Roy C. Smith has been on the faculty of the Stern School of Business at New York University since September 1987 as a professor of finance and international business. Prior to assuming this appointment he was a General Partner of Goldman, Sachs & Co. specializing in international investment banking and corporate finance. Upon his retirement from the firm to join the faculty, he was the senior international partner. During his career at Goldman Sachs he set up and supervised the firm's business in Japan and the Far East, headed business development activities in Europe and the Middle East and served as President of Goldman Sachs International Corp. while resident in the firm's London office from 1980 to 1984.
Mr. Smith received his B.S. degree from the U.S. Naval Academy in 1960, and his M.B.A. degree from Harvard University in 1966 after which he joined Goldman, Sachs & Co. He is a frequent guest lecturer at other business schools in the U.S. and in Europe.
Mr. Smith's principal areas of research include international banking and finance, global capital market activity, mergers and acquisitions, leveraged transactions, foreign investments, and finance in emerging markets and Eastern Europe.
In addition to various articles in professional journals and op-ed pieces, he is the author of The Global Bankers, E.P. Dutton, 1989, The Money Wars, E.P. Dutton, 1990 and Comeback: The Restoration of American Banking Power in the New World Economy, Harvard Business School Press, 1993. He is also co-author with Ingo Walter of Investment Banking in Europe: Restructuring in the 1990s, Basil Blackwell, 1989, Global Financial Services, Harper and Row, 1990, Global Banking, Oxford University Press, 1996, and Street Smarts, Harvard Business School Press, 1997.
Mr. Smith is currently a Limited Partner of Goldman, Sachs & Co., a former director of Harsco Corporation, and of Tootal plc, a U.K. Corporation, and a founding partner of Large, Smith & Walter, a European financial services consulting company. He is also a Director of the Atlantic Council of the United States and a member of the Internal Research Council of the Center for Strategic and International Studies, Washington, D.C.
Street Smarts: Linking Professional Conduct with Shareholder Value in the Securities Industry