NYU Stern and The Clearing House proudly presented the Gallatin Lecture Series on Banking: Strengthening and Streamlining Bank Capital Regulation with Jeremy Stein, Moise Y. Safra Professor of Economics, Harvard University. Started in 2015, this speaker series brought to the banking community and the broader public the most distinguished and influential thinkers in the field of banking and bank regulation.
The Gallatin Lecture Series on Banking is inspired by Albert Gallatin (1761-1849). Throughout his long and distinguished political career, Gallatin was intimately involved with the financial and banking issues of his time. As Secretary of the Treasury he proposed the establishment of a consortium of private banks, which idea ultimately became The Clearing House. Then, after settling in New York, he helped found New York University.
Jeremy C. Stein is the Moise Y. Safra Professor of Economics at Harvard University, where he teaches courses in the undergraduate and PhD programs, and serves on the board of directors of the Harvard Management Company. From May 2012 to May 2014, he was a member of the Board of Governors of the Federal Reserve System.
Before coming to Harvard in 2000, Stein was on the finance faculty of M.I.T.’s Sloan School of Management for ten years, most recently as the J.C. Penney Professor of Management. Prior to that, he was an assistant professor of finance at the Harvard Business School from 1987-1990. He received his AB in economics summa cum laude from Princeton University in 1983 and his PhD in economics from M.I.T. in 1986.
Stein’s research has covered such topics as: behavioral finance and market efficiency; corporate investment and financing decisions; risk management; capital allocation inside firms; banking; financial regulation; and monetary policy. He has been a co-editor of the Quarterly Journal of Economics, and the Journal of Economic Perspectives, and on the editorial boards of several other economics and finance journals.
Stein is a fellow of the American Academy of Arts and Sciences, a research associate at the National Bureau of Economic Research, and a past member of the Federal Reserve Bank of New York’s Financial Advisory Roundtable. In 2008, he was president of the American Finance Association. In 2009, he served as a senior advisor to the Treasury Secretary and on the staff of the National Economic Council.