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$2M Grant to Boost Business Research
$2M Grant to Boost Business Research

WILLIAM CHRISTIANSEN, Bank of America Professor of Finance at FSU, will head the new Gene Taylor/Bank of America Center for Banking and Financial Studies.

Talk about a return on investment: In February, Florida State's College of Business learned it's getting $2 million from one of its own, an alumnus banker who credits the college with giving him the start that launched a highly successful 38-year banking career. The funds are in line to be matched by state monies.

The grant creates the Gene Taylor/Bank of America Center for Banking and Financial Studies inside the College's finance department, in honor of Gene Taylor, a 1969 graduate of the program.

"This will help the Department of Finance recruit and retain high quality faculty by enhancing faculty salaries, providing research grants, enhancing Ph.D. student stipends and making available critical data bases used in financial market research," said Caryn L. Beck-Dudley, dean of the college.

A Florida native, Taylor held a number of leadership positions in Bank of America before retiring in 2007. He also served as Florida president for NCNB, predecessor to Bank of America, from 1990 to 1993, and served as president again after the NationsBank and Barnett Bank merger in 1997. —K.M.