March 21, 2017
IEX CEO Brad Katsuyama Speaks at Lehigh
The talk was presented by the Center for Financial Services at the College of Business and Economics, the Visiting Lectures Committee and the Zoellner Arts Center. Referred to as the most powerful person on the market floor by Michael Lewis, Brad Katsuyama is the subject of Lewis’ latest best-seller, Flash Boys: A Wall Street Revolt—one of the most provocative books ever to hit the financial market. The story reveals how the practice of computerized high-frequency trading (HFT) has allowed certain Wall Street players to work the stock market to their advantage. As the former Head of Electronic Sales & Trading at RBC, Katsuyama noticed seemingly small discrepancies (often fractions of a penny) that, when compounded, were costing his clients and many other major market players millions of dollars. He uncovered the inner-workings of this computerized trading system, and was one of the first to draw attention to a practice that—as Lewis puts it—is “rigging the market.” Katsuyama helped devise a plan to identify and correct the effects of HFT tactics with the creation of IEX, an upstart stock trading venue designed to institutionalize fairness through the use of technology.
February 15, 2017
Meg Wolf Appointed Assistant Director of the Center for Financial Services
"I am excited to share the news that Meg Wolf ’02, ’03 has accepted the Assistant Director position for the Center for Financial Services (CFS) within the College of Business and Economics (CBE). Meg has a deep working knowledge of the university and broad professional network built over many years in her various roles throughout the University. Meg has not one but two degrees from Lehigh in Journalism and Marketing, and brings to the table 13 years of combined experience in development, sales, marketing and non-profit. Meg joined her alma mater in 2008, where she served in several key roles in Lehigh’s Development and Alumni Relations department including Associate Director of Annual Fund Marketing, Segmentation & Participation, Senior Associate Director of Reunion, Director of Class Based Giving, and CBE Leadership Gift Officer. Her responsibilities were wide-ranging, and included annual giving marketing, management of reunion class fundraising, oversight of reunion committees, event planning, raising resources for the CBE – to name just a few. Meg has also helped with the CBE’s Women in Business initiative, the CBE’s Professional-in-Residence engagement opportunities, and the finance speaker series class. She has been an integral part of the development of the Center and is responsible for attracting the very talented CFS Board. Having her as part of the CFS team will allow the Center to expand its range of activities and to move the Center forward. I am delighted that she decided to make her association with the Center her central focus and I look forward to working with her in the years to come."
-Kathleen Weiss Hanley, Director, Center for Financial Services
May 10, 2016
Hanley Honored with 'Distinguished Teaching Award'
In May, Kathleen Weiss Hanley was Honored by the Robert H. Smith School of Business at the University of Maryland with a 'Distinguished Teaching Award.'
April 01, 2016
Lehigh Research Review Vol.1, 2016: Impact of the Jobs Act
The JOBS Act of 2012 was supposed to help make it easier for early stage companies to go public. Years later, Kathleen Weiss Hanley questions whether the Act may have unintended consequences for capital formation.
March 08, 2016
CBE Professor Garners Honorable Mention of SIFI Contest
Kathleen Weiss Hanley, Professor of Finance, Bolton-Perella Chair and Director of the Center for Financial Services, garnered an honorable mention from the Massachusetts Institute of Technology Center for Finance and Policy's SIFI ("What is a Systemically Important Financial Institution?") Contest for her proposal.
Kathleen Weiss Hanley is a Professor of Finance; the Director of the Center for Financial Services, and holds the Bolton-Perella Chair.