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Florida Atlantic University was founded in 1961, in Boca Raton on an 850-acre site located near the Atlantic Ocean. The campus is conveniently located halfway between Palm Beach and Fort Lauderdale and offers a broad range of academic programs, activities, and services.

The Boca Raton campus provides an exciting and supportive learning environment for students. The Student Union hosts student activities and meetings. In addition, its 2,500-seat Carole and Barry Kaye Performing Arts Auditorium enables students to enjoy performances ranging from rock bands to the Florida Philharmonic Orchestra. The campus supports two cafeterias and has an attractive array of accommodations for its residential students. The Boca Raton campus is also home to FAU's Division I Intercollegiate Athletics program and facilities. Its recreation complex includes an aquatic center, gymnasium, tennis courts, wellness center, track, and a variety of fields for club and intramural sports competition.

The five-story S.E. Wimberly Library houses a large collection of monographs, serials, and other academic resources. Computer labs, study lounges, a media center, and tutoring services also provide valuable academic support for students. The Boca Raton campus hosts art exhibits, theatre productions, and concerts in its two galleries and theatre. Visiting performers and speakers add to the artistic and intellectual vibrancy of the campus.

Florida Atlantic University

Rebel Cole, Ph.D., is the Lynn Eminent Scholar Chaired Professor of Finance in the College of Business at Florida Atlantic University in Boca Raton, Florida. Previously, he has taught at DePaul University in Chicago, UNSW in Sydney and the University of Auckland in New Zealand. He received his Ph.D. in business administration from the University of North Carolina in 1988, after which he spent 10 years working as a financial economist in the Federal Reserve System.   

Cole is a special advisor to the Asian Development Bank, the International Monetary Fund, the World Bank and other non-governmental organizations, providing training and technical assistance to central banks around the world in more than 60 countries.    

Cole has published peer-reviewed articles in top academic journals that include the Journal of Finance, the Journal of Financial Economics, the Journal of Financial & Quantitative Analysis, the Journal of Corporate Finance, the Journal of Banking & Finance, the Journal of Real Estate Finance and Economics and Real Estate Economics. His primary areas of research are commercial banking, commercial real estate, corporate governance, entrepreneurship, and financial institutions. Many of his papers use sophisticated survival models to analyze the factors explaining the failures of banks and small businesses.  

According to Google Scholar, his works have been cited by other scholars more than 11,000 times. According to Scopus, his works have been cited more than 2,500 times. Most of his research papers are available for download from his webpages at http://www.rebelcole.com.  

Cole is a frequent commentator in the financial press. He has been quoted in, or appeared on: Accounting Today, the American Banker, the Bloomberg Businessweek, CNN Money, Fox Business News, the Huffington Post, the New York Times, National Public Radio, the PBS Nightly Business Report, the Street.com, the Voice of America, the Wall Street Journal, the Washington Post, WTTW’s Chicago Tonight, and Yahoo Finance.

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is-the-us-banking-system-on-the-edge-of-collapse-our-expert-can-explain

Lynn Eminent Scholar Endowed Professor of Finance

  The recent bailout of First Foundation Inc, parent of First Foundation Bank, by a group of investors has reignited concerns about the stability of the U.S. banking system, specifically banks exposed to debt in the commercial real estate market teetering on the verge of collapse.

First Foundation Bank reported more than $6 billion in commercial real estate mortgages on its financial statements for the first quarter of the year, equal to almost six times its equity capital and almost half of its $13.6 billion in total assets. Bank regulators consider any exposure greater than three times equity to be excessive.

An analysis by Rebel Cole, Ph.D., Lynn Eminent Scholar Chaired Professor of Finance in the College of Business at  Florida Atlantic University, previously found that the First Foundation Bank was fourth highest among the largest banks in the nation in terms of its exposure to commercial real estate debt.

 It’s likely that other banks are also at similar risk: among banks with more than $10 billion in total assets, there are 67 that exceed this 300% concentration ratio, Cole’s analysis showed. Among the approximately 4,600 banks of any size, Cole reports that 1,871 have total CRE exposures greater than 300%, 1,112 have exposures greater than 400%, 551 have exposures greater than 500%, and 243 have exposures greater than 600%. Cole is available for expert commentary on the stability of the U.S. banking system, other banks at risk due to their CRE exposure, and investor confidence.

 


Is the U.S. banking system on the edge of collapse? Our #expert can explain

is-americas-banking-system-in-trouble-once-again

Nerves are rattled and many are worried as  the markets opened Monday to news of another US bank collapse, making that two large banks shuttered in less than a week.

It's news that's rocking the financial world on a massive scale.

Federal regulators announced on Sunday that another bank had been closed and that the government would ensure that all depositors of Silicon Valley Bank — which failed Friday — would be paid back in full as Washington rushed to keep fallout from the collapse of the large institution from sweeping through the financial system. The Federal Reserve, Treasury and Federal Deposit Insurance Corporation announced in a joint statement that “depositors will have access to all of their money starting Monday, March 13.” In an attempt to assuage concerns about who would bear the costs, the agencies said that “no losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.”  March 12 - New York Times   With an economy already on edge as Americans feel the grip of inflation and worries of recession - this is frightening news and media are scrambling for answers.

What is causing the closures of these big banks and how many more will follow? How much money is lost and how much has been protected? Is this 2008 all over again?  Is the federal government doing enough to stop the damage from spreading? What measures need to be put in place by government to assure citizens that their savings, retirement plans and mortgages aren't at risk? And will anyone be held accountable for the billions already lost?  There's a lot to explain - and that's where our experts can help.

Rebel Cole, Ph.D., a Lynn Eminent Scholar Chaired Professor of Finance, has expertise in global financial institutions, commercial banking and small business finance. 

He spent 10 years working in the Federal Reserve System and has experience at the the International Monetary Fund and the World Bank. Cole has been interviewed by numerous national media outlets, such as The Wall Street Journal, The New York Times, The Washington Post and Fox Business.

Rebel is available to speak to media regarding the current state of banking and what Americans need to watch for or worry about. Simply click on his icon now to arrange an interview today.


Is America's banking system in trouble once again?

fau-college-of-business-experts-available-to-discuss-may-unemployment-numbers-

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  Professors in Florida Atlantic University’s College of Business are available to discuss U.S. unemployment figures that are scheduled to be released by the Bureau of Labor Statistics on Friday, June 5.   The U.S. unemployment rate jumped to 14.7 percent in April in response to the coronavirus pandemic. It’s the highest level since the Great Depression, and analysts fear it could be years before the economy fully recovers.    If you are a journalist covering this important story about employment and the economy of Florida and America  – let our experts help. Rebel Cole, Ph.D., a Lynn Eminent Scholar Chaired Professor of Finance, has expertise in financial institutions, commercial banking and small business finance. He spent 10 years working in the Federal Reserve System. Cole has been interviewed by numerous national media outlets, such as The Wall Street Journal and The Palm Beach Post.   William Luther, Ph.D., an assistant professor in FAU’s Economics Department, has expertise in economic growth, monetary policies, business cycles and cryptocurrencies. He has authored more than two dozen articles. Luther’s research has obtained media interest across the nation, including recent coverage by Politico and Florida Trend.   Both Professor Cole and Luther are available to speak with media – simply click on either expert’s icon to arrange an interview today.
  

FAU College of Business Experts Available to Discuss May Unemployment Numbers  
 

Media Inquiry