Anthony M. Santomero Faculty Profile

Anthony M. Santomero
Richard King Mellon Professor Emeritus of Finance

E DLhe (Hon) Stockholm School of Economics; PhD, Brown University, 1971; AB, Fordham University, 1968

Research Areas
Financial institutions and markets; risk management; financial structure; financial negotiation

Recent Consulting
Consultant for leading financial institutions and regulatory agencies in the U.S. and abroad on issues including risk management, financial restructuring, credit risk evaluation and management, and regulation. Internationally, has served as consultant to the European Economic Community and institutions in Sweden, Japan, New Zealand, Israel, India, Italy, Switzerland, Israel and Turkey

Current Projects
Risk management in financial institutions. Financial structure change.

Academic Positions Held
Wharton: 1972-2002. (Director, Financial Institutions Center, 1995-2000; Deputy Dean, 1990-94; named Richard King Mellon Professor of Finance, 1984; Vice Dean and Director, Wharton Graduate Division, 1984-87; Co-Chairperson, Finance Department, 1982-84; Associate Director, Doctoral Programs, 1975-77). Previous appointment: Baruch College, City University of New York. Visiting appointments: Ecole Superieure des Sciences Economiques et Commerciales, France; European Institute for Advance Studies in Management, Belgium; Stockholm School of Economics, Gothenberg University, Sweden; University of Rome (Tor Vergata), Italy

Other Positions
Senior Advisor, McKiinsey & Co., 2006-present; President, Federal Reserve Bank of Philadelphia, 2000-2006

Career and Recent Professional Awards; Teaching Awards
Graduate Division Excellence in Teaching Award, 1982; Dean's Medal, 1988; Cavaliere della Repubblica Italiana, 2005; Global Interdependence Center's Global Citizen Award, 2005

Professional Leadership 2003-2007
Associate Editor, Journal of Banking and Finance, 1978-present; Associate Editor, Journal of Economics and Business, 1979-present; Associate Editor, Journal of Money, Credit, and Banking, 1980-present; Editorial Advisory Board, Open Economics Review, 1990-present; Associate Editor, Journal of Financial Services Research, 1992-present; Board of Advisory Editors, Advances in Finance, Investments and Banking, 1992-present; Board of Editors, Advances in International Banking and Finance, 1993-present; Founding Co-Editor, Brookings-Wharton Papers on Financial Policy, 1997-present; Associate Editor, European Finance Review, 1995-present; Board of Editors, European Financial Management, 1996-present; Advisory Board, European Banking Report, 1994-present; Faculty Advisory Board, Journal of International Economic Law 1997-present; Member of the Financial Economists Roundtable, 1997-present

Corporate and Public Sector Leadership 2003-2007
Board of Directors, The Zweig Fund, 1986-2000; Board of Directors, The Zweig Total Return Fund, 1988-present; Board of Directors, Municipal Fund for California Investors, 1994-2000; Board of Trustees, The Black Rock Funds, 1996-2000; Advisory Board, American Association of Bank Directors, 1997-2000; Advisory Board, Drexel University, 2002-present; Advisory Board, Bennett S. LeBow College of Business, Drexel University, 2002-present; Advisory Board, Drexel University College of Medicine, 2003-present; Advisory Board, University of Delaware's Alfred Lerner College of Business and Economics, 2003-present; Advisory Board, Greater Philadelphia Chamber of Commerce, 2001-present; Advisory Board, the Mann Center of Performing Arts, 2002-present; Advisory Board, Samuel S. Fels Foundation, 2003-present; Board of Governors, the Bond Club, 2004-present; member of National Smart Growth Council, 2004-present

Representative Publications
(with D.F. Babbel)
Financial Markets, Instruments and Institutions. Irwin Publications, 2001; Instructor's Manual, Irwin Publications, 2001.

(with D.F. Babbel)
"Financial Risk Management by Insurers: An Analysis of the Process." Journal of Risk and Insurance (June 1997).

"Commercial Bank Risk Management: An Analysis of the Process." Journal of Financial Services Research (December 1997).