Salomon Center for the Study of Financial Institutions
Founded in 1972 by a grant from the partners of Salomon Brothers, the Salomon Center specializes in the study of financial institutions and markets, including commercial banks, investment banks, managed funds and insurance companies. Recently, the Center has played an important role in the development of the new architecture of global finance and has been instrumental in the organization of several NYU Stern School book projects: Restoring Financial Stability, Regulating Wall Street, and Guaranteed to Fail: Fannie Mae, Freddie Mac, and the Debacle of Mortgage Finance.
The Center's activities are grouped into the following five research programs, each directed by an NYU Stern professor:
- Alternative Investments, directed by Matthew Richardson
- Credit & Debt Markets, directed by Edward I. Altman
- Derivatives Research, directed by Joel Hasbrouck
- Financial Policy and Institutions, directed by Philipp Schnabl
- Household Finance, directed by Johannes Stroebel