Warrington in the News Articles: page 19
It’s no secret that Warrington faculty are internationally renowned for their innovative research. The media looks to our scholars for insights and impactful news. See below where our faculty are featured in the news.
Retail investors are piling into stock offerings, fueling a jump in new listings by micro-cap companies in the face of a banking crisis that is sidelining bigger deals. Cordell Eminent Scholar Jay Ritter shares his insights for this story.
Retail Investors Are Helping Small IPOs Defy This Market Turmoil
Bloomberg
First Republic suffered a downgrade on Wednesday from two credit agencies, sending its stock down more than 20%. Jay Ritter, Cordell Eminent Scholar, explained that “rating agencies normally follow rather than lead in terms of the stock price.”
First Republic Stock Fell on a Credit Downgrade. Here’s What To Know
The San Francisco Standard
The New Jersey-based regional bank has an increased profile after the trio of recent bank collapses – and will likely face added regulatory scrutiny. Cordell Eminent Scholar Jay Ritter shares his insights with CoinDesk.
Who Is Cross River Bank, USDC Stablecoin Issuer Circle’s New Partner?
CoinDesk
SVB Financial Group’s Silicon Valley Bank on Friday become the first major bank since the global financial crisis in 2008 to be taken over by the Federal Deposit Insurance Corp. in a sudden demise for a once-mighty lender to technology companies in its namesake region. Jay Ritter, Cordell Eminent Scholar, said a rescue by one of the nation’s big banks seemed less likely, in light of an “anti-bigness” posture within the administration of President Joe Biden.
Silicon Valley Bank becomes biggest bank since 2008 financial crisis to be taken over by FDIC
MarketWatch
In the hours since the surprise collapse of Silicon Valley Bank with its roughly $209 billion in assets, the U.S. financial system is reeling from the second-largest bank failure in the country’s history. The rapid failure of Silicon Valley Bank left a gaping hole in the tech industry, and some analysts and banking experts have reflected on the similarities and differences from the only American bank collapse larger than the one from this week: Washington Mutual. Cordell Eminent Scholar Jay Ritter shares his insights.
Even after Silicon Valley Bank’s collapse, WaMu’s is still the biggest
Washington Post
The words “bank run” evoke images of panicked investors pounding on the doors of an august institution, demanding their money for fear it will vaporize. Metaphorically, that’s what happened at Silicon Valley Bank, which collapsed Friday morning just two days after first revealing its struggles.
For the average person, there is nothing to lose sleep over, according to Cordell Eminent Scholar Jay Ritter.
Silicon Valley Bank just imploded. Here’s what it means for your money
San Francisco Chronicle
Two high-flying AI companies backed by an influential Middle Eastern royal have been opening up to the public markets for the first time. Behind the scenes, their rise has been predominantly powered by business with connected parties. Cordell Eminent Scholar Jay Ritter shares his insights for this story.
Mideast spymaster’s hot AI plays rely on related-party sales
Yahoo! FinanceMideast spymaster’s hot AI plays rely on related-party sales
Bloomberg
This week marks the one-year anniversary since the Russia-Ukraine war began, when Russia invaded Ukraine after supporting the separation of Ukrainian territory. The impact has been global. Asoo Vakharia, a supply chain researcher and McClatchy Professor in the University of Florida’s Warrington College of Business, has been tracking trends in these global disruptions. While economic 2022 data is still being finalized, Vakharia discusses what we know about the disruption from the war, how countries are coping with the changes, and future supply chain challenges.
The global supply chain consequences of the Russia-Ukraine war
UF News
Assistant Professor Sehoon Kim‘s recently published academic study found that individual investor demand for socially responsible investing “is highly sensitive to income shocks” and economic stress.
Investors avoid ESG when times get tough
Nasdaq
A group of leading AI experts from institutions in the U.S. and abroad presented on a range of topics related to AI and its applications and implications for hiring, management, privacy, health care treatment decisions, population health and more at the UF-NSF Workshop on AI Governance, presented in part by the UF Warrington College of Business Department of Management.