Deborah J. Lucas

Director

Deborah J. Lucas is the Sloan distinguished professor of finance and director of the MIT Golub Center for Finance and Policy.

Commercial banking

Want to prevent another SVB? Have banks disclose their duration gap.

The simple act of disclosing their sensitivity to interest rate changes would bring market discipline to the banking industry's choices about interest rate risk.

By Edward L. Golding

October 16

TRENDING

Artificial intelligence

Does AI increase cloud computing risks?

Banks are turning to the same hyperscalers for cloud computing and generative AI. Some wonder what the consequences will be down the road.

By Penny Crosman

27m ago
Politics and policy

Senate deals death blow to Durbin II inclusion in FAA

The next major chance the lawmakers could have on the so-called "swipe fee" legislation will come next year as Congress looks toward a tax package.

By Claire Williams

1h ago
Cryptocurrency

House votes to nullify crypto custody guidance; Biden vows veto

The House advanced a resolution that would roll back a Securities and Exchange Commission resolution that banks argue cuts them out of the crypto custodying business, but President Biden said he would veto it if it passes the Senate.

By Claire Williams

3h ago