Panelists: Innovation in Financial Markets

William Wilhelm Jr.
Murray Research Professor, McIntire School of Commerce
University of Virginia

William Wilhelm is the Murray Research Professor at the University of Virginia's McIntire School of Commerce. His research focuses on the investment banking industry, and he has written extensively on how economic and (extra-) legal functions of investment banks have evolved through time in response to changes in their operating environment. Much of his work focuses on the securities issuance function, with special emphasis on initial public offerings of equity. His work has been widely published in the academic and popular press. His first book, Information Markets (Harvard Business School Press, 2001), explains how recent advances in information technology are transforming financial markets. Professor Wilhelm's latest book, Investment Banking: Institutions, Politics, and Law (Oxford University Press, 2007) is an economic history of the investment banking industry.

Professor Wilhelm has also held appointments at the University of Oxford, Boston College, the Institut d'Economie Industrielle (IDEI) in Toulouse, France, and at the Federal Home Loan Mortgage Corporation.

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