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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 Aurel

In 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:

20-23 August 2025: I will chair the session on "Technological Innovation in Credit Markets" at the EFA Meetings, Skema Business School, Paris.
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.
26 November 2025: I will giver a seminar at the Frankfurt School of Finance and Management.
5 December 2025: I will giver a seminar at the Vienna Graduate School of Finance.

Latest updates and news:

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).
May 2025: New version of "Algorithmic Pricing and Liquidity in Securities Markets" (with Thierry Foucault and Stefano Lovo).

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