5th International Conference of the Financial Engineering and Banking Society
2015 FEBS Distinguished Scholar Award
Edward Altman (Stern School of Business, New York University, USA) was the recipient of the FEBS Distinguished Scholar Award for 2015 for his outstanding contributions to finance research. Edward Altman is the Max L. Heine Professor of Finance at the Stern School of Business, New York University, and Director of the Credit and Fixed Income Research Program at the NYU Salomon Center. Dr. Altman has an international reputation as an expert on corporate bankruptcy, high yield bonds, distressed debt and credit risk analysis. He was named Laureate 1984 by the Hautes Etudes Commerciales Foundation in Paris for his accumulated works on corporate distress prediction models and procedures for firm financial rehabilitation and awarded the Graham & Dodd Scroll for 1985 by the Financial Analysts Federation for his work on Default Rates and High Yield Corporate Debt. He was inducted into the Fixed Income Analysts Society Hall of Fame in 2001 and elected President of the Financial Management Association (2003) and a Fellow of the FMA in 2004, and was amongst the inaugural inductees into the Turnaround Management Association’s Hall of Fame in 2008. In 2005, Dr. Altman was named one of the “100 Most Influential people in Finance” by Treasury & Risk, Management magazine. Dr. Altman is an advisor to many financial institutions including Paulson and Company, RiskMetrics (MSCI), Classis Capital (Milan, Italy) and Equinox, S.A. (Switzerland); as well as on the Board of the Franklin Mutual Series Funds. He was an advisor to the Centrale dei Bilanci (Turin, Italy) and the New York State Retirement Fund, Automated Trading Desk, Inc. and Concordia Advisors. He is also Chairman of the Academic Advisory Council of the Turnaround Management Association.
LabEx ReFi Best Paper Award
A 1000 Euro honorarium was given to the best selected paper sponsored by LabEx ReFi. The best selected paper was entitled "Study of banking system stability using differential equations", co-authored by Mengyang Wei (University of Kent), Miguel Leon-Ledesma (University of Kent), Gianluca Marcelli (University of Kent), Sarah Spurgeon (University of Kent).
Founded in 2010, LabEx ReFi is a consortium between four academic, research and training centers: ESCP Europe, ENA, Paris 1 La Sorbonne University and the CNAM. In 2011 the project has been selected as an Excellence Lab by the jury in the Investissements d’avenir Programme.