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Date: Thursday 9th May 2024   Time: 18:30 - 20:00 BST
Venue: Old Theatre, Old Building, LSE (map)
SpeakerAnat Admati (Stanford Graduate School of Business) 
ChairCharles Goodhart (FMG/LSE)

Join us for this lecture at which Anat Admati will talk about her latest book, The Bankers' New Clothes: What's Wrong with Banking and What to Do about It.

Anat argues that the new bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis, and that banks are actually still dangerous. She debunks the false and misleading claims of bankers, regulators, politicians, academics, and others who oppose effective reform, and explains how the banking system can be made safer and healthier, exposing the shortcomings of current policies and revealing how the dominance of banking even presents dangers to the rule of law and democracy itself.

Anat R. Admati is the George G.C. Parker Professor of Finance and Economics at Stanford Graduate School of Business and a senior fellow at Stanford Institute for Economic Policy Research. Her disciplinary interests lie in the interaction of business, law and policy, and specifically governance and accountability mechanisms in the private sector and in government. She has written for the New York Times and the Financial Times and has been included in Time’s 100 Most Influential People and Foreign Policy’s 100 Leading Global Thinkers. Her full biography is available here.

Charles Goodhart was appointed to the Norman Sosnow Chair of Banking and Finance at the London School of Economics in 1985, until his retirement in 2002 when he became Emeritus Professor of Banking and Finance. Prof. Goodhart helped to found, with Prof. Mervyn King, the Financial Markets Group at London School of Economics, which began its operation at the start of 1987. He was elected a Fellow of the British Academy in 1990, and awarded the CBE in 1997, for services to monetary economics.

This public event is free and open to all. This event will be a hybrid event, with an in-person audience and an online audience. 

  • For the in-person event: No ticket or pre-registration is required. Entry is on a first come, first served basis. 
  • For the online event: Registration for this event will open after 10am on Thursday 18 April.


Book cover:

Book cover anat Admati's 'The Banker's New Clothes'