# Prof. Thomas Philippon's research on the financial services industry is highlighted

1 Faculty News February 6, 2015 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025699.jpg?itok=5SpaxEbn)>

Excerpt from [Financial Times](http://blogs.ft.com/mba-blog/2015/02/06/is-finance-an-unproductive-industry/) -- "On 3 February, the school welcomed [Thomas Philippon](http://w4.stern.nyu.edu/faculty/bio/thomas-philippon), professor of finance at NYU Stern School of Business, who has recently produced a paper warranting a great deal of examination: after painstaking research, he has concluded that over the past 130 years, there has been no productivity increase in finance."

[Read more](http://blogs.ft.com/mba-blog/2015/02/06/is-finance-an-unproductive-industry/)