Priorities and Pitfalls: The New International Financial Regulation

Panel discussion, 3:30 PM
Thomas Lee Lecture Hall, Lemberg Academic Center

Reception, 5:00 pm
World Court, Lemberg Academic Center

The Rosenberg Institute for Global Finance is proud to bring you the executive roundtable event Priorities and Pitfalls: The New International Financial Regulation. This panel discussion will feature a presentation of student research on the potential impact of Basle III on financial markets and institutions in emerging market countries, followed by response and commentary by industry specialists from the public and private sectors.

Moderated by

Student Panelists

Industry Panelists

Norah Barger
Senior Advisor for Capital and International Policy, Division of Banking Supervision and Regulation
Board of Governors of the Federal Reserve System.

Ms. Barger is Senior Adviser for Capital and International Policy in the Division of Banking Supervision and Regulation at the Federal Reserve Board. She has chaired several subgroups of the Basel Supervisors Committee (BSC) that have worked on the development and implementation of the Basel II capital framework and is currently co- chairman of the BSC’s Trading Book Group. Ms. Barger led many of the Federal Reserve Board’s efforts with regard to the crafting of the recently agreed Basel III standards and is charged with Federal Reserve efforts to ensure that the international standards are implemented robustly domestically, as well as across countries. After receiving an A.B. from Princeton University and an M.B.A. from Georgetown University, Ms. Barger joined the Federal Reserve Board in 1986 as a financial analyst. She has worked on the Board’s capital standards for banking organizations since 1988, and her involvement with international deliberations related to the Basel Accord began in 1992.

David J. Gutschenritter
Executive Vice President and Treasurer
State Street Corporation

David Gutschenritter is Executive Vice President and Treasurer reporting to the Chief Financial Officer. He is the Global Treasury Department head with responsibilities for balance sheet, investment portfolio, liquidity, and interest rate risk management activities worldwide. He joined State Street in May, 2004 as the Director of Capital Planning and prior to being named Treasury Department Head, he was the Managing Director of Global Liability and Capital Management.

Prior to joining State Street, he spent 22 years at FleetBoston Financial (now Bank of America) and one of its predecessor banks, BankBoston. His entire career has been in Treasury during which time he held numerous positions, the most recent of which was Director of Capital Planning.

David received his Bachelor of Science Degree in Mechanical Engineering from the University of Notre Dame in 1979 and his Master of Business Administration from the University of Michigan in 1982.

Nicolas Véron is a Visiting Fellow at the Peterson Institute for International Economics in Washington, D.C.and a Senior Fellow at Bruegel, a Brussels-based economic policy think tank, the creation of which he has contributed to since 2002, and divides his time about equally between the United States and Europe. A French citizen, he has held various positions in the public and private sectors, including as corporate adviser to France's labor minister (1997–2000), as chief financial officer of the publicly listed internet company MultiMania / Lycos France (2000–2002), and as an independent financial services consultant. Since 2008 he has been a member of the CFA Institute's Corporate Disclosure Policy Council.

He has published on setting accounting standards, audit firm governance, banking supervision, cross-border financial crisis management, economic nationalism, financing of high-growth firms, industrial policy, internationalization of large companies, oversight of inward investment in the European Union, and rating agencies. He coauthored Smoke and Mirrors, Inc.: Accounting for Capitalism (2006) and since 2005 has published a monthly column that is now published by newspapers including De Tijd (Belgium), Caixin (China), La Tribune (France), FT Deutschland (Germany), Kathimerini (Greece), La Voce (Italy), RBC Daily (Russia), and Radikal (Turkey). He speaks fluent English, French, German, and Spanish.