Our People

Emeritus Members

Professor Alec Chrystal

Professor Emeritus of Money and Banking
BA (Exeter); MA; PhD (Essex)

Alec Chrystal joined City University London in 1988 after being Professor of Economics at Sheffield University. During 1997-2001 he was working as a senior adviser in the monetary analysis wing of the Bank of England. Duties during this time included drafting the Bank's quarterly Inflation Report, editing the Bank of England Quarterly Bulletin, editing the Bank's working paper series and writing briefing material for the Monetary Policy Committee. Alec returned to the Business School in September 2001 to become Head of a newly merged Finance Faculty. He has research interests in monetary economics, international finance, political economy and household debt. Several books have been authored or co-authored, including the last four editions of a famous economics textbook with Richard G. Lipsey, and Controversies in British Macroeconomics (with Simon Price). He is a committee member of the Money, Macro and Finance Study Group, and a Vice-President of the British Association for the Advancement of Science Section F (Economics).

Research Areas

Financial Institutions
International Economics
International Finance
Monetary Economics

Professor Forrest Capie

Professor Emeritus of Economic History
BA (Auckland); MSc; PhD (London)

Forrest Capie is Professor Emeritus of Economic History at the Bayes Business School City University, London. After a doctorate at the London School of Economics (LSE) and a teaching fellowship there, he taught at the University of Warwick and the University of Leeds. He was a British Academy Fellow at the National Bureau in New York and a Visiting Professor at the University of Aix-Marseille and the LSE, and a Visiting Scholar at the IMF.

He was Head of Department of Banking and Finance at City University from 1989-1992; editor of the Economic History Review 1993-1999; a member of the Academic Advisory Council of the Institute of Economic Affairs in London, and an advisor to the Shadow Chancellor of the Exchequer. He has written widely on money, banking, trade and commercial policy and recently completed the commissioned history of the Bank of England (Cambridge University Press, 2010). His latest book ‘Money over Two Centuries’ was published by Oxford University Press in 2012.

He was recently advisor to the UK's Parliamentary Commission on Banking following the recent global financial crisis.

Research Areas

Business History
Economic History
Financial Regulation
Monetary Economics

Professor Geoffrey Wood

Professor Emeritus of Economics
MA (Aberdeen); ; MA (Essex)

Geoffrey Wood went to the University of Warwick in 1968 as Lecturer in Economics and then spent two years as Visiting Economist with the Bank of England, where he was more recently, from 1994 to 2004, a Special Advisor on Financial Stability. In 1975, he joined City University. He was Visiting Scholar at the Federal Reserve Bank of St Louis from 1977-1978, has also advised the New Zealand Treasury on a wide range of issues, and has also been a visiting scholar at the Federal Reserve Bank of New York and served as research adviser at the Bank of Finland.

Geoffrey Wood is also a visiting Professorial Fellow in the Centre for Commercial Law Studies at Queen Mary and Westfield College, University of London and has been a visiting professor at the University of Athens. In the academic year 2004-2005 he was Visiting Professor at the University of Oxford. He has served for some time as Special Adviser to the Treasury Select Committee of the House of Commons.

He is on the Editorial Boards of the Greek Economic Review, The Journal of Financial Education, and the the European Journal of Political Economy, and is a General Editor of the Journal of Financial Regulation.

Research Areas

Economic History

Core Members

Professor Rym Ayadi  

Rym Ayadi (Ph.D.) is Honorary Visiting Professor at Bayes Business School, City University of London. She is Associate Professor of International Business and Finance, Founding Director of the International Research Centre on Cooperative Finance (IRCCF) and Board Member of the Alfonse and Dorimène Desjardins International Institute for Cooperatives at HEC Montreal Business School in Canada.

She is Associate Senior Research Fellow at the Euro-Mediterranean University (EMUNI) in Slovenia and the Founder and Scientific Director of the Euro-Mediterranean Network for Economic Studies (EMNES) (www.emnes.org). She is President of the Euro-Mediterranean Economists Association established in Barcelona since 2012 to contribute to the future of political and socio-economic model in the South Mediterranean region post Arab Spring.

Rym’s fields of expertise include international financial systems, financial markets and institutions, global financial regulation and governance and socio-economic development and foresight in economies in transition.

She is expert member of several high-level expert groups in the European Commission, the European Parliament (Economic and Financial Committee and Committee on Foreign Affairs)), Mediterranean Assembly of the Mediterranean and the Union for the Mediterranean and invited expert in international organisations (e.g. IMF, OECD and others).

She was Senior Research Fellow and Head of the Financial Institutions Unit at the Centre for European Policy Studies (CEPS) in Brussels (Between 2001 and 2014). She served as an academic senior expert member of the European Insurance and Occupational Pensions Authority (EIOPA) Stakeholder Group (Between 2011 and 2013) and of the Financial Services Users Forum (FINUSE), (between 2007 and 2010). She was the director of the Mediterranean Prospects Research Network (MEDPRO), an international research network for foresight analysis in the Euro-Mediterranean region (Between 2009 and 2013) funded by the Seventh Framework Program of the EU. She was also Vice President of the European Financial Inclusion Network (EFIN), a European network that promotes mutual learning on financial inclusion.

She authors several books and scholarly articles on her areas of expertise and is member of several editorial and advisory boards. Rym Ayadi holds a Ph.D. in Economics and Finance from University Paris Dauphine.

Research Areas

International Financial Systems 
Financial markets and institutions 
Socio-Economic Development and Foresight in Economies in Transition 
Global Financial Regulation and governance

Professor Thorsten Beck 

Thorsten Beck joined the Faculty of Finance in September 2013 as professor of banking and finance.

Since 2008 he has been professor of economics at Tilburg University in the Netherlands and was the founding chair of the European Banking Center from 2008 to 2013. He is also a research fellow of the Centre for Economic Policy Research (CEPR). Previously he worked in the research department of the World Bank and has also worked as consultant for – among others - the IMF, the European Commission, and the German Development Corporation. His research, academic publications and operational work have focused on two major questions: What is the relationship between finance and economic development? What policies are needed to build a sound and effective financial system? Recently, he has concentrated on access to financial services, including SME finance, as well as on the design of regulatory and bank resolution frameworks. In addition to numerous academic publications in leading economics and finance journals, he has co-authored several policy reports on access to finance, financial systems in Africa and cross-border banking. His country experience, both in operational and research work, includes Bangladesh, Bolivia, Brazil, China, Colombia, Egypt, Mexico, Russia and several countries in Sub-Saharan Africa. In addition to presentation at numerous academic conferences, including several keynote addresses, he is invited regularly to policy panels across Europe.

Personal Website: www.thorstenbeck.com

Research Areas

Corporate Finance 
Access to financial services 
SME Finance 
Financial Safety Net

Dr Marco Boldini

Marco Boldini is a fully qualified lawyer in Italy and the UK, where he is both a solicitor and barrister. He is also a qualified Notary in England and Wales. Marco is the Head of Financial Services Regulatory (Legal) at PwC. He was recently appointed Italian Consul in Liverpool by the Italian Foreign Minister and the UK Foreign Commonwealth Office. His area of expertise is financial services regulation.

Research Areas

Financial Regulation  
Asset Management  

Professor Barbara Casu Lukac

Professor Barbara Casu Lukac is the Director of the Centre for Banking Research at Bayes Business School. She is also the Course Director for the Executive PhD at Bayes.

Her main research interests are in empirical banking, financial regulation, structured finance, and corporate governance. Barbara has published widely, with over 40 publications in peer reviewed Journals. She has also written the popular textbook “Introduction to Banking” (Pearson FT), which is widely adopted for banking courses across the world. She has recently co-edited the Palgrave Handbook of European Banking. Outside academia, Professor Casu has been a consultant/visiting researcher at several organisations, including the International Monetary Fund (IMF); the European Commission (EC); Centre for European Policy Studies (CEPS); the Building Societies Association (BSA), the SWIFT Institute.

Research Areas

Industrial Organisation 
Financial Economics

Dr Daniela Fabbri 

Daniela Fabbri is a Senior Lecturer in Finance. Daniela obtained a PhD in Economics from Pompeu Fabra University (Barcelona) and has previously held research and teaching positions in various institutions, including the University of Salerno (Italy), the University of Bologna (Italy), the University of Lausanne (Switzerland) and the University of Amsterdam (Netherlands). Her research interests are in the areas of Corporate Finance and Banking, both theoretical and applied. In her research, Daniela has investigated the role of financial intermediaries and suppliers in the financing activity and growth opportunities of small-medium sized firms. She has also contributed to the literature in Law and Finance, investigating how differences in the degree of creditor protection affect the ability of firms and households to get bank financing. In addition, she has studied the effect personal characteristics of managers have on the operations of non-financial companies. Daniela has had her research published in the Journal of Financial Economics, the Journal of the European Economic Association, the Journal of Corporate Finance, and the Journal of Banking and Finance.

Research Areas

Corporate Finance 
Applied Economics

Dr Angela Gallo 

Dr Angela Gallo joined the Business School in 2016 as a Marie Curie Fellow at the Centre for Banking Research. The funded project was on Shadow Banking and its implications for the real economy. Angela’s research interests are in the areas of banking, structured finance and corporate governance. Her research has been published in international peer-reviewed journals as Corporate Governance: International Review, International Review of Financial Analysis, Journal of International Financial Markets, Institutions & Money. Angela has teaching experience at undergraduate and postgraduate level. She has designed and delivered modules for the Italian Banking Association, international banks and financial advisors in London. She has delivered seminars and talks for industry events and policy-makers. As a member of the Centre for Banking Research, she is involved in the consulting works of the Centre. She is currently a member of the Board of Studies at Bayes Business School.

Research Areas

Corporate Governance  
Financial Institutions  
Financial Regulations  
Financial Risk and Risk Management

Dr  Francesc Rodriguez Tous

Lecturer in Banking Francesc Rodriguez-Tous received his PhD in Economics from the Universitat Pompeu Fabra, in Barcelona. He has previously worked at the Bank of England, Deutsche Bundesbank, and Banco de España.

Francesc's research is about banking, with a particular focus on banking regulation and systemic risk.

Research Areas

Corporate Finance  
Financial Regulations

Professor Vasso Ioannidou

Vasso Ioannidou is a Professor of Finance at Bayes Business School and a research fellow of the Center for Economic Policy Research (CEPR). Prior to joining City in 2021, Vasso was a Professor of Finance at Lancaster University and at Tilburg University. Vasso's research is in the intersection of banking, corporate finance, and monetary economics. Her work has been published at the Journal of Finance, the Journal of Financial Economics, Management Science, the Review of Finance, the Journal of Financial Intermediation, among other journals and it is regularly presented in leading international conferences such as the AFA, EFA, FIRS, NBER, and WFA. Vasso maintains strong research links with several policy institutions such as the Financial Stability Board and several central banks. She currently serves as an associate editor of the Journal of Banking and Finance. She holds a PhD in Economics from Boston College.

Research Areas

Corporate Finance
Monetary Economics

Dr Daniel Beunza Ibanez

Daniel Beunza is Associate Professor of Management at the Centre for Charity Effectiveness at Bayes Business School. Beunza's research explores the ways in which social relations and technology shape financial value. His award-winning study of a derivatives trading room on a Wall Street bank traced the roots of extraordinary returns to the use of space and internal organization. Beunza obtained his PhD from New York University, and has previously taught at Columbia University, the London School of Economics and Copenhagen Business School. His research has been published in Organization Science, Organization Studies and Economy and Society. Beunza is a leading contributor to the social studies of finance literature, and editor of the blog Socializing Finance. He has served as Chair of the Academic Network of the Principles of Responsible Investment, and collaborated with the UK Banking Standards Board on the use of ethnography and grounded theory research to enhance professional standards in the UK’s financial sector. Beunza’s recent book, “Taking the Floor: Models, Morals and Management in a Wall Street Trading Room” (Princeton University Press) considers the moral consequences of the use of economic models on Wall Street.

Research Areas

Organisation Theory
Voluntary Sector Management

Current full time PhD Students

Lavinia Franco

Lavinia Franco is a PhD Candidate in Finance at Bayes Business School in London. Her research is related to banking, financial regulation and systemic risk. Lavinia’s recent researches are related to the credit ratings of European banks and to the potential risks of Fintech in U.S. and Europe. In the past, she visited the Research Department of the European Central Bank (ECB) and the Supervision Department of the European Securities and Markets Authority (ESMA).

Petros Katsoulis 

Petros Katsoulis is a PhD Candidate in Finance at Bayes Business School, London. He holds an MSc in Mathematical Trading and Finance with Distinction (top 10%) from the Business School and a BSc in Financial and Management Engineering from the University of the Aegean. He worked as a risk analyst at ICE Clear Europe before starting his doctoral studies and his current research interests lie in macroprudential regulation and the stability of the banking sector in the presence of central clearing.

Meryem Uyar

Xingchen Zhu 

Current Executive PhD Students

Jafaar Al-Sarraf 

Completed PhD Students

Dwityapoetra Besar 

Deputy Director at the Banking Research and Regulation Department, Bank Indonesia

Dr Dwityapoetra obtained his PhD in Banking from the Business School in 2010. Previously, in 2003, Dr Dwityapoetra was assigned as a research fellow at the Bank of England and at the Asian Development Bank Institute (Tokyo, Japan) in 2004. He was a Research Fellow at the Centre for Banking Research from 2007 to 2010. He is a member of the Emerging Market and Development Economies (EMDE) of the Financial Stability Board and a member of the Financial Stability Infrastructure Work stream in the Asian Banking Integration Framework. Dr. Besar obtained his Master degree in International Banking and Finance from Columbia University in 1998, He has published his works in international journals in the area of banking and financial stability.

Zana Beqiri 

University of Skopje

Zana has a MRes in Finance from Bayes Business School and a MSc in Finance and Investment with Distinction from the University of Edinburgh. Zana also has a PGC in Financial Management from Johns Hopkins University, USA and a BSc in Business Administration; Finance from South East European University, Macedonia. During her postgraduate studies Zana worked at Steiermaerkische Sparkasse Bank, Austria, in a trainee position. She is a recipient of several prestigious scholarships: DAAD, Fulbright, Best of South East scholarship, Chevening and City University Doctoral Studentship. Her Phd research investigates different aspects of the South East European banking system. She worked under the supervision of Barbara Casu Lukac.

Mikael Homanen

Bradley Fellow at the University of Chicago Booth School of Business

Mikael Homanen's research examines the effect of firm access to bank credit on firm skilled labor demand. He recently visited the World Bank's Development Economics Research Group (DECRG) where he worked on financial inclusion in the Finance and Private Sector Research team. Mikael is also working on banking and corporate ESG (Environmental, Social & Governance) policies as well as projects examining the effectiveness of investor engagement on firm outcomes, which is funded by the UN Principles for Responsible Investment (UN PRI).

Personal website: https://mikaelhomanen.com/

Terhi Jokipii 

Economist in the Financial Stability unit, Swiss National Bank (SNB)

Terhi joined the SNB in 2008 and is an Economist in the Financial Stability unit of the Swiss National Bank. She studied at the Business School from where she obtained a Ph.D. for a thesis on bank capital management and was a member of the Centre for Banking Research. She attained her MMSc. in Management from the University of Kent at Canterbury (2000), MSc. in Finance from the ICMA Center, The University of Reading (2001) and completed the Advanced Studies Program at the Kiel Institute for World Economics (2004). Previously, she was a visiting scholar at the Bank of Finland, and conducted research at the Bank of England, the Swedish Institute for Financial Research and the European Central Bank.

Her main research interests focus on varying aspects of banking institutions, in particular bank capital management and risk taking, as well as the link between the banking sector and the real economy.

Nashwa Saleh

Assistant Visiting Professor of Finance at The American University in Cairo

Dr. Saleh is founder of BAST Ratings (www.bastratings.com), the first premium provider of SME ratings in EMEA and Visiting Professor of Finance at the American University in Cairo (AUC). She has more than 20 years of experience across global EM with a special focus on EMEA. She has held various senior equity, debt and capital markets roles with a number of international organizations and regulatory bodies. Her track record spanned mandates with EBRD, AfDB, Central Bank of Egypt, S&P Global and KPMG Corporate Finance. She has covered financial markets & institutions across a number of Global EM and frontier markets including Brazil, Egypt, Turkey, Ukraine, Kazakhstan, Nigeria and Greece, Morocco, Jordan, Tunisia and a number of Sub-Saharan African markets: Ivory Coast, Togo, Uganda, Kenya, Botswana, and South Africa.

Nashwa was recipient of the Business School bursary award and received her PhD degree from the Business School in 2012, with her dissertation on Early Warning Signals for Financial Crises. She published a book in 2010 entitled An Anatomy of the Financial Crisis, Blowing Tumbleweed. She is a Chevening Scholar, receiving her MSc in Finance from London Business School, and obtained her BA in Business Administration from the American University in Cairo (AUC). She is a CFA charter holder, member of the UK CFA Society. She also completed her certification from the UK Institute of Directors (IoD ) as a Certified Company Director in October 2018. She speaks French, English and Arabic.

Anna Sarkisyan 

Lecturer in Banking and Finance, University of Essex

Anna Sarkisyan was awarded a PhD in Finance from the Business School in 2011. Currently she is a Lecturer in Banking and Finance at Essex Business School, University of Essex. Her research focuses on securitisation, risk, and performance in banking. In 2010 she was awarded a Lamfalussy Fellowship from the European Central Bank, to carry out empirical research on banks' retained interests in securitisations and insolvency risk.

Andre Silva 

Economist at Federal Reserve Board, Washington D.C.

André F. Silva completed his PhD candidate Finance at the Business School in 2018 and works as a Visiting Economist the International Monetary Fund (IMF) in 2017-2018. His main research interests are banking regulation and supervision, financial intermediation and access to finance. André’s most recent papers examine the role of banks’ strategic liquidity mismatch decisions on financial sector stability, the benefits and risks associated with financial inclusion and the credit supply and real effects of bank bail-ins.

In the past, he visited the European Central Bank (ECB) and the European Banking Authority (EBA) where he was investigating the exposure of the European Deposit Insurance Scheme to potential bank failures and the effect of bank capital regulation on access to finance of SMEs, respectively. André was also a Teaching Assistant at both the Business School and London Business School, covering courses at the Executive, MBA, MSc and Undergraduate levels.

Personal Website: www.andrefjsilva.com

Ruth Wandhöfer

Managing Director / Global Head of Regulatory & Market Strategy, Citi

Ruth Wandhöfer is a regulatory and FinTech expert in the financial services space and one of the foremost authorities on banking regulatory matters. Ruth's key responsibilities include driving regulatory and industry dialogue and developing product and market strategy in line with the evolving regulatory and innovation landscape.

Ruth chairs a number of influential industry bodies such as the Global Public Policy and Regulatory Affairs Committee of BAFT, the European Banking Federation Payments Regulatory Expert Group and the European Payments Council (EPC) Payment Security Group. She is also a of the European Commission Payment Systems Market Expert Group (PSMEG), a member of BAFT’s Global Innovation Council, a member of the European Biometrics Advisory Council and a member of the UK Bank of England RTGS renewal board.

She is a non-executive director at Pendo Systems, a US data analytics company. She is also member of the advisory board of Coinfirm, a blockchain AML and risk analytics firm and she sits on the advisory board of B2C2, a cryptocurrency market maker.

In her spare time she pursues a PhD on blockchain/distributed ledger technology in relation to financial market infrastructures at Bayes Business School London. She is a founding member of the Global Blockchain Business Alliance, a Fintech Fellow and lecturer of the Centre for Global Finance and Technology at the Imperial College Business School London and a fellow lecturer at Queen Mary London School of Law.

Ruth was named as one of 2010s 'Rising Stars' by Financial News; named in Management Today's 2011 ‘35 Women under 35’ list of women to watch (Sunday Times), and one of the 100 Most Influential People in Finance 2012 as named by Treasury Risk Magazine. In 2015 she was the recipient of the ‘Women in Banking and Finance Award for Achievement’ and in 2016 and 2017 she was named on the global ‘Women in Fintech Powerlist’ of Innovate Finance.

She speaks five languages (EN, DE, F, ES, IT) and has completed studies in various countries, including an MA Financial Economics (UK), an MA International Politics (FR) and an LLM in International Economic Law (UK). She published two books: “EU Payments Integration – the tale of SEPA, PSD and other Milestones along the Road” (2010) and “Transaction Banking and the Impact of Regulatory Change: Basel III and other challenges for the global economy” (2014), both Palgrave MacMillan. She is also co-author of the London Institute of Banking and Finance ‘Certificate in Principles of Payments’.

Visiting Researchers

Dr Francesca Arnaboldi 

Francesca Arnaboldi  serves as Associate Professor in Banking & Finance at University of Milan (Italy). She holds a MSc degree in Financial Management from University of London (UK); and a PhD degree in Banking and Finance from University of Bologna (Italy). Her main areas of interest are international banking, corporate governance, bank competition and performance, bank regulation and supervision.

Dr Laura Chiaramonte 

Laura Chiaramonte is Associate Professor in Banking and Finance at Università Cattolica del Sacro Cuore of Milan (Italy). Her main research interests are in empirical banking, financial regulation and structured finance. Laura has published in international peer-reviewed journals as The British Accounting Review, European Financial Management, Financial Markets, Institutions & Instruments, The European Journal of Finance, Global Finance Journal. She has recently written a book edited by Palgrave Macmillan on Bank liquidity and the Global Financial Crisis. The causes and implications of regulatory reform.

Dr Doriana Cucinelli 

Doriana Cucinelli is Assistant Professor in Financial Intermediaries at University of Milano-Bicocca, Italy. She is also SDA Fellow in Banking and Insurance at SDA Bocconi School of Management and associate researcher at the International Research Centre on Cooperative Finance (IRCCF) of HEC Montréal.

Her main research interests are risk management in banking, bank business models, financial education and financial behavior. Doriana is author of national and international publications and has presented at many national and international conferences.

She holds a Ph.D. in Banking and Finance at University of Roma Tor Vergata and a Laurea cum laude in Finance and Risk Management at University of Parma. She was visiting fellow at the Business School in 2017. She is also member of Panel Experts of Euro-Mediterranean Economists Association (EMEA) since 2018.

Dr Raffaele Giuliana 

Raffaele Giuliana is Economist at the Central Bank of Ireland. He completed his Ph.D. Candidate at the Norwegian School of Economics, Bergen. He visited the Finance Department of the Business School, London, where completed his job market paper on the effects of the bail-in regulation on European banks’ funding costs. A second paper studies how the Chinese exports shocks impacted on Norwegian firms’ profitability and leverage decisions. His research interests are focused on Banking, Capital Structure, Market Microstructure, International Economics, International Finance and Labor Economics. He was the teaching assistant for courses in International Finance, Investments and Empirical Methods in Finance at the Norwegian School of Economics.

Dr Samuel Da-Rocha Lopes 

Samuel Da-Rocha Lopes is Principal Bank Sector Analyst and representative of the European Banking Authority (EBA-European System of Financial Supervision) in several international fora (e.g. BIS, EC, ESRB, ECB/SSM). He is also Coordinator and Professor of the course “Banking Regulation and Supervision in Practice” at Nova School of Business and Economics (Nova SBE), Portugal, and Visiting Lecturer at Aarhus University, Denmark. He holds a PhD in Finance from ISCTE-IBS (IUL). He is a former Economist from the European Central Bank (ECB) and from Banco de Portugal, working in Financial Stability and Supervision, Financial Research and Risk Management areas, and has over 18 years of work experience in risk management.

He has experience of teaching in executive education programs through The World Bank projects and is reviewer of several academic journals. He has published in academic journals such as the Review of Financial Studies, Review of Accounting Studies, the Journal of Accounting Public Policy, European Accounting Review, Journal of Banking Regulation, The International Journal of Accounting, among other journals on various aspects of finance, banking and credit risk management, and has chapters in SUERF “Money, Regulation and Growth: financing new growth in Europe” and in Risk Books such as “Europe's New Supervisory Tools: Data, Benchmarking and Stress Testing for Banks and their Regulators”. He has been a recipient of research and scholarship grants, collaborates as research coordinator with the San Diego State University in a network in International Business, Economics & Accounting (iBEACON) and is researcher of both the UNIDE/ISCTE and CIRSF – Research Centre on Regulation and Supervision of the Financial Sector.

Dr Tommaso Oliviero 

Tommaso Oliviero is a Unicredit Foscolo Europe Research Fellow at CSEF, Naples. In 2014 he obtained his PhD in economics from the European University Institute, Florence. His research deals with financial economics and macroeconomics. He taught courses in banking at the University of Naples Federico II. He recently published in the Journal of Corporate Finance and in the International Journal of Central Banking. His recent works focus on issues related to CEO monetary incentives in financial institutions and on the welfare impact of financial intermediation for the households in the Great Recession.

Dr Richard Reid

Dr Richard Reid is a Non-Executive Director and Member of the Board at Liberty Specialty Markets; Honorary Research Fellow at the University of Dundee; and Honorary Visiting Professor at Bayes Business School, City, University of London. Before this he had been the Head of Research and Chief Economist for the International Centre for Financial Regulation(ICFR). Prior to joining the ICFR Dr Reid was a managing director in the Economics department of Citigroup for nine years, based in London.  Before Citigroup he was the Chief International Economist for Donaldson, Lufkin & Jenrette for three years. Prior to that, a managing director and the Chief European Economist for UBS for 15 years. For two years Dr Reid served as a special advisor to the UK Parliament’s Treasury & Civil Service Select Committee on international monetary affairs.

He started his professional career as a junior lecturer at Strathclyde University in his native Scotland where his Ph.D. was on the evolution of financial systems. He then moved on to become the Chief Economist for a Scottish insurance company, the Scottish Provident.   He has a Ph.D. and M.Sc. from Strathclyde University and an M.A. (Hons.) from Aberdeen University.

Dr Antonio Trujillo-Ponce 

Antonio Trujillo-Ponce is a Senior Lecturer in Finance at the Universidad Pablo de Olavide, in Seville (Spain). He is currently the Director of the Banking and Entrepeneurial Finance Research Group. He has been a visiting scholar at the Bayes Business School in London and the Leonard N. Stern School of Business in New York, as well as other institutions. His research interests are focused on banking and finance, with a particular emphasis on empirical banking and financial regulation. He has published over 20 academic research articles in journals such as the Journal of Banking and Finance, Journal of Financial Services Research, Journal of Business Ethics, Accounting and Finance, Journal of Business Economics and Management, Journal of Economic Policy Reform, Applied Economics, Universia Business Review, and the Spanish Journal of Finance and Accounting. He obtained his PhD from the University of Seville, Spain. From 2016 he is also Member of the Board of Directors of a Mutual Guarantee Society (Garántia, SGR).

Dr Eliza Wu

Dr Eliza Wu is an Associate Professor in Finance at the University of Sydney Business School. Eliza has a joint honours degree in Economics and Econometrics and a PhD in Finance from the University of New South Wales (UNSW).

Eliza’s research expertise lies within empirical finance and banking. Her research is focused on international capital markets, financial institutions, the impact of financial regulations, credit risk and corporate governance. Eliza has published over 40 international academic journal articles and book chapters and her research papers have been accepted for presentations in leading academic conferences. Eliza serves as an Associate Editor for the Journal of Financial Stability, International Review of Economics and Finance and the International Review of Financial Analysis.

Eliza teaches Banking units in the Undergraduate and Postgraduate curriculum as well as International Business Finance and Executive Education programs in Banking at the University of Sydney. She has also taught at the University of Cambridge. She has received the Dean’s Citation for Teaching Excellence and is currently supervising several PhD students.

Outside of academia, Eliza has worked at the Reserve Bank of Australia and at the Bank for International Settlements’ (BIS) Representative Office for Asia and the Pacific. She has also served as a research fellow at the Hong Kong Institute for Monetary Research and undertakes consulting and policy work.