This collaboration combines the disciplines and knowledge of those in academia who have studied the industry for years and banking practitioners who have worked on tax, accounting, regulatory and other business challenges.
New York, NY and Philadelphia, PA (PRWEB) May 10, 2011
The financial crisis, Basel III, Dodd-Frank and industry reforms in other nations globally have had a profound impact on the banking landscape. To help banking industry decision-makers chart a course through this rapidly evolving environment and seize opportunities for growth, Knowledge@Wharton and Ernst & Young's Banking & Capital Markets practice today announced that they are kicking off a joint video series titled Global Banking: Foresights and Insights.
Through this collaboration, financial subject matter professionals from the global Ernst & Young network and Knowledge@Wharton, the free, online journal of the Wharton School of the University of Pennsylvania, will explore the future of global banking through video topic briefings that address questions that are top-of-mind in the banking industry:
- What is the long-term impact of new banking regulations?
- How can banks change business models profitably?
- What will shareholder value look like?
- Will growth come more from emerging markets? Product innovation?
The series debuts with, “Responding to the New Wave of Re-regulation,” a video discussion that pairs Bill Schlich, Ernst & Young Global Banking & Capital Markets Leader, with Wharton Professor Richard Herring, Co-Director of The Financial Institutions Center at Wharton and also a Co-Director of The Shadow Financial Regulatory Committee. Joining them is Donald Vangel, Senior Advisor on banking, supervisory and regulatory matters with Ernst & Young LLP’s Financial Services Office, who is also a former supervisor with the New York Fed. The discussion is moderated by Stephen Sherretta, a Knowledge@Wharton editor.
Says Mukul Pandya, executive director/editor-in-chief, Knowledge@Wharton, “Through arrangements like this one with Ernst & Young, Knowledge@Wharton continues to build on its custom thought leadership content. As recent history has shown, financial regulation is a topic of utmost importance to the global economy. Through our partnership with Ernst & Young we hope to instill greater understanding of this topic among millions of Knowledge@Wharton visitors."
Ernst & Young’s Schlich agrees: “This collaboration combines the disciplines and knowledge of two distinct professions: those in academia who have researched and studied the industry for years and banking practitioners who have worked at all levels within global banks on tax, accounting, regulatory and other business challenges,” he said. “The pairing of these two very different experiences creates the opportunity for us to develop a well-rounded and robust perspective on the future of the industry worldwide.”
Through their ongoing relationship, Knowledge@Wharton and Ernst & Young will continue to develop video content examining the global banking and capital market landscape. The content will reach their 1.7 million subscribers through the bi-weekly Knowledge@Wharton email newsletter and via YouTube, podcasts and social networks. Topics will include lessons learned from the financial crisis, emerging markets, information technology investments, future growth models and more.
Through their ongoing relationship, Knowledge@Wharton and Ernst & Young will continue to develop video content examining the global banking and capital market landscape. Future video topics will include lessons learned from the financial crisis, emerging markets, information technology investments, future growth models and more.
About The Wharton School and Knowledge@Wharton
The Wharton School of the University of Pennsylvania — founded in 1881 as the first collegiate business school — is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. The most comprehensive source of business knowledge in the world, Wharton bridges research and practice through its broad engagement with the global business community. The School has more than 4,800 undergraduate, MBA, executive MBA, and doctoral students; more than 9,000 annual participants in executive education programs; and an alumni network of 86,000 graduates.
Knowledge@Wharton is a free biweekly online resource that captures knowledge generated at the Wharton School and beyond through such channels as research papers, conferences, speakers, books, and interviews with faculty and other business experts on current business topics. The Knowledge@Wharton network – which includes Chinese, Spanish, Portuguese, Indian and Middle East editions -- has nearly 1.7 million subscribers worldwide and contains more than 2,000 articles and research papers in its database. For more information: http://knowledge.wharton.upenn.edu
About Ernst & Young Banking & Capital Markets Center
In today’s globally competitive and highly regulated environment, managing risk effectively while satisfying an array of divergent stakeholders is a key goal of banks and securities firms. Ernst & Young’s Global Banking & Capital Markets Center brings together a worldwide team of professionals to help clients achieve their potential – a team with deep technical experience in providing assurance, tax, transaction and advisory services. The Center works to anticipate market trends, identify the implications and develop points of view on relevant industry issues. Ultimately it enables us to help clients meet their goals and compete more effectively. It’s how Ernst & Young makes a difference.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 141,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. For more information, please visit http://www.ey.com
Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited in the U.S.