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        • Future of Finance Series
          • An edited image with digital numbers behind a stock chart overlay and the words Future of Finance in the cornerThe Future of Financial TechnologyDecember 2, 2024
          • The image features U.S. dollar bills overlaid with financial graphs and candlestick charts, along with the text "Future of Finance," representing financial growth and innovation.The Regulatory Challenges of AI in FinanceNovember 25, 2024
          • A person using a smartphone displaying a financial chart, surrounded by abstract digital graphs and text reading "Future of Finance."New Phenomena in Behavioral and Social InvestingNovember 18, 2024
          • An image of a bank facade with classical columns and the word "BANK" prominently displayed. Overlaid are abstract, colorful data charts and the text "Future of Finance," representing modern financial technology and innovation.The Future of BankingNovember 11, 2024
        • Meet the Authors Series
          • A book titled "Creativity in the Age of AI" by Jerry Wind is featured. The text says "Meet the Authors" and "Ripple Effect" on a geometric blue background.Creativity in the Age of AI | Jerry WindOctober 28, 2025
          • The image shows a promotional graphic for a book event. It features the book "Lucky by Design" by Judd Kessler, with the phrases "Meet the Authors" and "Ripple Effect" on a blue geometric background.Lucky by Design | Judd KesslerOctober 21, 2025
          • Promotional graphic featuring a book cover titled "In Praise of the Office: The Limits to Hybrid and Remote Work" with a red chair and laptop, alongside text "Meet the Authors" and "Ripple Effect" on a blue background.In Praise of the Office | Peter CappelliOctober 14, 2025
          • Promotional graphic for a book titled "Having It All" by Corinne Low, PhD, featuring the tagline "Meet the Authors" and emphasizing the theme "Ripple Effect" on a dark blue background.Having It All | Corinne LowOctober 7, 2025
        • Nano Tools for Leaders Series
          • Three people in a modern office environment collaborating around a laptop on a conference table.Onboarding Best Practices: Maximum Value From New HiresDecember 2, 2025
          • Illustration of a robot holding a lightbulb to show how generative AI is helping business leadersAdaptive Experimentation in the Age of AINovember 24, 2025
          • Abstract watercolor illustration of two silhouette heads facing each other, with vibrant colors and flowing blue lines connecting the tops, symbolizing communication or shared thoughts.Look Them in the Eye: Strengthen Teams and TrustNovember 17, 2025
          • Person using an AI chatbot on their phoneOperationalize AI Accountability: A Leadership PlaybookSeptember 23, 2025
        • Policies That Work Series
          • A father carrying his daughter on his shoulders as she raises an American flag to place on the outside of their house.Is the American Dream of Homeownership Still Within Reach?December 17, 2024
          • Closeup of a woman's face with a computer screen reflected in her glasses to illustrate the state of AI regulationRegulating AI: Getting the Balance RightDecember 10, 2024
          • Edited image of Capitol Hill divided down the middle with red on one side and blue on the other and U.S. bills in the backgroundWhat Lies Ahead for the Federal Debt, Interest Rates, and the U.S. EconomyOctober 29, 2024
        • What I’ve Learned Series
          • Erika James and Peter Cappelli standing side by sideWhat I’ve Learned: Peter CappelliAugust 4, 2025
          • Dean Erika James standing with professor Olivia MitchellWhat I’ve Learned: Olivia S. MitchellAugust 6, 2024
          • A person in a suit is seated in an office, speaking and gesturing with their hands. Framed photos are on the shelf in the background.What I’ve Learned: Michael UseemJanuary 22, 2024
          • Headshot of an individual sitting in an office wearing a suit and tie. They are seated on a yellow chair with framed photos and plants in the background.What I’ve Learned: Jeremy SiegelAugust 9, 2023
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    Is Cyprus a Game Changer?

    March 19, 2013 • 1 min read

    Eurozone officials reminded the world of the big financial risks that remain there when they sought to fund bailouts in Cyprus by confiscating savings from small depositors.

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    • Finance & Accounting
    • Public Policy
    Featured Faculty

    Mauro Guillén

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    Written By

    Knowledge at Wharton Staff

    Eurozone officials stumbled badly when they sought to confiscate some of the savings of small depositors in Cyprus to finance a bailout. The move uncovered big cracks in eurozone finances that officials hoped had been papered over. Wharton management professor Mauro Guillen assesses the systemic risks.

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