On Tuesday, March 12, 2013, the Office of Alumni Relations hosted the School's inaugural sneak peek webinar, giving reunion year alumni around the globe an exclusive preview of the weekend's one-of-a-kind academic programming.
Professor David Beim, distinguished international banking and financial crisis expert, addressed the question “Does Banking Still Work?" in a prelude presentation to his highly anticipated Saturday, April 20, daytime panel session: The Future of the Banking Industry.
An understanding of the European sovereign debt crisis is critical in making investment decisions in today’s financial markets. Professor Beim shares his unique perspective and discusses how asset reduction, deleveraging, lack of loan growth, and painfully low returns can impact financial stability and economic recovery around the globe. The webinar concludes with an introduction to an exciting electronic revolution going on in retail banking and the economic impact that burgeoning technologies will have on the future of banking.
Professor Beim had a 25-year career in investment banking, following which he became a professor in the Finance and Economics Division of Columbia Business School. He joined Columbia as an adjunct professor in 1989 and has been a full-time professor of professional practice since 1991. His areas of teaching include corporate finance, international banking and emerging financial markets.
Beim’s Wall Street career included 10 years at First Boston Corporation (1966-75), where among other assignments he started and ran the project finance group. He served as executive vice president of the Export-Import Bank of the United States during 1975-77. Following that, he joined Bankers Trust Company to start and run its investment banking business. During 1978-87, he was executive vice president and head, corporate finance department, and member of the management committee at Bankers Trust. From 1987 to 1989, he was a managing director at Dillon Read & Co.
In 2000, Beim published a textbook with Charles Calomiris called Emerging Financial Markets. He has also written numerous papers on banking and finance in connection with consulting projects. These include “The Determinants of Bank Loan Pricing” (1996), “What Triggers a Banking Crisis?” (2001) and “Japan’s Internal Debt” (2002).