This is side A of the first tape, from day one, of the annual Drucker Symposium of 1988. Richard West, Dean of the Stern Business School, New York University, introduces Drucker, and the topic of the session: the world’s financial system in transition. Drucker talks about the lack of a financial “supermarket” where customers can make informed financial choices. In addition, Drucker also cautions people to be aware of the tenuous lines of communication between institutional and retail systems. Drucker also discusses financing banking institutions based on differential interests versus combinations of interests and fees, and emphasizes the importance of financing banks from the latter and not the former. He also talks about how demographic shifts are impacting investment in the stock market, particularly amongst the affluent middle-class investor. Drucker then delves into the future of the stock exchange and its potential to attract to retail customers. He ends the discussion with how the banks can position themselves in this transitional period. This recording also includes the beginning of the “questions and answers” session that continues on side B.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 New York University. Graduate School of Business Administration Financial institutions Stock exchanges Interest Demographic transition West, Richard R
If you're wondering about permissions and what you can do with this item, a good starting point is the "rights information" on this page. See our terms of use for more tips.
Share your story
Has Calisphere helped you advance your research, complete a project, or find something meaningful? We'd love to hear about it; please send us a message.
