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Norman Xiong

Reich '04 acquitted of LIBOR-rigging charges after second trial in two years

Ryan Reich ’04, accused of manipulating the LIBOR rate for profit between 2005 and 2007, was acquitted in April. Reich, an ex-Barclays interest rate swaps trader, was among the eight individuals acquitted of LIBOR rigging over the past two years. The ruling comes from a retrial of the case after the jury of the first trial was unable to reach a verdict in July 2016.


Porter '69 hypothesis challenges Trump's anti-regulatory plans

Since the beginning of his presidential campaign, President Donald Trump made his strong anti-regulatory stance known. In his first months in office, Trump has scaled back rules in all industries, from financial to energy to firearms. Yet, the economic hypothesis of Michael Porter ’69 is challenging Trump’s actions, especially those related to environmental regulations.


Princeton professor serves as on-call ethicist for Citigroup

“It makes a lot of sense for a financial institution like Citigroup to get external advice on ethics from an expert,” de Swaan said. “An expert on ethics will have thought about these issues for a long time, will be able to provide an outside-in perspective that is inherently more objective, and can share some useful parameters or frameworks to guide managerial decisions.”


Q&A with former SEC Official Norm Champ '85

The Daily Princetonian sat down with the former Director of the Division of Investment Management of the Securities and Exchange Commission Norm Champ ’85 to discuss his role in the regulation of the finance industry after the Great Recession. Champ’s recent book, “Going Public: My Adventures Inside the SEC and How to Prevent the Next Devastating Crisis,” details the process of financial reform both by and within the SEC after the crisis, and is set to be published in March. Champ is currently a lecturer at Harvard Law School and a partner at Kirkland & Ellis LLP Investment Funds Group.


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