The Bank Policy Institute (BPI) has appointed Marco Macchiavelli as a Senior Fellow on its Research team, effective immediately. Macchiavelli is currently an Assistant Professor of Finance at the Isenberg School of Management at UMass Amherst and previously served as an economist at the Federal Reserve Board.
Chief Economist Bill Nelson commented on the appointment, stating, “Marco’s depth of expertise across a range of critical BPI issues will enrich the Research team’s capabilities. Marco is a gifted researcher, well versed in core prudential topics, such as liquidity and funding markets, as well as novel areas like stablecoins and cybersecurity. We’re delighted to welcome him to the team.”
Macchiavelli worked for seven years at the Federal Reserve Board focusing on monetary policy implementation and short-term funding markets. He also spent time with the American Financial Exchange addressing credit-sensitive rates and LIBOR replacement. His academic work has appeared in journals such as the Journal of Financial Economics, the Review of Financial Studies, and Management Science.
He holds a Ph.D. in economics from Boston College along with M.A. and B.A. degrees in economics and finance from the University of Bologna.
BPI describes itself as a nonpartisan public policy, research, and advocacy group representing major banks operating in the United States. Its membership includes universal banks, regional banks, and large foreign banks doing business domestically.
For further information, Tara Payne at BPI can be contacted via tara.payne@bpi.com.