Anat Admati is the George G.C.

Parker Professor of Finance and Economics at the Stanford Graduate School of Business, Stanford University. She has written extensively on information dissemination in financial markets, trading mechanisms, portfolio management, financial contracting, and, most recently, on corporate governance and banking. Since 2010, she has been active in the policy debate on financial regulation, particularly capital regulation, writing research and policy papers and commentary. With Martin Hellwig, she is the co-author of The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It. ^[1]