Top Ph.D. students to gather at Chicago Booth for symposium on financial regulation, risk management

Top Ph.D. students in business and economics from leading U.S. universities will gather at the University of Chicago Booth School of Business Sept. 9-12, for a conference intended to encourage more academic research on the causes and prevention of financial crises.

Deutsche Bank is sponsoring the Doctoral Symposium on Financial Regulation and Risk Management, which will feature presentations and classroom discussions led by Chicago Booth finance faculty.Participants include Ph.D. students from Booth, Stanford, Princeton, Yale, Columbia and other leading business schools and university economics departments.

"There are many unanswered questions surrounding the recent financial crisis," said Stacey Kole, Deputy Dean of Chicago Booth and administrator of the conference."Our faculty members are motivated to find the answers and to spark research from emerging scholars in finance," said Kole, who also is a Clinical Professor of Economics.

Hugo Banziger, chief risk officer and a member of the management board of Deutsche Bank, will speak at the conference in addition to seven Chicago Booth professors who specialize in banking and finance.Professor Raghuram Rajan will lead a session on illiquidity and interest rates, while Professor Douglas Diamond will discuss short-term debt and financial regulation.

Other Booth speakers at the event are Professor John Cochrane, who will present a skeptical appraisal of frictions in the financial crisis; Professor Anil Kashyap, who will discuss macro-prudential regulation; and Professor Christian Leuz, who will lead a session on economic consequences of securities regulation and enforcement.

Professor Tobias Moskowitz will moderate a discussion of open research topics and Assistant Professor Amit Seru will present on securitization and the subprime crisis.

"The symposium is part of a multi-year academic partnership between Deutsche Bank and Chicago Booth," said Malcolm D. Knight, vice chairman at Deutsche Bank. "The partnership is designed to support and expand education related to risk management and financial regulation."

Conference sessions will take place at Chicago Booth's Gleacher Center in downtown Chicago and at Harper Center on the school's main campus.

Deutsche Bank also sponsors a speaker series at Chicago Booth on risk and regulation in financial markets.