hero image
John Sedunov, PhD - Villanova University. Villanova, PA, US

John Sedunov, PhD John Sedunov, PhD

The Michele and Christopher Iannaccone ’91 Associate Professor of Finance | Villanova School of Business | Villanova University


John Sedunov, PhD, is an expert in banking, cryptocurrencies and financial institutions






loading image John Sedunov loading image




Areas of Expertise (16)


Federal Reserve


Political Economy



Financial Institutions

Risk Management

Systemic Risk and Financial Crises


International Mergers and Acquisitions

Alternative Investments


Banking Regulation




Professor Sedunov's research and teaching interests include risk management, financial crises, banking, and systemic risk. He is a go-to media expert for Bitcoin and other cryptocurrencies as well as FinTech. Sedunov can also discuss the economic ramifications of political developments and policy changes.

Education (3)

The Ohio State University: PhD

The Ohio State University: MA

Carnegie Mellon University: BA

Select Accomplishments (4)

Global Leadership Research Excellence Award (professional)

2016 Villanova Center

Global Leadership Research Excellence Award (professional)

2014 Villanova Center (Honorable Mention)

Ph.D. Student Travel Grant (professional)

2011 American Finance Association

Semi-Finalist for the Best Paper Award at the Financial Management Association conference (professional)

2016 Paper: "Do bank bailouts reduce or increase systemic risk? the effects of TARP on financial system stability?"

Select Media Appearances (7)

Two Swiss Banking Giants Combine to Quell Growing Global Bank Crisis

The Washington Post  online


Credit Suisse, the battered Swiss bank, has agreed to an emergency takeover by its rival UBS, Switzerland’s largest bank, a move engineered by the Swiss government to stave off immediate concerns of a global financial crisis. “Credit Suisse was already on shaky ground,” said John Sedunov, a finance professor at Villanova University. “There was a confluence of factors, a confluence of missteps along the way that got us here. But most recently, people started to panic. They looked for weak spots, and Credit Suisse happened to be a big one.”

view more

Wall Street Banks Will Put $30 Billion Into Beleaguered First Republic

The Washington Post  online


Eleven of the nation’s largest banks announced Thursday that they would deposit a total of $30 billion into First Republic Bank, as Wall Street and U.S. officials staged an emergency intervention aimed at quelling tremors in the financial sector. “This is as large of a bank-to-bank intervention that we have seen, where you have one institution stepping in to help another institution,” said John Sedunov, a professor of finance at Villanova University. “We have not yet reached total failure meltdown stage, and this is an attempt to stop the bleeding before things get worse and you have more widespread panic.”

view more

If bitcoin is so safe, why does it keep getting hacked?



“These types of currencies are unbelievably attractive to a thief or a hacker because of the anonymous nature of it,” John Sedunov, a professor of finance at Villanova University, said. “There’s more of an appeal, because if I go rob a bank, I’m on camera, etc. If I steal a bitcoin from an exchange, I have a string of random letters and numbers attached to me, and nobody is going to figure out who I am.”

view more

Lessons to Investors From Bitcoin's First Decade

U.S. News  


Bitcoin recently passed its 10th birthday, having given some owners huge gains, others enormous losses. It hasn't been in the news so much recently due to a slump from its all-time high over $17,000 a coin a year ago to below $8,000 last February. It opens 2019 around $3,700. So, what have investors learned in the first 10 years? Will the ride be as wild in the next decade? Will bitcoin extend its reach as an actual currency for buying meals and paying the rent? Does that matter? "I think that, right now, those who should think about investing in cryptocurrencies should be those who have an appetite for risk," says John Sedunov, assistant finance professor at Villanova University School of Business.

view more

Cryptocurrency Exchanges Are Getting Hacked Because It’s Easy

The Wall Street Journal  online


Currently sitting at around $6,300, bitcoin trades near its low for the year and well off its record high near $20,000 established in December. The hacks are “bad for users, bad for exchanges and terrible for confidence,” said John Sedunov, an assistant professor of finance at Villanova University. “If I don’t have confidence in where I’m storing my crypto assets or where I’m investing, how can I really trust any of this?”

view more

Why bitcoin exchanges keep getting hacked — and how to protect yourself

Washington Post  online


"Bitcoin and other cryptocurrencies have risen dramatically in popularity and value over the past few years," said John Sedunov, an assistant professor of finance at Villanova University. "This fast run-up may have caught some exchanges off-guard, and they may not have had the capital on hand, time, or even the technical ability to ramp up security features fast enough to ward off potential attackers."

view more

Wells Fargo isn't the only bank with fake accounts, regulators say



Banks that were found to have problems "have already taken -- or are in the process of" taking corrective actions such as closing accounts, refunding customers and fixing credit bureau information, the OCC said. "It's certainly troubling that this appears to be more widespread than one bank," said John Sedunov, a finance professor at Villanova.

view more

Select Academic Articles (6)

Does Bank Technology Impact Small Business Lending Decisions?

Journal of Financial Research

John Sedunov


view more

Bank liquidity creation and real economic output

Journal of Banking & Finance

Berger, A and Sedunov, J


view more

Governance mechanisms and effective activism: evidence from shareholder proposals on poison pills

Journal of Empirical Finance

Mireia Gine, Rabih Moussawi, and John Sedunov


view more

Do bank bailouts reduce or increase systemic risk? the effects of TARP on financial system stability

The Federal Reserve Bank of Kansas City Research

Allen N Berger, Raluca A Roman, and John Sedunov


view more

What is the systemic risk exposure of financial institutions?

Journal of Financial Stability

Sedunov, J


view more

A comprehensive approach to measuring the relation between systemic risk exposure and sovereign debt

Journal of Financial Stability

Michael S Pagano and John Sedunov


view more