In theory, rules requiring banks to share consumer data with third parties increase competition and help consumers. In practice, it’s not so simple, according to a new study co-authored by Yale SOM’s Jidong Zhou.
In a recent online conversation hosted by Yale SOM, Mexico’s chief central banker discussed the country’s response to the economic distress caused by COVID-19—the country’s third financial crisis in recent decades.
Leverage-induced fire sales contributed to the worst stock market crashes in history. Prof. Kelly Shue studied account-level data from the Chinese market crash in 2015 to illuminate how much leverage matters.
Blythe Masters aims to remake the infrastructure of financial services with blockchain distributed ledger technology.
Can the tech industry’s “move fast and break things” approach create innovation in financial services without wrecking the economy?
Professor William Goetzmann discusses the uncertainty facing the financial hub at Canary Wharf as Britain moves steadily toward its divorce from the European Union.