Economic Impact of Covid-19:

The Role of Investment Banks and Financial Markets

Thursday 2nd July 2020, 18:00-19:00 UTC +2 time

London: 16:00 – 17:00, Athens: 18:00-19:00


To attend the webinar, please register here by Monday 29 June 2020. Registration is for free

The talk is expected to last 35 minutes and then a Q&A will follow.

Focus on the extreme monetarist economic policy and other US responses to Covid-19, and how banks and financial markets allow these policies to affect other economies, especially Greece.
The FOMC has recently announced an unprecedented, simultaneous use of all three policy tools. This is combined with widespread use of algorithms by hedge funds and investment banks that manipulate prices of US assets upward and other prices downward – especially the US dollar and traditional `safe-haven’ assets such as gold and bitcoin.

Currency and gold price manipulation has been used ever since the Great Depression of the 1930s. And since the 2008-9 banking crisis, a sustained economic stimulus has been deployed to mask the true weakness of the US economy.

To understand the impact of these extreme monetarist policies and manipulative trading, we trace their development under Roosevelt, Nixon, Clinton, Bush before focussing on Trump’s re-election strategies.


Professor Carol Alexander

Carol Alexander is an expert in FinTech, data analysis, blockchains, crypto asset and derivatives markets, pricing and hedging financial instruments, volatility analysis, investment strategy, market risk analysis and portfolio management.

She has had a dual career in both industry and as an academic, and is currently Professor of Finance at the University of Sussex, Visiting Professor at Peking University Business School, and a Fellow at the Institute of Finance and Financial Regulation. She has also edited the Journal of Banking and Finance since 2013.

Throughout her corporate and academic careers Carol has designed and implemented mathematical models for pricing, trading, hedging and risk assessment for a wide range of asset management, stock exchange and banking clients. These include Credit Agricole, Flemings, Hill Samuel, the Shell Pension Fund, Tindeco Asset Management, Pennoyer Capital Management, Equitable House Investments, Alpha Strategies, the New York Stock Exchange and the Intercontinental Exchange.

Carol is the author of the best-selling textbook “Market Models” and of the four-volume textbook series Market Risk Analysis. Her latest textbook “Corruption and Fraud in Financial Markets”, edited with Douglas Cumming. All these books are published by Wiley. She has also edited many other books – for these and her academic and industry paper publications, see or her University of Sussex profile pages.

Carol has held corporate roles as a Director and Head of Market Risk Modelling for Nikko Securities; as a Director at Algorithmics Inc., the Toronto-based firm which provided risk modelling software to financial institutions and banks globally; and as a Bond Analyst for Phillips & Drew.

She holds a BSc in Mathematics with Experimental Psychology (First Class) and a PhD in Algebraic Number Theory from the University of Sussex, and an MSc in Mathematical Economics and Econometrics from the London School of Economics and Political Science.

Carol has non-profit chairman and non-executive experience from the Professional Risk Manager’s International Association and can chair either Risk or Investment Committees.