Smith finance faculty members have held active roles in advising large financial institutions, multinational corporations, and government and multilateral agencies. In addition to prestigious academic journals, their research has also appeared in the New York Times, the Wall Street Journal and other international business publications.
Welcome to the finance department website.
America Has an Oligopoly Problem
There’s a growing bipartisan push on Capitol Hill to strengthen antitrust agencies and weaken the dominance a few big companies have over entire industries in the United States, namely the big tech companies. In June, House lawmakers took their first votes on a series of bills that would, for one thing, make it harder for companies to acquire potential rivals. And that’s a big deal, says Maryland Smith’s Bruno Pellegrino. His research proves that America has an oligopoly problem.
Is It Time for Financial Climate Risk Regulation?
Financial institutions should be accounting for climate change, but risk models currently are insufficient for regulators to mandate climate stress testing or capital requirements, Maryland Smith’s Clifford Rossi said this week, speaking to the Subcommittee on Consumer Protection and Financial Institutions in the U.S. House of Representatives.