About This Blog

Roy C. Smith

 Introducing: Banks and Markets

April 7, 2014

We are Roy C. Smith and Ingo Walter, two professors at the NYU Stern School of Business who have taught courses in Finance and Economics for more then twenty years.

Smith was a partner at Goldman, Sachs & Co. before crossing over into academics, later becoming the Kenneth Langone Professor of Entrepreneurship and Finance. Walter, an Economist born in Germany, is Seymour Milstein Professor of Finance, Corporate Governance and Ethics, and a former Dean of Faculty at NYU Stern. Until recently, Walter was also Swiss Bank Corporation Professor of Economics at INSEAD, in Fontainbleau, France.

Ingo Walter

We have co-authored a number of books about global banking and finance, including a textbook (Global Banking (now in its Third Edition, 2011), a book about ethical conduct on Wall Street (Street Smarts, 1997), one that predicted the impact of the Euro on financial markets, just as the Euro was introduced (High-Finance in the EuroZone, 2000), and Governing the Modern Corporation, 2006.

We have each written other books too, on subjects ranging from secret money on Switzerland, the origins of American capitalism, banking failures and recoveries in the 1980s and 1990s, universal banking, bank mergers and acquisitions. We have done a variety of OpEds and articles on these subjects as well.

We hope this blog will enable us to circulate OpEds on a variety of subjects related to contemporary issues related to economics, finance and markets to other people like us who are interested in these things and the capital markets industry is developing at a time of great change imposed by tighter government regulation, competition, technology and, yes, by market forces.

We call this blog Banks and Markets (its web address is Bank-o-Nomics.com because we couldn't get the name we wanted) but the subjects we will be commenting may range a bit father afield.

We expect to post periodically, not daily, once we get started.

Banks and Markets has a Facebook page too, so you can follow us there if you want to.