The potential impact of Europe’s revised Payment Services Directive, known as PSD2, should not be underestimated, as banks adapt to a flatter and more competitive landscape.
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Haoxiang Zhu
Haoxiang Zhu is an Associate Professor of Finance at the MIT Sloan School of Management, and a Faculty Research Fellow at the National Bureau of Economic Research. He is also an academic consultant to the US Commodity Futures Trading Commission, a member of the Federal Reserve Bank of Chicago's Working Group on Financial Markets, and a member of the Finance Theory Group. His main research interests are broadly in asset pricing and specifically in market structure and market design.
Articles by Haoxiang Zhu: