SUBJECT AREAS: Global asset management. Pension funds and mutual funds. Strategy in the asset management industry.CASE SETTING: United States, 1997.REQUESTS FOR COPIES: To receive a copy of this case please contact Ms. Ann Rusolo, Stern School of Business, New York University, 44 West 4th...

Ten years and a great deal of study by economists and others leave us still lacking a consensus on (a) what caused the financial crisis of 2008, (b) whether the reforms it generated will be enough to prevent another systemic collapse of the financial system, and (c) whether the reforms are worth...

The European Union is the world's second largest economic organization with GDP in 2017 of $17 trillion, but it faces many challenges that ultimately will determine its fate. It is under siege from several directions – its continuing struggle to assist Greece in returning to a status of a...

Since the great financial crisis of 2008, governments have set new records in market intervention, re-regulation of banking and financial markets, and in prosecution of banks for mismanagement. The new regulations touch just about everything in finance and completely change the financial...

This paper analyzes empirical evidence regarding mergers and acquisitions in the global financial services industry. It examines the global deal-flow during the eleven-year period 1985-95 and generates a global typology of intra- and inter-sectoral Mamp;A transactions among and between banks,...

The Mexican financial crisis of late 1994 and early 1995 resulted in a linked collapse of stock market values in almost all developing countries, regardless of economic policies or performance. The contagion effect was clear, and much commented on, if not fully explainable by either theory or...