Charles W. Calomiris is the Henry Kaufman Professor of Financial Institutions at the Columbia University Graduate School of Business and a Professor at Columbia’s School of International and Public Affairs. He also serves as the Academic Director of the Chazen Institute of International Business, and of the Center for International Business Economics and Research, at Columbia. Professor Calomiris co-directs the Project on Financial Deregulation at the American Enterprise Institute and is the Arthur Burns Scholar in International Economics at AEI.  He was a member of the Shadow Financial Regulatory Committee from 1997-2004, is a Research Associate of the National Bureau of Economic Research, and was a Senior Fellow at the Council on Foreign Relations. He is Chairman of the Board of Greater Atlantic Financial Corporation, a publicly traded bank based in the Washington D.C. metropolitan area, and a Managing Partner of Gauss Fund, LP.  Professor Calomiris served on the International Financial Institution Advisory Commission, a Congressional commission to advise the U.S. government on the reform of the IMF, the World Bank, the regional development banks, and the WTO. His research spans several areas, including banking, corporate finance, financial history, and monetary economics. He received a B.A. in economics from Yale University in 1979 and a Ph.D. in economics from Stanford University in 1985.

His recent publications include: U.S. Bank Deregulation in Historical Perspective (Cambridge University Press, 2000), Emerging Financial Markets (with David Beim, Irwin-McGraw Hill, 2001), “Consequences of Bank Distress During the Great Depression” (with Joseph Mason), in the American Economic Review (June 2003), “Fundamentals, Panics, and Bank Distress During the Depression” (with Joseph Mason), in the American Economic Review (December 2003), “Blueprints for a New Global Financial Architecture” in International Financial Markets: The Challenge of Globalization (Leonardo Auernheimer, ed., University of Chicago Press, 2000), A Globalist Manifesto for Public Policy (Institute for Economic Affairs, 2002), and “Is the Bank Merger Wave of the 1990s Efficient?” (with Jason Karceski) in Mergers and Productivity (Steven Kaplan, ed., University of Chicago Press, 2000).

Professor Calomiris is the recipient of research grants or awards from the National Science Foundation, the World Bank, the Japanese Government, the Herbert V. Prochnow Foundation, and the Garn Institute of Finance.  In 1995 he was named a University Scholar at the University of Illinois, where he served as Associate Professor of Finance and Co-Director of the Office for Banking Research. He has been a visiting faculty member at Stanford University’s economics department and at the finance department of the Wharton School of Finance. He is or has been a member of the editorial boards of the Journal of Banking and Finance, the Journal of Financial Services Research, the Journal of Financial Intermediation, the Journal of Economic History, the Journal of Economics and Business, and Explorations in Economic History.  Professor Calomiris serves or has served as a consultant or visiting scholar for the Federal Reserve Banks of New York, Chicago, Cleveland, St. Louis, and Philadelphia, the Federal Reserve Board, the World Bank, and the governments of Mexico, Argentina, Japan, China, El Salvador, Connecticut and Massachusetts. His private sector clients have included Bank of America, Lloyds, AIG, UBS, Citicorp, Fleet, Credit Suisse, The Limited, Xilinx, Verizon, Wachtel Lipton, Milbank Tweed, O’Melveny & Myers, Mayer Brown, LeBoeuf Lamb, Latham Watkins, and Fenwick & West, among others.

Professor Calomiris designed (with David Beim) and teaches a new MBA and Executive MBA case course on emerging market finance, which won the 1997-1998 Chazen International Innovation Prize at Columbia Business School.  He also teaches international banking and corporate finance at the MBA and Ph.D. levels at Columbia, and has taught an MBA course in Business Values and Ethics.  Professor Calomiris teaches Ph.D.-level courses at the World Bank and the IMF, including a one-week course at the IMF on Emerging Financial Markets for the past four years.