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Associate Professor of Finance at HEC Paris
Associate Editor, Management ScienceMember of the ACPR Chair "Regulation and Systemic Risks"CEPR FellowSUERF Research AffiliateMember of the Finance Theory GroupProud daddy of Joseph , Marin, and AurelIn my research I study how financial institutions and frictions impact the functioning of financial markets, the formation of prices and the allocation of resources and risks in the economy. I am particularly interested in banking and market microstructure, and on the role of technology and digital transformation in these contexts.
Announcements: Augustin Landier and I are organizing the HEC Paris Top Finance Graduate Award Conference 2025 ! Congratulations to the winners !
Where to meet me in the coming months:
26 September 2025: I will give a seminar at the Chinese University of Hong Kong.
6 October 2025: I will give a seminar at the University of Mannheim.
7 November 2025: I will give a talk at the IBRN / Banque de France Conference.
18 November 2025: I will attend the ESCB Cluster 3 Workshop in Frankfurt.
26 November 2025: I will give a seminar at the Frankfurt School of Finance and Management.
9-10 December 2025: I will discuss "Bank Specialization in Lending to New Firms" (Bonfim, De Haas, Matyunina, and Ongena) at the BIS/CEPR/ECB Conference on "Technological innovations in financial markets – Risks and opportunities in banking and regulation", in Frankfurt.
Latest updates and news:
September 2025: "Algorithmic Pricing and Liquidity in Securities Markets" (with Thierry Foucault and Stefano Lovo) conditionally accepted at the Review of Financial Studies.
July 2025: "Financial Restructuring and Resolution of Banks" (with Denis Gromb) conditionally accepted at the Review of Financial Studies.
July 2025: "Measuring Regulatory Complexity" (with Co-Pierre Georg) accepted at the Journal of Financial Economics.
July 2025: New paper: "Artificial Intelligence and the Rents of Finance Workers" (with Junli Zhao).
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