The Great Rift: economic theory and financial disasters…how can we fix the future?

Nearly a decade on, the catastrophe of the global financial crisis still defines the political and economic landscape. Should we have seen it coming? Could it have been avoided? Mr Kengeter will examine these questions and their implications both for the foundations of economic theory, and for the structure of contemporary financial institutions

Carsten Kengeter is the CEO of Deutsche Börse AG. He has been a visiting professor in practice at the London School of Economics and Political Science since 2013. Between 2008 and 2013, he served on the Group Executive Board of UBS AG. He was CEO of UBS Investment Bank between 2009 and 2013. Between 1997 and 2008, he was a Managing Director and Partner at Goldman Sachs, with senior roles in the Asian and European business of the firm. Carsten holds a graduate degree in Business Administration of the University of Reutlingen as well as a BA in Business Administration of the Middlesex University in London and an MSc in Finance and Accounting of the London School of Economics and Political Science. 

Ulf Axelson is the Abraaj Group Professor in Finance and Private Equity at the London School of Economics and the director of the Financial Markets Group. He is also the director of the MSc in Finance and Private Equity program. Professor Axelson was previously a professor at the Booth School of Business, University of Chicago, and at the Stockholm School of Economics. 

The Financial Markets Group Research Centre (@FMG_LSE) was established in 1987 at the LSE. The FMG is a leading centre in Europe for policy research into financial markets. It is the focal point of the LSE's research communication with the business, policy making and international finance communities. The FMG works alongside the Department of Finance to understand problems in financial markets and in the decision-making processes of corporations, banks and regulators.