Two Jefferson (Philadelphia University + Thomas Jefferson University) faculty members will discuss the changing dynamics of financial markets July 28 in New Delhi, India. D.K. Malhotra, professor of finance, and Philip Russel, professor of finance and dean of graduate education, will participate in the international seminar, organized by Jefferson and India’s BIMTECH Birla Institute of Management Technology.
Russel will review the regulation of financial markets, providing historical perspective and delving into the latest research, data insights and calls for reform.
Malhotra will address the types, drivers and processes of financial innovation, as well as the impact of financial innovation on financial systems and overall economic growth.
“From telephone banking to cashless wallets, financial innovation has come a long way, and it is changing the way everyone across the world handles money,” said Malhotra, the Nydick Family Term Chair. “In many ways, financial innovation is redefining financial markets, and regulators across the globe are scrambling to gain a better understanding so they can distinguish the value of adding innovation from just profit making.”