Fresh off of JPM's acquisition of FRC in receivership and just one day removed from another bloodletting across the Regional Banks space, we're very excited to be hosting a conversation with Chris Whalen. Our CEO, Keith McCullough, hosted a conversation with Chris in early March during which Chris clearly flagged - at a time when almost no one else was - the growing risk of the underwater securities books at various regional banks such as Silicon Valley, calling out Silicon Valley specifically as among the most vulnerable. Two weeks later, SIVB was taken into receivership due to a bank run largely catalyzed by its underwater securities book. Chris has an extensive understanding of the banking system, individual banks, and the challenges they're facing today and will provide an unparalleled look into the industry's current state and outlook when we sit down on Wednesday, May 3rd, at 10am ET. Beyond the banks, Chris is equally adept at explaining the dynamics facing the US mortgage market across the government and private sectors and the full vertical stack of players.
CLICK HERE for event details
About Chris Whalen:
Richard Christopher Whalen is an investment banker and author who lives in New York City. He is Chairman of Whalen Global Advisors LLC and focuses on the financial services, mortgage finance and technology sectors.
From 2014 through 2017, Christopher was Senior Managing Director and Head of Research at Kroll Bond Rating Agency, where he was responsible for ratings by the firm’s Financial Institutions and Corporate Ratings Groups. He was a co-founder and principal of Institutional Risk Analytics from 2003 through 2013.
Over the past three decades, Chris worked as a writer and financial professional in Washington, New York and London. He has held positions in organizations such as the House Republican Conference Committee, the Federal Reserve Bank of New York, Bear, Stearns & Co., Prudential Securities, and Carrington Mortgage Holdings.
Christopher holds a B.A. in History from Villanova University. He is the author of three books, including his most recent work “Ford Men: From Inspiration to Enterprise” (2017), a study of Ford Motor Co and the Ford family published by Laissez Faire Books. He is the author of "Inflated: How Money and Debt Built the American Dream" (2010) published by John Wiley & Sons; and co-author of “Financial Stability: Fraud, Confidence & the Wealth of Nations,” also published by John Wiley & Sons.
Christopher is a member of the Economic Advisory Committee of FINRA. He is on the board of directors of the Global Interdependence Center (GIC) in Philadelphia. Christopher previously served as a fellow of Networks Financial Institute at Indiana State University (2008-2014) and as a member of the Finance Department Advisory Council at the Villanova School of Business (2013-2016). He is a member of The Lotos Club of New York.
Christopher edits The Institutional Risk Analyst newsletter and contributes to other publications such as American Banker, Housing Wire and The National Interest. He has testified before Congress, the Securities and Exchange Commission and Federal Deposit Insurance Corporation on a range of financial, economic and political issues. He appears regularly in such media outlets as CNBC, Bloomberg, Fox News and Business News Network. Christopher is active in social media under the Twitter handle “rcwhalen”.
