The financial crunch: National experts to discuss risks in financial systems May 17-19

Contacts:

Amanda Aranowski, Institute for Mathematics and its Applications, amanda@ima.umn.edu, (612) 626-7881

Rhonda Zurn, College of Science and Engineering, rzurn@umn.edu, (612) 626-7959

Matt Hodson, University News Service, mjhodson@umn.edu, (612) 625-0552

University of Minnesota’s Institute for Mathematics and its Applications hosts workshop on timely topic

What: Workshop on the risks facing today’s financial systems

When: Thursday, May 17 to Saturday, May 19, 2012

Where: University of Minnesota, Keller Hall, Room 3-180, 200 Union Street SE, Minneapolis; workshop also streamed live online at http://z.umn.edu/financialsystems

Who: National experts on the mathematics of financial systems

Media Note: Members of the media interested in interviewing the experts should contact Amanda Aranowski at (612) 626-7881 before coming to campus.

National experts will explore risk emanating from recent trends in the commodity markets, portfolio investment and shocks to the financial system at an upcoming three-day workshop hosted by the University of Minnesota College of Science and Engineering’s Institute for Mathematics and its Applications. “Mathematics of the New Financial Systems” runs from Thursday, May 17 to Saturday, May 19 at the university in Keller Hall, Room 3-180, 200 Union St. SE, Minneapolis.

With the recent billion-dollar loss at JPMorgan Chase—one of the biggest losses in history—speakers will probe timely issues facing financial systems from risk management to investment and portfolio theory.

Presenters include experts from academic institutions including Princeton University; University of California, Santa Barbara; Stanford University; and the University of Oxford. Participants also include representatives from the Federal Reserve Board, the Federal Reserve Bank of Minneapolis, BNP Paribas, the International Monetary Fund and more.

For details about this upcoming workshop or to watch the workshop live online, visit http://z.umn.edu/financialsystems.

Founded in 1982, the IMA promotes vigorous collaboration among mathematicians, engineers, biologists, chemists, physicists, and other applied scientists, attracting more than 1,200 visitors per year. Since its establishment, the IMA has grown to become among the most influential math institutes in the world. Its mission is to engage mathematicians and other scientists from around the globe in programs and activities that advance the nation’s science and technology agendas. Find out more at www.ima.umn.edu.

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