Niccolò Comati

Niccolò Comati is a Research Associate at the MIT Golub Center for Finance and Policy. His research at the Center includes the use of financial economics tools for pricing government guarantees, the assessment of public pension sustainability, the analysis of risk and supervision in the banking system, and the study of innovation and design in derivatives markets. He holds a Master of Finance from the MIT Sloan School of Management, a Master's in Management from HEC Paris, and a Bachelor's Degree in Economics from the University of Bologna.

Anatomy of a Supervisory Failure

For its entire 15-year life as a regional bank, SVB held the same risky bet. The risks were visible the whole time, yet supervisors reacted only once losses had materialized. SVB's collapse is less a story of hidden danger than of a supervisory system that polices process rather than risk.

Latest news