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Jan Pieter Krahnen
Jan Pieter Krahnen (born 31 August 1954) is Professor for corporate finance at the Goethe-University Frankfurt and director of the Center for Financial Studies and the Research Center SAFE. Life After completing an apprenticeship at the BHF-Bank, Krahnen studied business administration at the Goethe University Frankfurt where he earned a PhD in 1984. Four years later he received his postdoctoral lecture qualification (habilitation) from the Freie Universität Berlin. After staying at the University of Cologne and the Justus Liebig University Giessen, Krahnen returned to the Goethe University Frankfurt in 1995. At the same time he became director of the Center for Financial Studies. Research Krahnen's research interests focus on banks, financial intermediaries, credit management and credit markets. Public influence Between 2008 and 2012 Krahnen was a member of a German government expert group that drew up proposals on how to reform international financial markets. The Commi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goethe-University Frankfurt
Goethe University (german: link=no, Johann Wolfgang Goethe-Universität Frankfurt am Main) is a university located in Frankfurt am Main, Germany. It was founded in 1914 as a citizens' university, which means it was founded and funded by the wealthy and active liberal citizenry of Frankfurt. The original name was Universität Frankfurt am Main. In 1932, the university's name was extended in honour of one of the most famous native sons of Frankfurt, the poet, philosopher and writer/dramatist Johann Wolfgang von Goethe. The university currently has around 45,000 students, distributed across four major campuses within the city. The university celebrated its 100th anniversary in 2014. The first female president of the university, Birgitta Wolff, was sworn into office in 2015, and was succeeded by Enrico Schleiff in 2021. 20 Nobel Prize winners have been affiliated with the university, including Max von Laue and Max Born. The university is also affiliated with 18 winners of the Gottfri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Economist
Chief economist is a single-position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the planning, supervision, and coordination of the economic research. Synopsis Chief economists work primarily in banks and government institutions. By the 2010s, the chief economist position was established at large internet companies such as Google and Microsoft. Further, a trend began in data and financial services companies to utilize chief economists in customer- and media-facing roles to help in placing data in a larger economic context. Government positions In the European Union (EU), the post of Chief Economist (''aka'' Chief Competition Economist) was created in 2003 as part of the European Commission, reporting to the Director General for Competition. This role is primarily focused on advising around th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liikanen Report
The Liikanen Report or "Report of the European Commission’s High-level Expert Group on Bank Structural Reform" (known as the "Liikanen Group") is a set of recommendations published in October 2012 by a group of experts led by Erkki Liikanen, governor of the Bank of Finland and ECB council member. On 3 July 2013, by large majority the European Parliament adopted an own initiative report called "Reforming the structure of the EU banking sector" that welcomes structural reform measures at Union level to tackle concerns on Too big to fail banks, that led to the publication of a proposal of ''Regulation on structural measures improving the resilience of EU credit institutions'' in January 2014. This proposal was withdrawn in July 2018. Formation and objectives The Liikanen Group was molded after the UK's Independent Commission on Banking: EU Internal Markets Commissioner Michel Barnier set up the group in November 2011 in the context of the European sovereign-debt crisis and great re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Finland
The Bank of Finland ( fi, Suomen Pankki, sv, Finlands Bank) is the central bank of Finland. It views itself as the fourth oldest surviving central bank in the world, after Sweden's Riksbank, the Bank of England, and the Bank of France. History The precursor of Bank of Finland, ''Waihetus-, Laina- ja Depositioni-Contori Suomen Suuren-ruhtinaanmaassa'' (The Exchange, Loan and Deposit Office of the Grand Duchy of Finland), was established on 1 March 1812 in the city of Turku by Alexander I of Russia. In 1819 it was relocated to Helsinki. Until 1840 the main purpose of the bank was to carry out currency reform to introduce Imperial ruble. The Bank created and regulated the Finnish Markka from its inauguration in 1860 until Finland adopted the euro in 1999. Mandate, ownership and organization The Bank of Finland is Finland's central bank and a member of the European System of Central Banks and of the Eurosystem. It is Finland's monetary authority, and is responsible for the countr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erkki Liikanen
Erkki Antero Liikanen (born 19 September 1950) is a Finnish social democratic politician and a former Governor of the Bank of Finland. Early life and education Erkki Antero Liikanen obtained a bachelor’s degree in Political Science (Economics) from the University of Helsinki in 1975. Political career Liikanen was elected to the Finnish Parliament in 1972 when he was only 21 years old. Liikanen was appointed as the Minister of Finance in the Holkeri Cabinet in 1987. He left Parliament in 1990 to become the first Finnish Ambassador to the European Union. In 1994 he became the first Finnish Member of the European Commission. He was Commissioner for Budget, Personnel and administration, which included responsibilities for translation and information technology. Liikanen served as Governor of the Bank of Finland from 12 July 2004. As such he also became a Member of the Governing Council of the European Central Bank (2004–2018) and Governor of the International Monetary Fund ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michel Barnier
Michel Barnier (born 9 January 1951) is a French politician who served as the European Commission's Head of Task Force for Relations with the United Kingdom (UK Task Force/UKTF) from 2019 to 2021. He previously served as Chief Negotiator, Task Force for the Preparation and Conduct of the Negotiations with the United Kingdom under Article 50 TEU (Task Force 50/TF50) from October 2016 to November 2019. Barnier has served in several French cabinet positions including Minister of Agriculture and Fisheries from 2007 to 2009, Minister of Foreign Affairs from 2004 to 2005, Minister of State for European Affairs from 1995 to 1997 and minister of the environment from 1993 to 1995. He served at European level as European Commissioner for Regional Policy from 1999 to 2004 and European Commissioner for Internal Market and Services from 2010 to 2014. He served as vice president of the European People's Party (EPP) from 2010 to 2015. In August 2021, Barnier announced his candidacy for P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Ministry Of Finance (Germany)
The Federal Ministry of Finance (german: Bundesministerium der Finanzen), abbreviated BMF, is the cabinet-level finance ministry of Germany, with its seat at the Detlev-Rohwedder-Haus in Berlin and a secondary office in Bonn. The current Federal Minister of Finance is Christian Lindner ( FDP). History In German politics, the Ministry of Finance beside the Interior, Foreign, Justice and Defence ministries is counted as one of the "classical portfolios" (denoted by the definite article ''der''), which were also part of the first German government under Otto von Bismarck following the Unification of 1871. Fiscal policy in the German Empire was predominantly the domain of the various states responsible for all direct taxation according to the 1833 ''Zollverein'' treaties. The federal government merely received indirect contributions from the states. Matters of fiscal policy at the federal level initially was the exclusive responsibility of the German Chancellery under Otto von Bi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Securities And Markets Authority
The European Securities and Markets Authority (ESMA) is an independent European Union Authority located in Paris. ESMA replaced the Committee of European Securities Regulators (CESR) on 1 January 2011. It is one of the three new European Supervisory Authorities set up within the European System of Financial Supervisors. __TOC__ Overview ESMA works in the field of securities legislation and regulation to improve the functioning of financial markets in Europe, strengthening investor protection and co-operation between national competent authorities. The idea behind ESMA is to establish an "EU-wide financial markets watchdog". One of its main tasks is to regulate credit rating agencies. In 2010 credit rating agencies were criticized for the lack of transparency in their assessments and for a possible conflict of interest. At the same time, the impact of the assigned ratings became significant for companies and banks but also states. In October 2017, ESMA organised its first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Otmar Issing
Otmar Issing (born 27 March 1936 in Würzburg) is a German economist who served as a member of the Executive Board of the European Central Bank from 1998 to 2006 and concurrently as ECB chief economist. He developed the 'two-pillar' approach to monetary policy decision-making that the ECB has adopted. After leaving the Executive Board, Issing been serving as president of the Center for Financial Studies since 2006. Life Issing studied economics at the University of Würzburg from 1955 until 1960 with temporary studies in London and Paris. From 1960 to 1966 he worked as a research assistant at the University of Würzburg. He earned his PhD in 1961 and received his postdoctoral lecture qualification (habilitation) in 1965. In 1967 Issing became director of the Institute for International Economic Relations at the University of Erlangen-Nuremberg and full professor at the faculty of economics and social sciences of the University of Erlangen-Nuremberg. In 1973 he was appointed P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International use, most important central banks. The Governing Council of the European Central Bank, ECB Governing Council makes the projects for the monetary policy for the European Union with suggestions and recommendations and to the Eurozone with more direct applications of such policies, it also administers the foreign exchange reserves of EU member states in the Eurozone, engages in foreign exchange operations, and defines the intermediate monetary aims and objectives, and also the common interest rates for the EU. The Executive Board of the European Central Bank, ECB Executive Board makes policies and decisions of the Governing Council, and may give direction to the national central banks, especially when doing so for the Eurozone central ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Markets
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
