Financial Institutions

A Manhattan federal judge denied class certification for three credit unions challenging a state law that lowers the default interest rate on consumer debt judgments. Judge Vyskocil cited Vega's expert, Prof. Jim Wilcox, in her decision.

In 2024, we had the honor of collaborating with exceptional experts across diverse fields and were thrilled to welcome several new experts to our network. Explore our accomplishments from the past year in detail by reading our 2024 Year in Review brochure.

Vega Economics is proud to feature Anthony Saunders, a distinguished professor and researcher at the Stern School of Business at NYU.

Vega Economics was retained by the Office of the New York State Attorney General to support Dr. James Wilcox from UC Berkeley Hass Business School in a high-profile case related to consumer debt judgment in the state of New York.

Our featured expert Gary Strumeyer is a distinguished expert in the field of capital markets. Mr. Strumeyer brings a wealth of knowledge, significant testimony experience, and provides a unique approach to capital markets expert witness services. 

Meet our featured expert Jim Wilcox! Prof. Wilcox is and expert in Federal Reserve policies and interest rates, banks’ lending, consumer attitudes and spending, credit unions, Islamic banking, and nonfinancial corporations’ internal capital markets.

Check out our latest article that discusses the mechanics of stock loans, the growth of the securities lending market, and regulatory changes aimed at increasing transparency in lending transactions.

Five economists that formerly led the SEC filed a request with the Fifth Circuit to correct two recent agency rules aiming to bring transparency to the short-selling market.

We look forward to seeing you at the National Institute on White Collar Crime at the Marriott Marquis in San Francisco, California March 6-8, 2024!

We had the privilege of supporting numerous exceptional experts from diverse fields in 2023 and were delighted to welcome several new experts into our network. To delve into our achievements over the past year, you can find more details in our 2023 Year in Review brochure.

Meet our featured expert Timothy Hurley! Mr. Hurley is an investment banker with over 30 years of experience as a senior investment banker at three major firms and two boutique investment banking firms.

Professor Jeff Harris was recently retained in a CME arbitration involving Treasury futures calendar spreads.  

We had the opportunity to support several outstanding experts in 2022 from a variety of disciplines and welcomed several new experts to our network. You’ll learn more about our work last year in this brochure, our 2022 Year in Review.

Using proprietary tools, Vega creates customized datasets and clear and informative visualizations. Check out our article where we highlight three example visualizations!

Our featured expert Myron Glucksman is a former investment banker who provides expertise to law firms and financial institutions regarding ABS, Conduits, CDOs, RMBS, SIVs and other structured finance matters.

In this article, we present some facts about how publicly traded companies moved their headquarters across U.S. state lines during the period 2009-2021. The data shows that by the end of 2021, California had accumulated a net loss of 70 headquarters. After California, states with the highest cumulative loss of corporate headquarters are New York, Nevada, and Utah. 

Trade surveillance has become an essential tool for detecting unusual activity in financial transactions. Vega Economics has extensive experience in this area and we have worked on the leading edge of data driven analysis for trade surveillance and monitoring. Check out our Trade Surveillance Capacities brochure for more details.

As we look back on our practice throughout 2021, we are proud of the variety of issues our work has covered. We had the opportunity to support several outstanding experts from a variety of disciplines and welcomed several new experts to our network. You’ll learn more about our work last year in this brochure, our 2021 Year in Review.

The Journal of Portfolio Management has named Vega's expert Petter Kolm "Quant of the Year" for 2021! This award recognizes a researcher’s history of outstanding contributions to the field of quantitative portfolio theory.

In a recent American Arbitration Association proceeding, Dr. Andrew Zuppann and Vega Economics were retained by claimant's counsel to provide an expert analysis regarding the respondents' regulatory violations in the origination of mortgage loans.

Our Featured Expert, Charles Porten is an expert in the portfolio management of hedge funds and mutual funds, as well as due diligence procedures and fund compliance issues.

Mr. Castro is an expert in mortgage origination, underwriting, servicing, mortgage banking. He also specializes in ABS, RMBS, CMBS, CDOs, CLOs, REITs, ABCP, SIVs, and other Structured Finance products.

Regulatory and enforcement agencies, market exchanges, and at least one private party have brought legal actions for alleged spoofing in futures markets. To meet applicable standards of proof, attorneys are increasingly turning to expert testimony regarding statistics and econometrics to prove and refute spoofing allegations in litigation.

Experts testifying in conflict resolution proceedings at the ICSID should ideally be familiar with this forum’s unique rules and procedures. Vega affiliate Richard George has testified as an expert before ICSID on issues concerning generally accepted international banking practices. 

Our featured expert, Haim Kassa, is is an expert in the areas of investments and portfolio management and he is experienced in the design and testing of trading strategies using historical firm level data from the stock, bond, and option markets.

Recent SEC accounting guidance reclassifying SPAC warrants as liabilities instead of equities has drawn new attention to SPACs. In light of these developments, we discuss SPACs and SPAC warrants.

Vega is experienced in analyzing rating methodologies and various other issues surrounding complex securities through the lens of the rating agencies. This brochure highlights our experience and how we can assist on cases involving any rating issues as this litigation continues to develop.

Vega has worked with numerous major financial institutions and analyzed issues related to all aspects of complex financial products. We will be your best ally in navigating the LIBOR transition given our deep institutional knowledge and advanced technology solutions.

Vega expands on our November publication Looking Forward: the CMBS Litigation Landscape, and discusses the trends in CMBS, the key players in the market, and potential claims that may arise in litigation.

The Vega team has analyzed the available deal documents for the market's first MBS backed by SOFR-indexed loans and identified the relevant risk disclosures and replacement terms.

Vega anticipates that many cases will be filed regarding CMBS trusts following the COVID-19 economic shutdown. Our team of economists present information regarding possible expert analyses relevant to this space and select experts that can assist in these matters.