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Event Details
November 1, 2011
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University of California, Berkeley
110 Boalt Hall, School of Law
Berkeley, CA 94720-2318
United States

Public Talk - Berkeley, CA

Do China's Stock Markets Matter?

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Speaker: Carl E. Walter

This year marks the 20th anniversary of the establishment of China's two stock exchanges in Shenzhen and Shanghai. This talk explores the role stock markets play and their overall significance, and describes how Western legal, accounting and financial concepts have changed China's economic landscape, although perhaps not in any fundamental way.

Carl E. Walter worked in China and its financial sector for the past 20 years and actively participated in many of the country's financial reform efforts. While at Credit Suisse First Boston he played a major role in China's groundbreaking first overseas IPO in 1992, as well as the first primary listing of a state-owned enterprise on the New York Stock Exchange in 1994. He was a member of senior management at China International Capital Corporation, China's first and most successful joint venture investment bank where he supported a number of domestic and international stock and bond underwritings for major Chinese Corporations.

More recently at JPMorgan, he was China Chief Operating Officer and Chief Executive Officer of its banking subsidiary. During this time Mr. Walter helped build a pioneering domestic security, risk and currency trading operation.