In the aftermath of the 2007-2008 financial crisis, new legislation and regulations have pressured banks and insurance companies to reduce their size, leverage, and riskier lines of business in order to avoid another too-big-to-fail debacle...

China has become an engine of the world economy, contributing 20 percent of global GDP growth in 2015. For most of the past two decades, China has run surpluses on both its current and financial accounts, resulting in a significant...

The future of large banks depends on the effectiveness of the post-crisis regulatory system, which is ironic: the reaction of large banks to the 2010 Dodd-Frank law was broadly negative, even while many people working at large banks...

LOS ANGELES— Ken Button points out that the giant legacy carriers that stumbled through the first decades of deregulation are finally covering their operating costs and are better positioned to confront future economic storms. But the slew...

The Milken Institute Center for Financial Markets (CFM) provided written comments to the U.S. Securities and Exchange Commission (SEC) on proposed changes to Rule 147, which provides a safe harbor to companies seeking to issue securities in...

The Milken Institute's annual "Best-Performing Cities" index reveals that technology continues to power America's most dynamic cities. The Top 3 metros all have thriving tech centers: San Jose is No. 1, rising three spots from last year...

Hundreds of California’s leading business executives and policymakers will gather Tuesday, December 8 for the Milken Institute’s California Summit. This by-invitation-only day of discussion and problem solving will take place at the Ritz...

Remarks as prepared for delivery to the American Enterprise Institute’s Fourth Annual International Conference on Housing Risk

Do stock markets act as a “spare tire” during banking crises by providing an alternative form of corporate financing when the banking system goes flat? In 1999, Alan Greenspan, then chairman of the Federal Reserve, argued that stock markets...

Which cities in China have the most dynamic economies and why? The Milken Institute's inaugural Best-Performing Cities China Report, unveiled today at a press briefing in the Sofitel Wanda Beijing Hotel, identifies the urban areas with the...