Members in the News

  • October 21, 2015

  • Lawrence Summers, Charles W. Eliot professor at Harvard University, advises against raising interest rates too quickly during an interview on CNBC. Because of a persisting low-flation problem, he suggests that tax reform and infrastructure investment would have a greater positive impact on the economy than interest rate changes.
  • October 11, 2015

  • Mario Draghi, President of the European Central Bank, discusses the Greek debt situation in an interview with Kathimerini. Bringing a message of “hope and determination,” he addresses existing uncertainties surrounding recapitalization and future negotiations in Greece.
  • September 29, 2015

  • Mark Carney, Governor of the Bank of England, discusses the need to tackle both climate change and financial stability head-on at a speech at Lloyd’s of London. Citing the corporate body’s role in managing risk worldwide, he expresses the need for the market to adapt to new technologies and curbs on carbon emissions in order to maximize their impact.
  • September 21, 2015

  • In an interview with The Banker, Sir David Walker, Chairman of Winton Capital Management, discusses the cultural change still needed in the banking sector. Citing the recently released G30 report on Banking Conduct and Culture, he echoes the report's emphasis on "a restoration of trust in bankers and banking."
  • September 9, 2015

  • Charles W. Eliot professor at Harvard University Lawrence Summers outlines five reasons against the Fed's possible decision to raise interest rates. In the Financial Times post, he discusses why "the case for hitting the brakes in an economy with sub-target inflation, employment and output is not there."
  • September 2, 2015

  • Jean-Claude Trichet, Chairman of the Group of Thirty and former President of the European Central Bank, discusses "the risk-taking culture that still prevails within some departments of global banks and in the financial system itself." Trichet believes that stricter regulation and legal compliance are not necessarily the best way to address unethical behavior. Instead, he advocates for firms to actively shape their internal organizational culture.
  • August 31, 2015

  • Guillermo Ortiz, Chairman of the Advisory Board of Grupo Financiero Banorte, has been awarded the 2015 BRAVO Business Legacy Award by Latin Trade Group, "the leading provider of information and business services to companies operating in Latin America and the Caribbean." Mr. Ortiz was selected for the Legacy Award in recognition of his long and distinguished career as an international economist, policymaker, and businessman.
  • August 21, 2015

  • William R. Rhodes, President and CEO of William R. Rhodes Global Advisors, discusses the cultural revolution needed in banking for Reuters Breakingviews. Although he acknowledges that there are pressures on banking authorities to increase regulation, he argues that "corporations alone can change their core cultures." He also emphasizes that "comprehensive cultural and conduct reforms...make good business sense."
  • August 9, 2015

  • Lawrence Summers, Charles W. Eliot professor at Harvard University, calls for comprehensive changes in corporate governance supported by tough-minded investors. He states that this solution to 'general widespread unhappiness with market outcomes' would be a smarter alternative to government programs.
  • August 3, 2015

  • In a recent speech, Singapore's Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam discusses the sources of continued advancement in Singapore's economy. He discusses global challenges the country faces while emphasizing the need to utilize "new skills and technologies, original business solutions, and a spirit of experimentation in society."

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