Goldman Sachs’ sale won’t allow smooth return to investment banking
The Goldman Sachs Group is considering a sale of its consumer banking business, but regulations will mean it can’t simply return to being an investment bank, said Andrew Tuch, an expert on financial and securities regulation in the School of Law.
Radhakrishnan Gopalan, professor of finance, 50
Radhakrishnan Gopalan, a longtime, beloved professor of finance at Olin Business School, died Dec. 6, 2022, of cancer. He was 50.
Nobel Prize awarded to WashU economist Philip Dybvig
Philip H. Dybvig, a banking and finance expert at Washington University in St. Louis, is one of three economists to share the 2022 Nobel Prize in economic sciences, the Royal Swedish Academy of Sciences announced Monday, Oct. 10.
Bellwether-funded project tackles funding gap for female, minority founders
Staggeringly disproportionate startup funding available to founders who are women or underrepresented minorities has inspired the next project of the Olin Brookings Commission.
Understanding the financial sanctions against Russia
The unprecedented scale and unanimity of the sanctions imposed on Russia have crippled its economy and represent a new form of economic warfare, according to Mark P. Taylor, dean of Olin Business School at Washington University.
Navigating a difficult tax year
The Internal Revenue Service (IRS) is expected to have another challenging year processing returns. Experts at Washington University’s Low Income Taxpayer Clinic offer tips, including: file early and electronically if possible.
‘The Downton Abbey Effect’: Olin dean researches unions between British aristocrats, American heiresses
“Downton Abbey” and a BBC miniseries based on Edith Wharton’s novel “The Buccaneers” inspired Olin Dean Mark P. Taylor to examine a historical trend.
Thakor receives lifetime achievement award
The Financial Intermediation Research Society has awarded a Lifetime Achievement Award to Anjan Thakor, the John E. Simon Professor of Finance at Olin Business School.
What GameStop can teach us about lottery-like short squeezes
Although brick-and-mortar companies like GameStop and AMC Theaters have given investors reason to count them out of stock market success, a huge surge via a “short squeeze” was both predicted and expected in recent research by an expert at Washington University in St. Louis.
Who you know matters, even when applying for PPP loans
New research is exposing how lenders prioritized Paycheck Protection Program loan applications from businesses with prior lending relationships or personal connections to bank executives.