business Leaders for 2017, as recommended by faculty members. (1) The Undoing Project: A Friendship that Changed Our Minds By Michael Lewis (2016)
Should Everyone Receive a Basic Income?
SMITH BRAIN TRUST – At a time when robots and other forms of automation appear poised to edge out wide swaths of the global workforce, several pilot projects and at least one documentary film are exploring the idea of universal basic income – free money for everyone, enough to cover basic expenses.
What's Missing from the White House's Budget
SMITH BRAIN TRUST – When federal budgets are released from the White House Office of Management and Budget, there are typically a few holes here and there, some missing details, and perhaps some wishful thinking since the budget assumes that everything the president proposes will become enacted.
The Six Big Bank Risks for 2017
SMITH BRAIN TRUST — The risk landscape for banks has changed since last year. For starters, Congress and the Trump Administration have started discussions on a regulatory overhaul. And, meanwhile, interest rates are on the rise, and the Federal Reserve is shifting its focus toward maintaining economic gains made in the past few years.
Healthcare, Not the Tax Code, Is Drag on U.S. Firms
SMITH BRAIN TRUST – Health insurance – not the U.S. tax code – is "crippling our business around the world," Warren Buffett said during Berkshire Hathaway’s annual shareholder meeting on May 6, 2017, in Omaha.
Wall Street's 'Fear Gauge' Is at a 23-Year Low. Should We Worry?
SMITH BRAIN TRUST – Leave it to a period of calm to inject nervousness into the market, as it did this week when the Chicago Board Options Exchange's Volatility Index, or VIX as it is known, dropped to a level not seen in about 23 years. The drift lower in the so-called fear index has market watchers worriedly speculating about a calm before a storm.