Michael Pettis
Michael Pettis is a leading expert on China's economy and financial markets. He is a Professor of Finance at Peking University’s Guanghua School of Management and Senior Nonresident Fellow at the Carnegie-Tsinghua Center for Global Policy. Pettis is also a Wall Street veteran, merchant banker, equities trader, economist, and bestselling author, having worked on Wall Street in trading, capital markets, and corporate finance. Before moving to China in 2002, he spent fifteen years on Wall Street running fixed-income trading and capital markets desks at JP Morgan, First Boston and Bear Stearns, where he advised Latin American, Asian and Eastern European governments on debt and balance sheet strategies.
Michael Pettis Professional Experience / Academic History
Professional Experience
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Senior Fellow
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Managing Director and Principal
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Professor
Academic History
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M.B.A., Finance
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M.I.A., Development Economics
Pettis started his Wall Street career upon joining the Sovereign Debt trading team at Manufacturers Hanover, now J.P. Morgan.
He served as Managing Director and Principal at Bear Stearns, where he headed the firm's Latin American Capital Markets and the Liability Management groups.
He has also worked as a partner in a merchant banking boutique that specialized in securitizing Latin American assets and at Credit Suisse First Boston, where he headed the emerging markets trading team.
OTHER VENTURES
Pettis has been involved in sovereign advisory work, including for the Mexican government on the privatization of its banking system, the Republic of Macedonia on the restructuring of its international bank debt, and the South Korean Ministry of Finance on the restructuring of the country’s commercial bank debt.
He also taught finance, arbitrage, and economic history at Columbia University.
He is a member of the Institute of Latin American Studies Advisory Board at Columbia University as well as the Dean’s Advisory Board at the School of Public and International Affairs
MEDIA & PUBLICATIONS
Pettis is a regular contributor to the Financial Times and The Wall Street Journal.
He is a frequent guest and expert on news stations including CNBC, NPR, Bloomberg, and BBC.
He has published extensively in several journals, including Foreign Affairs, Foreign Policy, Wilson Quarterly, Harvard Asia-Pacific Review, Columbia Journal of World Business, and Far Eastern Economic Review.
He has appeared as a guest on Real Vision.
His blog, China Financial Markets, was ranked by the Wall Street Journal as one of the top fifteen economic blogs worldwide,
It is also one of the reasons cited by Bloomberg-BusinessWeek for including him in its 2016 listing of The 50 Most Influential People In The World Of Finance.