Tom Spencer

MARCH 11, 2022

A few experiential learning opportunities to look for on campus include consulting clubs, finance clubs, student government, and technology development teams. On-campus engagements are opportunities for students to engage with their peers in a productive environment. Opportunities on-campus.

Finance 88

Finance Government Industry Consulting 88

Tom Spencer

JANUARY 20, 2023

For example, digital marketing executives would just focus on digital marketing; sales executives on sales for a particular set of products, and so on. Software engineers at Google and investment banking analysts at Goldman Sachs are more well-paid than entry level roles at MBB.

Consulting 88

Consulting Boston Consulting Group Bain Banking 88

Tom Spencer

MARCH 17, 2023

This idea has been echoed by some of the most influential figures in the business and finance world, including Professor Michael Porter, Michael Lewis, and Warren Buffett. As a result, the value of many of these securities plummeted to zero when the housing market crashed. They also advocate for environmental issues.

Ethics 78

Ethics Financial Cash Flow Real Estate 78

MishTalk

DECEMBER 26, 2014

Next year will be a very important year for China because possible strains in the banking system and the intensity with which the reformers present their case will give us a better sense both of how much debt capacity the country retains and of how well positioned Xi Jinping and his allies are to implement the needed reforms.

Banking 71

Banking System Benchmarking Finance 71

Harvard Business

OCTOBER 31, 2017

Just over 10 years ago, French bank BNP Paribas froze U.S. The market panicked. There was a run on British bank Northern Rock. Over the next year, many banks fell. Investment bank Bear Stearns collapsed. We expect investment banks to embark on an even more fundamental makeover during the next decade.

Banking 28

Banking Balance Sheet Financial Finance 28

Tom Spencer

MAY 18, 2019

Well, asset managers aim to understand client investment objectives and invest client funds in a variety of financial products and asset classes. Management expense ratios for equity funds are higher than those of fixed income funds, which are in turn higher than those of money markets funds. Franklin Resources. Affiliated Managers.

Industry 113

Industry Real Estate Management Retail 113

Harvard Business

APRIL 26, 2017

It’s been more than 25 years since Bill Gates dismissed retail banks as “dinosaurs,” but the statement may be as true today as it was then. Banking for small and medium-sized enterprises (SMEs) has been astonishingly unaffected by the rise of the Internet. Other sectors of retail lending have not fared much better.

Banking 52

Banking Small Business Oliver Wyman Retail 52

MishTalk

OCTOBER 1, 2014

On Tuesday evening, Argentine President Cristina Fernández accused Juan Carlos Fábrega, head of Argentina’s central bank, of " provoking a devaluation of the peso ". In response Head of Argentine Central Bank Quits. Black Market Rate Shows 78% Decline The black market exchange rate is about 14 pesos to the dollar.

Banking 69

Banking Benchmarking Government Journal 69

Tom Spencer

JANUARY 19, 2019

In technology and software companies, there are product management (PM) and product marketing management (PMM) roles. They both focus on a product, so how do they divide the tasks that need to be done? So, what happens to other tasks like product strategy? Example: Xbox Console Development and Marketing.

Engineering 60

Engineering Productivity Enterprise Marketing 60

Seth Godin Blog

APRIL 4, 2023

If you buy a property for 20% down, with the bank financing the rest, and it goes up in value by just 10%, your profit is 50%. (I’ll If you have a factory and can buy a machine that increases productivity, the money you borrow to pay for that machine creates enough profit that you get to do it again.

Cash Flow 36

Cash Flow Banking Finance Financial 36

Seth Godin Blog

SEPTEMBER 6, 2023

But running a food bank gets exponentially more difficult when your inputs and outputs increase. There are Big-O problems in marketing, in sales, in customer service, in finance, in production and in compliance. Business models have this baked in. There’s nothing wrong with winging it–until there is.

Conference 39

Conference Finance Banking Sales 39

MishTalk

DECEMBER 10, 2013

Industrial production in the currency bloc''s second largest economy fell 0.3% Over the three months through October, industrial production was 0.6% Over the three months through October, industrial production was 0.6% The disappointment comes after separate data showed Monday that German industrial production dropped 1.2%

Finance 75

Finance Industry Data Report 75

Tom Spencer

JUNE 1, 2019

Large mutual funds have strong relationships with banks, where they are able to pay a trailer fee to bank investment advisors to market their product. In countries with concentrated banking sectors, the banks will have enough scale and cross-selling opportunities to have their own major asset management divisions.

Management 60

Management Retail Banking Benchmarking 60

Tom Spencer

JUNE 23, 2023

These companies often have innovative ideas and products but lack the capital and resources to bring them to market. Other firms focus on early-stage funding, where they provide funding to companies that have already developed a product or service but need additional capital to scale their business.

Industry 78

Industry Trends Financial Analysis 78

MishTalk

OCTOBER 27, 2014

Central Banks and the Business Cycle I like it when someone besides a few financial bloggers takes the gloves off and starts asking some hard-hitting questions. The problem is that at these stratospheric valuations, the market does not need to suffer an ACTUAL recession to see a crash. Emphasis in italics is mine.

Banking 75

Banking Policies Financial Marketing 75

Tom Spencer

NOVEMBER 22, 2015

There are many new innovations that allow companies to finance purchases creatively in order to meet their goals over the long term. While the interest rates are usually higher than a regular bank loan, the collateral requirements are almost nothing. Online Banking. Finance Tools. Peer Lending. Online Advice.

Financial 60

Financial Finance Banking Tools 60

MishTalk

DECEMBER 11, 2014

Energy production is extremely capital intense, and often accompanied by negative free cash flow. Since early 2010, energy producers have raised $550 billion of new bonds and loans as the Federal Reserve held borrowing costs near zero, according to Deutsche Bank AG. CJES), postponed financings this month as sentiment soured.

Energy 78

Energy Marketing Benchmarking Cash Flow 78

Tom Spencer

JUNE 8, 2019

Asset management as an industry is becoming increasingly important for a variety of reasons: The world is getting wealthier, driven by growth in emerging markets. Canadians do not have a prominent robo-adviser yet, but banks are looking to get into this space (BMO, TD, and Alberta Bank). Funding Shortfalls and Prescriptions.

Trends 60

Trends Management Banking Government 60

Tom Spencer

DECEMBER 9, 2017

The Maintech Summit at the Frankfurt School of Finance and Management (co-sponsored by Excon , a local start up instigator) is the first real academic-based “shark-tank” environment for disruptive start-ups in Frankfurt. Frankfurt is a major European banking centre, and you can pitch in English! Justify Your Product-Market Fit.

How To 121

How To Insurance Insurance Productivity 121

Tom Spencer

NOVEMBER 9, 2019

The Business of Banking. Banks are intermediaries for capital and hold the risk when supply and demand is not perfectly balanced. Commercial Banking. A bank, on the other hand, can diversify this credit risk and reduce the average cost of vetting each loan by lending to many borrowers. Investment Banking.

Banking 12

Banking Industry Balance Sheet Retail 12

Tom Spencer

MAY 25, 2019

There are a couple of reasons for this: Asset managers can see cash flow and earnings fluctuate wildly with markets. If there is a financial crisis, the stock market falls by half and the asset manager’s performance is in line with the stock market, they now make $500 million. Valuation of Asset Management Firms.

Cash Flow 60

Cash Flow Management Metrics Benchmarking 60

Harvard Business

APRIL 4, 2016

For populations living so far off the economic grid that traditional banks have never considered them as a source of new business, the availability of mobile technology is lifting the bane of cash dependency and opening a door to the mainstream of the global economy.

Banking 28

Banking Insurance Insurance Financial 28

MishTalk

DECEMBER 26, 2013

China''s Move to Market-Set Rates Let''s step back to December 8 and look at China Relaxes Grip on Interest Rates China is relaxing its grip on interest rates with the launch of a financial instrument that allows banks to trade deposits with each other at market-determined prices.

Balance Sheet 67

Balance Sheet Marketing Banking Financial 67

Management Consulted

AUGUST 1, 2013

Oliver Wyman’s CEO, John Drzik, states that the long-term aspiration is to be recognized widely in the market as the gold standard in consulting. They seized this opportunity to establish a firm that would help firms gain clarity about their business models, products, and clients and then advise them by creating long term strategies.

Oliver Wyman 201

Oliver Wyman Interviews Mercer NERA Economic Consulting 201

MishTalk

JUNE 18, 2014

The Financial Times investigates China’s precarious shadow banking system. As chief accountant for Yuncheng City Investment, a financing vehicle for the local government, Mr Qiao has played a crucial role in the development of this gritty steelmaking city in central China. The first article in the series is Into the Shadows.

Real Estate 66

Real Estate Banking Enterprise Finance 66

Tom Spencer

JULY 25, 2020

Gabriel Makhlouf, former Reserve Bank Secretary, gave five major reasons (pdf) why New Zealand had managed to avoid the fate suffered by other advanced economies. These were: Domestic banks had limited exposure to global assets. Flexible exchange rate, product and labour markets. lower than in March.

Financial 68

Financial Policies Banking Comparison 68

MishTalk

JANUARY 24, 2014

Argentina Institutes 50% Tax on Internet Purchases; Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup Yesterday, Argentina devalued the Peso hoping to halt further declines in its currency reserves. Markets had seen this coming as charts of the Peso vs. the US dollar show. The 5-year decline is over 50%.

Marketing 78

Marketing Policies Government Financial 78

MishTalk

MARCH 30, 2014

Financial stress related to Ponzi financing and other bad debts in China is readily visible in numerous places. One result is China’s Big Banks Double Bad-Loan Write-Offs. That was up 127 per cent from 2012, and the highest since the banks were rescued from insolvency, recapitalised and publicly listed over the past decade.

Policies 73

Policies Real Estate Banking Finance 73

Tom Spencer

MAY 9, 2020

In this short article, we will provide a brief history of today’s global monetary system, explain why central banks aim to produce consumer price inflation, and consider some of the potential consequences. According to the IMF , the US dollar accounts for more than 60% of central bank foreign exchange reserves, worth more than $6.7

System 88

System Banking Government Insurance 88

MishTalk

MAY 14, 2014

China’s real estate market correction — some economists are even calling it the popping of a bubble — is partly the result of a deliberate decision by the country’s leaders in Beijing. Economic data released on Tuesday also included a deceleration in industrial production, with growth in steel and cement output slowing to a crawl.

Real Estate 77

Real Estate Banking Cash Flow Construction 77

Martinka Consulting

JULY 7, 2020

Before I get into valuation, here are some other things I expect we’ll see: More seller financing, in fact banks are already indicating they want more seller financing. More buyer cash at closing, banks will shy away from the 10% down from the buyer (SBA loans) and want it at least 15-20% if not more. Conclusion.

Banking 40

Banking Financial Finance Sales 40

MishTalk

DECEMBER 7, 2015

Perverse Central Bank Battle In the perverse central bank battle to defeat price deflation, the central banks are having a rough go of things. Some member states sought production cuts. Saudi Arabia has long insisted it would cut production only if fellow OPEC members and non-OPEC countries joined in.

Banking 28

Banking Energy Report Productivity 28

Tom Spencer

MARCH 24, 2018

However, this still does not make entry onto the market easy, one has to find a niche or adapt a known classic. The Chinese adore tea so introducing new dairy products into the tea market would be a wonderful way to get a foot in the door. So, what was the new product idea? At the end of the day, not my cup of tea.

Trends 87

Trends Productivity Finance Report 87

MishTalk

JANUARY 28, 2014

On January 15, Reuters reported China''s ICBC says won''t compensate investors in troubled shadow bank product. Heck, the name of the product itself was a likely indication of trouble. Yesterday morning, the South China Morning Post commented It''s tough, but China must let trust company products fail. Tough Luck?

Banking 72

Banking Balance Sheet Productivity Financial 72

Tom Spencer

DECEMBER 17, 2016

Part of the drive for diversity, to be honest, is caused by a failure of women to rise to the top in most large businesses – including the financial services, banking or tech industries, despite a generation (at least) of trying. Beyond this, of course, is a wide range of products that interact with the consumer in different ways.

Banking 60

Banking Financial Industry Finance 60

MishTalk

SEPTEMBER 14, 2014

For the third time France Warns of Budget Overshoot France has declared it will heavily overshoot its already twice-delayed budget deficit target next year, setting up tough negotiations with European partners previously reluctant to grant Paris more time to bring its public finances within EU limits. Mr Sapin said the deficit would reach 4.3

Finance 71

Finance Banking Government Policies 71

BCG

DECEMBER 15, 2016

Yet that income stream is weakening, as low-risk investment yields dip toward 0% and central banks continue to drain the bond markets. Increasingly, managers find themselves in sometimes heated debate, pitted against their companies’ actuaries, product managers, risk and finance executives, and boards of directors.

Insurance 40

Insurance Insurance Cash Flow Management 40