Smith Finance Fellows Visit Federal Reserve, FDIC

Robert H. Smith School of Business finance faculty member Elinda F. Kiss recently took student groups to visit the Federal Deposit Insurance Corporation and Federal Reserve buildings in Washington, D.C.

The trips consisted of University of Maryland undergraduate students enrolled in Kiss’s Banking and Private Wealth Management Fellows Program and Master of Science students from her Bank Management course.

Richard Kolodny

Richard Kolodny specializes in investment decisions, financial strategy, and corporate restructuring. He is the author of more than 40 publications, with articles in such leading journals as the Journal of Finance, Review of Economics and Statistics, Journal of Financial and Quantitative Analysis, Rand Journal of Economics, Journal of Accounting Research, and Journal of Banking and Finance. His recent research focuses on mergers and acquisitions and on international investments.

John A. Haslem

John A. Haslem, Professor Emeritus of Finance, served as the founding academic affairs dean and founding chair of the finance department. He received the Panhellenic Association's "Outstanding Teacher Award" for his mutual funds course, the first in the curriculum of a school of business

Haslem studied at Duke University, Harvard University, and the University of North Carolina, and he also taught at the University of North Carolina and on the faculty of the University of Wisconsin.

Liu Yang

Liu Yang’s research interests include theoretical and empirical corporate finance in the areas of mergers and acquisitions, corporate restructuring, corporate governance, labor economics and financial institutions. Her recent work on merger waves examines how and why public and private firms act differently during merger waves. She also uses corporate restructuring events to compare the quality of human capital in focused and conglomerate firms and to investigate how female leadership affects the gender wage gap for workers.

Russell Wermers

Russ Wermers is Professor of Finance at the Smith School of Business, University of Maryland at College Park, where he won a campus-wide teaching award during 2005 and a Krowe Teaching Award (within the Smith Business School) during 2013.  His main research interests include studies of the efficiency of securities markets, as well as the role of institutional investors in setting stock prices.

Yajun Wang

Yajun Wang’s research interests include theoretical and empirical asset pricing and market microstructure. Her recent work focuses on understanding the effects of market frictions such as margin requirements, information asymmetry, transaction costs, and imperfect competition on asset prices, market volatility, market illiquidity, and social welfare. Her recent work also examines how risk aversion affects the payoff distribution of an investor’s optimal portfolio in a quite general setting. She received her PhD in Finance from Washington University in St. Louis in 2011.

Stephen Wallenstein

Professor Stephen Wallenstein is a recognized expert in corporate governance and best practices for companies in the US and abroad. He is the Director of the Directors’ Institute at the Robert H. Smith School of Business at the University of Maryland, where he is Professor of the Practice of Finance.

Haluk Ünal

Haluk Ünal is a Professor of Finance, at the Robert H. Smith School of Business, University of Maryland, Special Advisor to the Center for Financial Research of the FDIC, and Senior Fellow at the Wharton Financial Institutions Center. He is also the Managing Editor of the Journal of Financial Services Research.


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