Aborted LoanDepot IPO a Blip or Harbinger?
SMITH BRAIN TRUST -- Nonbank mortgage lender LoanDepot cited "market conditions" for postponing an initial public offering of as much as $540 million of stock. "It begs the question of whether this a rewind to the (2008 subprime mortgage) precrisis period," says finance professor
Will the Fed Act?
SMITH BRAIN TRUST — Last week, Fed chairwoman Janet Yellen said that raising interest rates before the end of the year was "a live possibility," given what she described as the relatively strong performance by the economy.
Mega-Merger Rekindles Debate Over Corporate Taxes
SMITH BRAIN TRUST — Two massive drug companies, New York-based Pfizer and Dublin-based Allergan (maker of Botox), are discussing a merger that could end up being the biggest in a year of blockbuster combinations: The new company would have a market value of more than $300 billion.
UMD-Smith’s Wermers Headlines Luxembourg Asset Management Summit
Professor of Finance Russ Wermers at the University of Maryland’s Robert H. Smith School of Business recently gave the keynote speech for the for the fourth annual Luxembourg Asset Management Summit.
The Volcker Rule: Unintended Consequences?
SMITH BRAIN TRUST — When the stock market plunged more than 1,000 points in the first minutes of August 25, later rebounding for "only" a 588-point loss that day, did well-intended financial regulations contribute to the volatility?
Market Volatility
International markets have seen some tumultuous times lately. Much of the volatility stems from economic trouble in China, spilling over to other regions. In this edition of Smith Business Close-Up, host Jeff Salkin visits the Smith School to discuss market volatility with Kristen Fanarakis, assistant director of the Center for Financial Policy.
Valeant No Enron; Stock Market Overreacting says Smith Expert
SMITH BRAIN TRUST -- Valeant Pharmaceuticals’ stock dive, after short-selling resea
Deutsche Bank ‘Cleaning Slate’ for $7B Loss
SMITH BRAIN TRUST -- Europe’s biggest investment bank is bracing for a near-$7 billion third-quarter loss, and the fallout is taking shape.
Listen to CFP Experts Make Sense of Volatile Markets
The Center for Financial Policy at the University of Maryland's Robert H. Smith School of Business recently staged a Global Market Volatility Forum.Finance students filled a Van Munching Hall conference room on Sept.
Global Market Volatility: What's Going On?
SMITH BRAIN TRUST -- The Center for Financial Policy at the University of Maryland's Robert H. Smith School of Business hosted a forum on Global Market Volatility on Sept. 8, 2015, aimed at making sense of the recent tumult in international markets — notably in China, but also spilling over into other regions, including the United States.