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Louis Chen

Vice President; Senior Audit Manager, Bank of America
Greater Boston,United States
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Louis Chen's Overview

Total Experience12 years
CompanyBank of America
CountryUnited States

Louis H.Y. Chen is an eminent Singaporean mathematician, highly regarded for his foundational work in probability theory and statistics. He is particularly renowned for developing Chen's method (often referred to as the Chen-Stein method), a powerful tool for Poisson approximation. His research has had a significant impact on various fields requiring sophisticated probabilistic modeling, including molecular biology, computer science, and finance. He is an Emeritus Professor at the Department of Mathematics and also at the Department of Statistics and Data Science, National University of Singapore, reflecting a long and distinguished academic career dedicated to research, teaching, and the advancement of mathematical sciences.

Professional Summary

Louis Chen's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Bank of America - Vice President; Senior Audit Manager (2022 to Present)

Notable Achievements

Development of Chen's Method

Pioneered Chen's method (or the Chen-Stein method), a fundamental technique in probability theory for approximating the distribution of sums of dependent random variables by a Poisson distribution. This method has broad applications in various scientific disciplines.

Contributions to Poisson Approximation

Made extensive and influential contributions to the theory and application of Poisson approximation, providing deep insights and tools for understanding rare events and count data.

Academic Leadership at NUS

Served as the Director of the Institute for Mathematical Sciences (IMS) at the National University of Singapore (NUS) from 2000 to 2009, significantly shaping its research programs and international standing.

Fellow of Prestigious Societies

Elected as a Fellow of the Institute of Mathematical Statistics (IMS) and a Fellow of the Singapore National Academy of Science, recognizing his outstanding contributions to the field of mathematics and statistics.

Numerous Publications and Citations

Authored and co-authored a vast body of influential research papers and books that are widely cited, demonstrating the lasting impact of his work on the mathematical community.

Educational Background

Bachelor’s Degree, Accounting

Suffolk University - Year 2011

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Bank of America
Total employees213000
HeadquartersCharlotte
Founded1923

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management, and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers, approximately 15,000 ATMs, and award-winning digital banking with approximately 57 million verified digital users.

Bank of America Stock Information
Bank of America, Inc. is listed on the New York Stock Exchange under the ticker symbol BAC. The company went public on NationsBank (predecessor) IPO in 1983; BankAmerica (predecessor) IPO in 1978. Current entity formed via merger in 1998.

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