The disruptive impact of new technology on the banking industry
The rise of the use of FinTech in the financial industry adds to the range of offerings that the sector can provide, potentially widening global business.
Thomas Philippon’s research focuses on finance and macroeconomics. It includes empirical and theoretical work on corporate governance and labor relations, accounting manipulations, the costs of financial distress, dynamic agency models and firm dynamics, the link between asset markets and corporate investment, and the evolution of the finance industry.
Philippon graduated from Ecole Polytechnique, received a PhD in Economics from MIT, and joined New York University as an assistant professor of Finance at the Stern School of Business.
His publications have appeared in the Journal of Finance, the Review of Financial Studies, and the Journal of Financial Economics, among others.
The rise of the use of FinTech in the financial industry adds to the range of offerings that the sector can provide, potentially widening global business.
Europe’s competition policy has successfully contained the rise in concentration and excess profits, and the EU should not follow the US in weakening its approach.
New research explores some of the driving factors behind the Greek crisis.