Anthony Saunders

Anthony Saunders is the John M. Schiff Professor of Finance and Chair of the Department of Finance at the Stern School of Business at New York University. Professor Saunders received his Ph.D. from the London School of Economics and has taught both undergraduate and graduate level courses at NYU since 1978. Throughout his academic career, his teaching and research have specialized in financial institutions and international banking. He has served as a visiting professor all over the world, including INSEAD, the Stockholm School of Economics, and the University of Melbourne.

Professor Saunders holds positions on the Board of Academic Consultants of the Federal Reserve Board of Governors as well as the Council of Research Advisors for the Federal National Mortgage Association. In addition, Dr. Saunders has acted as a visiting scholar at the Comptroller of the Currency and at the International Monetary Fund. He is editor of the Journal of Banking and Finance and the Journal of Financial Markets, Instruments and Institutions, as well as the associate editor of eight other journals, including Financial Management and the Journal of Money, Credit and Banking. His research has been published in all of the major finance and banking journals and in several books. He has just published a new edition of his textbook, with Dr. Marcia Millon Cornett, Financial Institutions Management: A Risk Management Approach for McGraw-Hill (fifth edition) as well as a second edition of his book on credit risk measurement for John Wiley & Sons. Professor Saunders was ranked the 16th most prolific author out of more than 5,800 who have published in the seven leading Finance academic journals from 1953 to 2002 and first in the top 16 journals ("Prolific Authors in the Financial Literature: A Half Century of Contributions," Journal of Finance Literature, Volume 1, Winter 2005).

Marcia Millon Cornett

Marcia Millon Cornett is currently a professor of finance in the School of Management at Boston University. She received her B.S. degree in economics from Knox College in Galesburg, Illinois, and her M.B.A. and Ph.D. degrees in finance from Indiana University in Bloomington, Indiana. Dr. Cornett has written and published several articles in the areas of bank performance, bank regulation, corporate finance, and investments. Articles authored by Dr. Cornett have appeared in such academic journals as the Journal of Finance, the Journal of Money, Credit, and Banking, the Journal of Financial Economics, Financial Management, and the Journal of Banking and Finance. Along with Anthony Saunders (John M. Schiff, professor of finance and chair of the Department of Finance at the Stern School of Business at New York University), Dr. Cornett has just completed writing the sixth edition of Financial Institutions Management (McGraw-Hill/Irwin) and is beginning work on the fourth edition of Financial Markets and Institutions (McGraw- Hill/Irwin). She is the guest editor for the Journal of Financial Services Research Special Issue on Government Regulation of Banking Firms and Review of Financial Economics January 2004 special issue on Commercial Banks: Performance, Regulation, and Market Value. She serves as an Associate Editor for the Journal of Financial Services Research, FMA Online, the Review of Financial Economics, Financial Review, and Multinational Finance Journal. Dr. Cornett has served as a member of the Board of Directors, the Executive Committee, and the Finance Committee of the SIU Credit Union. Dr. Cornett has also taught at Southern Illinois University at Carbondale, the University of Colorado, Boston College, and Southern Methodist University. She is a member of the Financial Management Association, the American Finance Association, and the Western Finance Association.