Lessons from the Silicon Valley Bank collapse A Silicon Valley Bank branch in San Francisco on March 13, 2023. As the primary regulator of the bank, the Federal Reserve is coming under sharp criticism from financial watchdogs and banking experts. (Image: AP Photo/Jeff Chiu) Lessons from the Silicon Valley Bank collapse Wharton finance professor Itamar Drechsler discusses what led to the collapse of SVB and the questions it raises for banks, depositors, and regulators going forward.
Penn’s eight 2023 Thouron Scholars named Penn’s eight 2023 Thouron Scholars are, from left, (top) fourth-years Alisa Ghura, Shivani Nellore, Winston Peloso, Gabriella Rabito (bottom) May graduate Srinidhi Ramakrishna, fourth-years Thomas Russell, Oliver Stern, and Elena Tisnovsky. (Image: Courtesy of the Center for Undergraduate Research and Fellowships) Penn’s eight 2023 Thouron Scholars named Seven fourth-year students and one May graduate have each received a 2023 Thouron Award to pursue graduate studies in the United Kingdom.
Does more money correlate with greater happiness? Image: iStock/uniquepixel Does more money correlate with greater happiness? Reconciling previously contradictory results, researchers from Penn and Princeton find a steady association between larger incomes and greater happiness for most people but a rise and plateau for an unhappy minority.
Ever more corporations are global. What are they responsible for? A Toyota dealership in Kyiv, Ukraine, on July 29, 2020. Toyota is headquartered in Toyota City in Japan but does business in 170 countries. (Image: iStock/Marina113) Ever more corporations are global. What are they responsible for? Faculty from the Wharton School explore what the responsibilities of multinational corporations are to their home countries as business continues to globalize—and as ESG principles gain traction.
Bringing Ukraine to Penn (Left to right) Olena Lysenko, a documentary filmmaker, and Dariya Orlova, a lecturer at the National University of Kyiv-Mohyla Academy; Serhii Shadrin and Hannah Kaluher, graduate students participating in a one-year program for displaced scholars in the Russian and East European Studies Department; and Maksym Potlov, a fourth-year from Odesa, a Penn World Scholar. nocred Bringing Ukraine to Penn On the one-year anniversary of the Russian invasion of the Ukraine, displaced and visiting scholars and students from Ukraine share their experience at Penn.
Playing hard and breaking records, Kayla Padilla leads by example nocred Playing hard and breaking records, Kayla Padilla leads by example The fourth-year do-it-all guard on the women’s basketball team is in the final stages of her sensational career at Penn.
Wharton/Engineering conference showcases advances in data science The 4th annual Women in Data Science (WiDS) @ Penn Conference at the Perry World House. (Image: Kyle Kearns) Wharton/Engineering conference showcases advances in data science The 4th annual Women in Data Science @ Penn conference featured an array of impressive industry, academic, and student speakers, each of whom possesses unique insights into the study and application of data science.
Business and Black excellence (On homepage) AAMBAA’s members gather in front of Fisher Fine Arts Library. “You cannot understate the power of seeing yourself,” says Marques Stevenson, who is AAMBAA’s co-president. “AAMBAA helps increase the visibility of African American business leaders within the Wharton community and beyond.”(Image: Chris Robinson) Business and Black excellence The African American MBA Association at the Wharton School celebrates its 50th anniversary.
Three Penn faculty named 2023 Sloan Research Fellows Nocred Three Penn faculty named 2023 Sloan Research Fellows Edgar Dobriban, Robyn E. Sanderson, and Ben Scholl are honored as early-career researchers and scholars for their accomplishments, creativity, and potential to become leaders in their fields.
A simple intervention that can reduce turnover nocred A simple intervention that can reduce turnover Work can be hard, but it shouldn’t be hard all the time. New research co-authored by Wharton’s Maurice Schweitzer shows that overloading workers with too many difficult tasks in a row makes them more likely to quit.