Professor Linda Allen holds the William F. Aldinger Chair in Banking and Finance at Baruch College, City University of New York. Her broad areas of research are risk measurement and management focusing on systemic risk, credit risk and operational risk; the evolution of financial markets and bank regulation; and the organization of financial institutions.
Professor Allen’s latest book Credit Risk Measurement In and Out of Crisis: New Approaches to Value at Risk and Other Paradigms, 3rd edition (Wiley, 2010) co-authored with Anthony Saunders describes the global financial crisis that began in 2007, and deconstructs credit risk measurement models commonly used by bankers and other finance professionals. She is also the author of Capital Markets and Institutions: A Global View (Wiley, 1997) and co-author of Understanding Market, Credit and Operational Risk (Blackwell, 2004). She is an associate editor of many finance journals, and has published extensively in top academic journals in finance and economics. Along with her consulting in securities litigation, she has lectured and advised all over the world on topics of risk measurement and management, banking trends and financial market development.