by Cyrus Moulton | November 17, 2025 | Northeastern Global News
When he was 12 years old, James Elespuru’s father made him a deal — if Elespuru moved his savings from a bank account with .01% interest to the stock market, his father would cover any capital losses.
Elespuru, now a third-year student at Northeastern University studying finance and economics, says the deal has paid off.
“He encouraged me to do research on businesses and look at the overall macroeconomic situation,” Elespuru said. “Now, he asks me for help, which is kind of nice.”
His father is not the only one benefiting from Elespuru’s financial calculations.
This summer, Elespuru completed a co-op at Banco de Crédito del Perú, the largest bank and the largest supplier of integrated financial services in Peru. At the bank’s headquarters in Lima, Elespuru focused on high-level credit risk, particularly among companies in the agricultural sector.
