Prof. Dr. Hans-Peter Burghof is having the Chair of Banking and Financial Services at the University of Hohenheim in Stuttgart since 2003. As a trained banker and a graduate economist, he deals with the subjects of banking supervision and credit risk transfer in doctoral and habilitation. Both problem areas gained great importance and public resonance in the current financial crisis. His specialist areas are in the area of credit financing, risk management and banking systems. In addition, as part of the Stuttgart Financial Initiative, he is involved in the development of the Stuttgart financial center.