IESE Insight - Finance

Is our banking system sound at last?

Bolton, Patrick; Cecchetti, Stephen; Danthine, Jean-Pierre; Vives, Xavier A new report assesses the achievements and outstanding business of a decade of financial regulation. IESE's Xavier Vives and co-authors look at the past to better prepare for the future of banking.

Starting up amid a global slowdown: Spain's business angels are optimistic

Roure, Juan; de San José Riestra, Amparo Economic growth may be slowing, but startups in Spain are nonetheless enjoying a healthy influx of international funding and increased corporate venturing.

What's the best asset allocation for retirees?

Estrada, Javier; Kritzman, Mark You save for retirement, and then you retire. Yet the questions keep coming: How much should be invested in stocks vs. bonds? How long will your portfolio last? A new analytic tool could help investors optimize their asset allocation to better fund those golden years.

How to run companies with the stroke of a hashtag

Llopis, Jaume Twitter has changed how we communication. The book 500 tweets for better management gathers thoughtful messages about the economy and business management from the active account of IESE's Jaume Llopis.

In Search of the Virtuous Banker

Cowton, Christopher Despite some progress over the past 10 years, the controls put in place to prevent another global financial crisis fail to address two key concerns: corporate culture and individual character. Christopher Cowton proposes a virtue framework, so that those in the profession can start to define and agree what makes a good bank as well as a good banker.

Could Crowdfunding Be Right for Your Business?

Eufinger, Christian Crowdfunding is among the fastest growing segments in the financial industry. This article, based on research and teaching by IESE's Christian Eufinger in this emerging area, outlines the various options currently on the market, highlighting their strengths over traditional forms of financing.

How Big Data, AI and Blockchain Are Changing Finance

Giné, Mireia; Antón, Miguel The marriage of finance and technology has given rise to new players that are transforming the financial industry. IESE's Mireia Giné and Miguel Antón show how pioneering fintech business models can afford greater speed and efficiency, personalization, automation and easier access, while reducing many of the problems that have long plagued traditional financial exchanges.

Search fund model takes root in Europe and Latin America

Kolarova, Lenka; Dávila, Antonio; Johnson, Rob; Kelly, Peter In 2017, there was a new peak of search-fund activity outside of the U.S. and Canada, with the founding of 21 new funds. Recent growth is especially robust in Continental Europe and Latin America, according to a 2018 biennial study of this investment vehicle.

A Basic Ingredient for Finance to Avoid a New Crisis

Argandoña, Antonio A decade after Lehman Brothers' collapse and the global financial crisis, Antonio Argandoña insists that ethics is the fundamental requirement to restore our sense of security and confidence in the financial system that was cracked by the last crisis.

Backdoor Bailouts: Banks Exploiting Other Banks' Government Guarantees

Eisert, Tim; Eufinger, Christian Do banks take advantage of the assumption that they may be deemed "too big to fail" or "too interconnected to fail"? Yes, says research by Christian Eufinger. What's more, this assumption adds systemic risk, as increasingly interconnected banks have learned to exploit "backdoor bailouts."