Contemporary Trends and Challenges in Finance

Krzysztof Jajuga is a Professor and chair of the Department of Financial Investments and Risk Management at Wroclaw University of Economics, Poland. He obtained his doctoral degree in Economics from the same university in 1982. At the beginning of his scientific career he received a Fulbright grant to study at Stanford University's Department of Statistics. He has since been a Visiting Professor at various universities in the USA, as well as in Europe and China. His main research interests are financial econometrics, capital markets and risk analysis and management. He is also President of the CFA Society Poland.   Hermann Locarek-Junge has been a Professor of Finance and Financial Services at the TU Dresden since 1995. He completed his PhD at the University of Augsburg, Germany in 1987. He also studied business informatics and was appointed a Professor in that field at Essen University, Germany, in 1991. Since then, he hasbeen a Visiting Professor and Research Fellow at various international institutions and universities. Throughout his career, he has undertaken research work for several banks and organizations, including the Deutsche Bank, Dresdner Bank, Sparkasse Dresden, Union Investment, and the German National Research Foundation (DFG).   Lucjan T. Orlowski is a Professor of Economics and Finance and a Director of the Doctor of Business Administration in Finance Program at Sacred Heart University, USA. His research interests include monetary economics, financial markets and institutions, and financial stability. He has authored numerous books, chapters in edited volumes and articles in scholarly journals.   He has been visiting professor and research fellow at many prominent international institutions and universities and served in an advisory role for many governments and financial institutions including Polish Ministry of Finance and National Bank of Poland. He has worked with the