FGV/HSG Best Paper in Finance Award 2018

The FGV/HSG Best Paper in Finance Award 2018 has been bestowed upon John H. Boyd (University of Minnesota), Hendrik Hakenes (University of Bonn) and Amanda Heitz (Tulane University) for their paper with the title "Creditor Rights, Information Sharing, and Borrower Behavior: Theory and Evidence". The paper has been presented at the International Conference on Banking and Economic Development at the Center for Banking and Finance Research in Rio (CBFR, link:, Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV), in Rio de Janeiro on December 7, 2018. The award comes with a financial prize of 2,000 U.S. dollars sponsored by Henrique S. Gregori (HSG Initiative LLC, link:

Lars Norden becomes Associate Editor of the Journal of Financial Stability

Lars Norden recently accepted an invitation to become Associate Editor of the Journal of Financial Stability (JFS). The JFS has enjoyed particularly strong growth in the last years, and currently holds a 2.032 Impact Factor, in addition to a 2.24 CiteScore and a 2.52 5-year Impact Factor. Moreover, the JFS has had partnerships with the Bank of England, the Central Bank of Brazil, Banco de Mexico, the Federal Reserve Bank of Cleveland, and Yale University, among many others.

FGV-EBAPE receives AACBS accreditation
Murillo Campello became a Research Fellow of the CBFR

Professor Murillo Campello (Cornell University; visiting FGV-EBAPE) agreed to become Research Fellow of the CBFR in Rio. Link:

Advanced Corporate Finance

CBFR informs that Professor Murillo Campello (Johnson Business School/ Cornell University) will teach the course “Advanced Corporate Finance” from July 11 - 24 at  EBAPE.



Financial Stability Workshop

CBFR fellow Wolf Wagner gave the Financial Stability Workshop at FGV-EBAPE from May 7th to 14th, 2018. The workshop was part of the Finance Track of EBAPE's MSc/PhD program.


Lars Norden at the Chicago Financial Institutions Conference

Lars Norden presented the paper "Does Uniqueness in Banking Matter?" at the Chicago Financial Institutions Conference.

Lars Norden became founding member of the IFABS Latin America Chapter

Lars Norden agreed to become founding member of the International Finance and Banking Society (IFABS) Latin America Chapter, which will be launched in a conference hosted by the University of Chile in December 2018.  The prime objective of IFABS Latin America is to establish a prestigious forum and platform for finance and banking research in Latin America. The IFABS aims to bridge knowledge among academics, research students, policymakers, and practitioners with interests in contemporary issues surrounding Banking and Finance.

17th Brazilian Finance Society Meeting

Researchers of the CBFR in Rio actively contributed to the 17th Brazilian Finance Society Meeting, which took place at the Catholic University of Brasilia from July 20 to 22, 2017. The CBFR fellow José Santiago Fajardo Barbachan opened the conference in his function as President of the Brazilian Finance Society (SBFin). The CBFR co-coordinator Lars Norden had two papers on the program and discussed the invited speech "Financial Innovation and Stock Market Participation" by Boris Vallée (Harvard Business School) and the paper "The Impact of Government-Driven Loans in the Monetary Transmission" by Marco Bonomo (Insper) and Bruno Martins (Banco Central do Brasil). The CBFR manager Luiz Claudio Sacramento also participated in the conference.

Professor Lars Norden recently participated in two International Conferences
Lars Norden, co-coordenarod do CBFR in Rio, recentemente participou do 12th Financial Intermediation Research Society Conference (FIRS), em Hong Kong em Junho de 2017. Ele discutiu o paper "Do Bank Bailouts Reduce or Increase Systemic Risk? The Effects of TARP on Financial System Stability" por Allen N. Berger, Raluca Roman, and John Sedunov. Link.
Ele também participou do Financial Management Association European Conference (FMA), que ocorreu em Lisboa in Junho de 2017. Ele apresentou seu paper "Informational Synergies in Consumer Credit" com Martin Thomas Hibbeln, Piet Usselmann and Marc Guertler e ele discutiu o paper "Got information? The efficiency of price discovery of quantitative corporate disclosures" por Dennis Y. Chung, Karel Hradzil, Jiri Novak, and Nattavut Suwanyangyuan. Link.