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Market Matters
Mega deals and market shifts: 2025 investment banking recap and 2026 outlook

Market Matters

Play Episode Listen Later Dec 12, 2025 25:03


How did investment banking clients navigate a year of uncertainty, and what's next for dealmaking and capital markets? In this episode, Dorothee Blessing, Global Head of Investment Banking Coverage, is joined by Anu Aiyengar, Global Head of Advisory and M&A, and Kevin Foley, Global Head of Capital Markets. Together, they break down the forces that shaped 2025—from cautious optimism and strategic adaptation to the surge in mega deals and the transformative impact of AI. Looking ahead, they share actionable insights on M&A, IPOs, private capital, and global market trends that will define opportunities and risks in 2026. Tune in for expert perspectives on building resilience, seizing growth, and preparing for the future of investment banking. This episode was recorded on December 8, 2025. This material was prepared by certain personnel of JPMorgan Chase & Co. and its affiliates and subsidiaries worldwide and not the firm's research department. It is for informational purposes only, is not intended as an offer or solicitation for the purchase, sale or tender of any financial instrument and does not constitute a commitment, undertaking, offer or solicitation by any JPMorgan Chase entity to extend or arrange credit or provide any other products or services to any person or entity.  © 2025 JPMorgan Chase & Company. All rights reserved.

The ISO Show
#238 Umony's ISO 42001 Journey - Setting the Standard for effective AI Management

The ISO Show

Play Episode Listen Later Dec 12, 2025 43:19


AI has become inescapable over the past years, with the technology being integrated into tools that most people use every day. This has raised some important questions about the associated risks and benefits related to AI. Those developing software and services that include AI are also coming under increasing scrutiny, from both consumers and legislators, regarding the transparency of their tools. This ranges from how safe they are to use to where the training data for their systems originates from. This is especially true of already heavily regulated industries, such as the financial sector. Today's guest saw the writing on the wall while developing their unique AI software, that helps the financial sector detect fraud, and got a jump start on becoming accredited to the world's first best practice Standard for AI, ISO 42001 AI Management. In this episode, Mel Blackmore is joined by Rachel Churchman, The Global Head of GRC at Umony, to discuss their journey towards ISO 42001 certification, including the key drivers, lessons learned, and benefits gained from implementation.    You'll learn ·      Who is Rachel? ·      Who are Umony? ·      Why did Umony want to implement ISO 42001? ·      What were the key drivers behind gaining ISO 42001 certification? ·      How long did it take to implement ISO 42001? ·      What was the biggest gap identified during the Gap Analysis? ·      What did Umony learn from implementing ISO 42001? ·      What difference did bridging this gap make? ·      What are the main benefits of ISO 42001? ·      The importance of accredited certification ·      Rachel's top tip for ISO 42001 Implementation   Resources ·      Umony ·      Isologyhub   In this episode, we talk about: [02:05] Episode Summary – Mel is joined by Rachel Churchman, The Global Head of GRC at Umony, to explore their journey towards ISO 42001 certification. [02:15] Who is Rachel?: Rachel Churchman is currently The Global Head of GRC (Governance, Risk and Compliance) at Umony, however keen listeners to the show may recognise her as she was once a part of the Blackmores team. She originally created the ISO 42001 toolkit for us while starting the Umony project under Blackmores but made the switch from consultant to client during the project. [04:15] Who are Umony? Umony operate in the financial services industry. For context, in that industry every form of communication matters, and there are regulatory requirements for firms to capture, archive and supervise all business communications. That covers quite a lot! From phone calls, to video calls, instant messaging etc, and failures to capture that info can lead to fines. Umony are a compliance technology company operating within the financial services space, and provide a platform that can capture all that communications data and store that securely. [05:55] Why did Umony embark on their ISO 42001 journey? Umony have recently developed an AI platform call CODA, which uses advanced AI to review all communications to detect financial risks such as market abuse, fraud or other misconduct. This will flag those potential high-risk communications to a human to continue the process. The benefit of this is that rather than financial institutions only being able to monitor a very small set of communications due to it being a very labour intensive task, this AI system would allow for monitoring of 100% of communications with much more ease. Ultimately, it's taking communications capture from reactive compliance to proactive oversight. [08:15] Led by industry professionals: Umony have quite the impressive advisory board, made up of both regulatory compliance personnel as well as AI technology experts. This includes the likes of Dr.Thomas Wolfe, Co-Founder of Hugging Face, former Chief Compliance Officer at JP Morgan and the CEO of the FCA. [09:00] What were the key drivers behind obtaining ISO 42001 certification? Originally, Rachel had been working for Blackmores to assist Umony with their ISO 27001:2022 transition back in early 2024. At the time, they had just started to develop their AI platform CODA. Rachel learned about what they were developing and mentioned that a new Standard was recently published to address AI specifically. After some discussion, Umony felt that ISO 42001 would be greatly beneficial as it took a proactive approach to effective AI management. While they were still in the early stages of creating CODA they wanted to utilise best practice Standards to ensure that the responsible and ethical development of this new AI system. When compared to ISO 27001, ISO 42001 provided more of a secure development lifecycle and was a better fit for CODA as it explores AI risks in particular. These risks include considerations for things like transparency of data, risk of bias and other ethical risks related to AI. At the time, no one was asking for companies to be certified to ISO 42001, so it wasn't a case of industry pressure for Umony, they simply knew that this was the right thing to do. Rachel was keen to sink her teeth into the project because the Standard was so new that Umony would be early adopters. It was so new, that certification bodies weren't even accredited to the Standard when they were implementing the Standard. [12:20] How long did it take to get ISO 42001 certified? Rachel started working with Anna Pitt-Stanley, COO of Umony, around April 2024. However the actual project work didn't start until October 2024, Umony already had a fantastic head start with ISO 27001 in place, and so project completion wrapped up around July of 2025. They had their pre-assessment with BSI in July, which Rachel considered a real value add for ISO 42001 as it gave them more information from the assessors point of view for what they were looking for in the Management System. This then led onto Stage 1 in August 2025 and Stage 2 in early September 2025. That is an unusually short period of time between a Stage 1 & 2, but they were in remarkably good shape at the end of Stage 1 and could confidently tackle Stage 2 in quick succession. The BSI technical audit finished at the end of September, so in total from start to finish the Implementation of ISO 42001 took just under 12 months. [15:50] What was the biggest gap identified during the Gap Analysis? A lot of the AI specific requirements were completely new to this Standard, so processes and documentation relating to things like 'AI Impact Assessment' had to be put in place. ISO 42001 includes an Annex A which details a lot of the AI related technical controls, these are unique to this Standard, so their current ISO 27001 certification didn't cover these elements. These weren't unexpected gaps, the biggest surprise to Rachel was the concept of an AI life cycle. This concept and its related objectives underpin the whole management system and its aims. It covers the utilisation or development of AI all the way through to the retirement of an AI system. It's not a standalone process and differs from ISO 27001's secure development life cycle, which is a contained subset of controls. ISO 42001's AI life cycle in comparison is integrated throughout the entire process and is a main driver for the management system.   [19:30] What difference did bridging this gap make? After Umony understood the AI life cycle approach and how it applied to everything, it made implementing the Standard a lot easier. It became the golden thread that ran through the entire management system. They were building into an existing ISMS, and as a result it created a much more holistic management system. It also helped with the internal auditing, as you can't take a process approach to auditing in ISO 42001 because controls can't be audited in isolation.   [21:30] What did Umony learn from Implementing ISO 42001? Rachel in particular learned a lot, not just with ISO 42001 but with AI itself. AI is new to a lot of people, herself included, and it can be difficult to distinguish what is considered a risk or opportunity regarding AI. In reality, it's very much a mix of the two. There's a lot of risk around data transparency, bias and data poisoning as well as new risks popping up all the time due to the developing technology. There's also a creeping issue of shadow IT, which is where employees may use hardware of software that hasn't been verified or validated by the company. For example, many people have their own Chat GPT accounts, but do you have oversight of what emplyees may be putting into that AI tool to help with their own tasks? On a more positive note, there are so many opportunities that AI can provide. Whether that's productivity, helping people focus more on the strategic elements of their role or reduction of tedious tasks. Umony is a great example of where an AI has been developed to serve a very specific purpose, preventing or highlighting potential fraud in a highly regulated industry. They're not the only one, with many others developing equally crucial AI systems to tackle some of our most labour-intensive tasks. In terms of experience with Implementing ISO 42001, Rachel feels it cemented her opinion that an ISO Standard provides a best practice framework that is the right way to go about managing AI in an organisation. Whether you're developing it, using it or selling it, ISO 42001 puts in place the right guardrails to make sure that AI is used responsibly, ethically, and that people understand the risks and opportunities associated with AI. [26:30] What benefits were gained from Implementing ISO 42001? The biggest benefit is having those AI related processes in place, regardless of if you go for certification. Umony in particular were keen to ensure that their certification was accredited, as this is a recognised certification. With Umony being part of such a regulated industry, it made sense that this was a high priority. As a result, they went with BSI as their Certification Body, who were one of the first CB's in the UK to get IAF accredited, quickly followed by UKAS accreditation. [27:55] The Importance of accredited certification: Sadly, a new Standard creates a lot of tempting offers from cowboy certification bodies that operate without a recognised accreditation. They will offer a very quick and cheap route to certification, usually provided through a generic management system which isn't reflective of how you work. Their certificate will also not hold up to scrutiny as it's not accredited with any recognisable body. For the UK this is UKAS, who is the only body in the UK under the IAF that is able to certify companies to be able to provide a valid accredited certificate. There's are easily available tools to help identify if a certificate is accredited or not, so it's best to go through the proper channels in the first place! Other warning signs of cowboy companies to look out for include: ·      Off the shelf Management system provided for a fee ·      Offering of both consultancy and certification services – no accredited CB can provide both to a client, as this is a conflict of interest. ·      A 5 – 10 year contract It's vital that you use an accredited Certification Body, as they will leave no stone unturned when evaluating your Management System. They are there to help you, not judge you, and will ensure that you have the upmost confidence in your management system once you've passed assessment. Umony were pleased to have only received 1 minor non-conformity through the entire assessment process. A frankly astounding result for such a new and complex Standard! [32:15] Rachel's top tip: Firstly, get a copy of the Standard. Unlike a lot of other Standards where you have to buy another Standard to understand the first one, ISO 42001 provides all that additional guidance in its annexes.   Annex B in particular is a gold mine for knowledge in understanding how to implement the technical controls required for ISO 42001. It also points towards other helpful supporting Standards as well, that cover aspects like AI risks and AI life cycle in more detail. Rachel's second tip is: You need to scope out your Management System before you start diving into the creation of the documentation. This scoping process is much more in-depth for ISO 42001 than with other ISO Standards as it gets you to understand your role from an AI perspective. It helps determine whether you're an AI user, producer or provider, it also gets you to understand what the management system is going to cover. This creates your baseline for the AI life cycle and AI risk profile. These you need to get right from the start, as they guide the entire management system. If you've already got an ISO Standard in place, you cannot simply re-use the existing scope, as it will be different for ISO 42001. If you're struggling, CB's like BSI can help you with this. [35:20] Rachel's Podcast recommendation: Diary of a CEO with Stephen Bartlett. [32:15] Rachel's favourite quote: "What's the worst that can happen?" – An extract from a Dale Carnegie course, where the full quote is: "First ask yourself what is the worst that can happen? Then, you prepare to accept it and then proceed to improve on the worst." If you'd like to learn more about Umony and their services, check out their website.   We'd love to hear your views and comments about the ISO Show, here's how: ●     Share the ISO Show on Twitter or Linkedin ●     Leave an honest review on iTunes or Soundcloud. Your ratings and reviews really help and we read each one. Subscribe to keep up-to-date with our latest episodes: Stitcher | Spotify | YouTube |iTunes | Soundcloud | Mailing List

Thoughts on the Market
Fed's Next Steps and Markets' Reactions

Thoughts on the Market

Play Episode Listen Later Dec 11, 2025 12:10


Our Global Head of Macro Strategy Matthew Hornbach and Chief U.S. Economist Michael Gapen discuss the Fed's path as inflation remains above its target and the labor market continues cooling.Read more insights from Morgan Stanley.----- Transcript -----Matthew Hornbach: Welcome to Thoughts on the Market. I'm Matthew Hornbach, Global Head of Macro Strategy. Michael Gapen: And I'm Michael Gapen, Morgan Stanley's Chief U.S. Economist. Matthew Hornbach: Yesterday, the FOMC meeting delivered another quarter percentage point rate cut. Today we're here to discuss what happens next.It's Thursday, December 11th at 8:30 AM in New York. So, Mike, once again, the Fed cut rates by 25 basis points. That outcome was not a surprise, and the markets reacted positively. But there were some surprises. A bit of a divided FOMC, if you will. How did things play out during the meeting and what are some important takeaways to keep in mind? Michael Gapen: Yeah, well certainly Matt, it is a divided committee. I think that's clear. I think one key takeaway for me is the idea that the Fed is done with risk management rate cuts, and now we're back to data dependent. So, what does that mean? I mean, a risk management rate cut isn't necessarily about the data you have in hand and the data you see; it's your view about the distribution of risks around that. So, in some ways, you're not data dependent when you're making those cuts. Now, I think the challenge at this press conference for Powell was to say, ‘Well, now things are different.' And it was a nuance in the sense that cuts from here, if and when they come, will be data dependent. But I think at the same time he did not want to communicate that the bar for those rate cuts were exceptionally high. But I think he threaded the needle quite well in transitioning from risk management cuts, which aren't data dependent to an outlook, which is now more data dependent. And I thought he did that artfully well. So, for me, that's the big key. Secondarily I'd add a takeaway for me was he seems fairly confident that inflation will be coming down, and I think he still believes the labor market is cooling. The blend of that came across as a bit dovish to me. And then the third thing I would add is he fairly explicitly ruled out the risk of rate hikes. So, I think the combination of those three things: data dependence, still concerns about cooling in the labor market, and chopping off the upper half of the rate path distribution – those were kind of the key takeaways from my point. Matthew Hornbach: So, Mike, with respect to the labor market, Chair Powell did address it in a couple of different ways. But one of the ways that stood out to my ears was how he described some technical factors that people are well aware of – that could mean the economy is actually shedding jobs to the tune of about 20,000 per month. I was wondering if you could just briefly address what those factors – that are supposedly so well known – might be. Michael Gapen: Sure. So, obviously the data that gets released, there are the initial releases and then there are revisions. And in the labor market, there are what are called annual benchmark revisions. So, the BLS released a preliminary estimate of that benchmark revision several months ago, and if you apply that initial estimate, it would suggest that job growth in 2025 could be about 60,000 jobs per month, less than has already been reported. But at the same time, we know immigration controls are slowing growth in the labor force. So, this is what Powell is calling the really curious balance. How can you have employment growth basically zero, maybe even negative, after these revisions come in – and the unemployment rate relatively stable. Yes, it's gone up a few tenths, but not like you would normally expect that rise would be if we were shedding jobs. So that to me is why he… You know; the technical factors about revisions and things that lead them to be, I think, very unsure about where the labor market is; and lean in the direction of thinking lower rates are better to manage those risks than where they were six months ago. Matthew Hornbach: One of the points that you raised in your opening explanation of the meeting was about inflation. And Chair Powell mentioned an expectation that the inflation related to tariffs would be peaking in the first quarter of the year. That sounded very familiar to me because I believe that's your expectation as well. I'm curious. How are you looking at tariffs and the inflation related to tariffs today? And do you agree with Chair Powell still? Michael Gapen: We do. Our modeling of the tariff pass through and our conversations with clients and firms and what we hear on corporate earnings calls suggests that this is a long process. Meaning tariffs go in place, prices don't go up the next month. Firms make pricing decisions that take time to implement. So, we agree that the tariff pass through story will extend into 2026 and likely through the end of the first quarter. And if that's true, then goods prices should continue to move higher. The year-on-year rate of inflation should move higher, peaking at 3 percent or a little above in the first quarter of the year. And then tat effect should we think be over, which would open the door for overall inflation to start coming back down. So, I will use the dreaded T-word. We think ultimately inflation from tariffs will be transitory. And I agree with the Chair's timeline; inflation should peak in the first quarter of the year and then start to trend down. That said, we think inflation will be above the Fed's 2 percent target into 2027, and this is the cost of providing insurance to the labor market. Matthew Hornbach: So finally, all things considered, what is your outlook for Fed policy in 2026? Michael Gapen: Yeah, and the key here, Matt, is that exactly what you just implied about tariffs and inflation still going on into 2026, right? Because what we know is while firms are gauging exactly where they should be pricing, they've been offsetting tariffs through lower demand for labor. So, we think the Fed will be cutting again in January. We have three months of employment data that come across two employment reports between now and the January meeting. We think they will show continued cooling in the labor market. And then we have a second cut next year in in April. So, while tariffs are getting passed through, we think the labor market will continue to cool. And this Fed will be biased to cutting rates to provide support to the labor market in the process. That would mean the federal funds rate gets to 3 – 3.25 percent in the second quarter of 2026, where we think it'll stay.So Matt, I'd like to ask you a question. What I noticed was the rate market backed up going into the meeting, despite the fact that market participants were projecting a cut. And then the rate market rallied, in my view, significantly during the meeting and right after. What do you think was happening there? Matthew Hornbach: So, there's a phenomenon that happens in all markets where investors often speculate on a potential outcome. And if the outcome is then delivered, the follow-on price action is underwhelming. That is colloquially known as buying the rumor and selling the fact. So, I think going into this meeting kind of in line with your expectations, investors were forming very similar expectations about how the FOMC statement itself would change and the implications that that might have for the future of Fed policy. When that hawkish cut was delivered almost exactly as you had expected, Mike, I think, investors started thinking about the future in a slightly different way. Now that their expectations were met with the meeting outcome, they started to consider, the data that is forthcoming. And whenever, officials at the Fed talk about data in the way that Chair Powell spoke about the data – and by which I mean labeled the labor market as potentially losing jobs at the moment, and labeling inflation as transitory, that we'd be past the peak of tariff related inflation after the first quarter of the year. Investors can kind of look at those factors and extrapolate going forward, what that may mean for Fed policy in the first half of 2026. So, I think similar to your expectations for policy after this meeting, investors probably became a bit more confident in your outlook for Fed policy that we would see additional rate cuts in the first half of next year. And then, of course, after the April meeting, the baton will be passed to the next Fed chair, and I think investors are considering what policy might look like under that new regime at the Fed. And on the margin, the view is that the next Fed chair would be more likely than not to continue the process of lowering policy rates. So, I think all of those factors played into the post press conference, and even during the press conference reaction. Michael Gapen: Okay Matt, one last question, if I may. How did the events of the FOMC this week and the market reaction, how does that dovetail with how you're thinking about longer term rates, in particular where you see 10-year yields going? And the dollar? Matthew Hornbach: So, 10-year yields are relatively close to 4 percent at this juncture, and we expect them to drift modestly lower in the first half of 2026, as the Fed continues this process of lowering the policy rate. One point that's very important to make here is that the longer-term Treasury yields today are now sitting well above the Fed's policy rate, and that hasn't been the case for many, many years now. A lot of investors with whom we speak think that longer term yields can head a lot higher from here. But we're skeptical – because the higher that those yields go relative to the Fed's policy rate, the more attractive those bonds become for other investors to buy. So, we don't expect a big increase in longer term interest rates. Unlike some investors, we are expecting interest rates in the long end to remain relatively stable with a downward bias.On the dollar, similarly, we have the dollar continuing its depreciation trend, which it began in January of 2025, earlier this year. We expect that depreciation trend to continue in the first half of 2026 before – similar to the interest rate path – we see a little bit of dollar strength in the second half of the year. And so, you know this being the last FOMC meeting of the year, Mike, I guess we're going to have to take a wait and see approach until the FOMC reconvenes in the new year. Thanks a lot for taking the time to talk about the Fed with me this year. Michael Gapen: Great speaking with you Matt. See you in 2026. Matthew Hornbach: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.

Money And Wealth With John Hope Bryant
The Power of Access with Joe Baratta

Money And Wealth With John Hope Bryant

Play Episode Listen Later Dec 11, 2025 52:04 Transcription Available


In this episode, John sits down with Joe Baratta. Joe is the Global Head of Private Equity at Blackstone, the world’s largest alternative asset manager. Baratta shares his remarkable journey from a modest upbringing in Sacramento to leading one of the most powerful private equity platforms in the world. Together John and Joe explore the real meaning of access, aspiration, relationship capital, and why talent is universal, but opportunity is not. This episode is both a masterclass in economic empowerment and a reminder that the American Dream still exists, especially when leaders choose to widen the table and share the climb. See omnystudio.com/listener for privacy information.

Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
Managing the Digital Workforce: AI's Role in the Future of Work

Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)

Play Episode Listen Later Dec 11, 2025 34:12


1036: What does it mean to manage a digital workforce? In this episode of Technovation, we feature a panel from our most recent Metis Strategy Summit where three top executives explore how AI is reshaping work, both automating tasks, and changing the nature of management itself. Peter High speaks with: Jennifer Charters, Chief Information Officer at Lincoln Financial Prasanna Gopalakrishnan, Chief Product & AI Officer at ADP Daniel Marcu, Global Head of AI Engineering at Goldman Sachs Together, they discuss: Why AI agents require new thinking about team structure and oversight How CIOs and CHROs must partner to build enterprise AI fluency The risks of shadow AI and the need for secure platforms How habit loops and performance incentives impact AI adoption What it takes to balance innovation speed with organizational readiness

Closing Bell
Record closes for Dow, S&P 500; Broadcom earnings and the outlook for AI in 2026 12/11/25

Closing Bell

Play Episode Listen Later Dec 11, 2025 43:17


Heath Terry, Citi's Global Head of Technology and Communications Research, breaks down the latest OpenAI announcement and what it means for the AI landscape in 2026. Earnings from Broadcom, Costco, Lululemon and RH set the tone for the afternoon. Market gut check with Stephanie Guild, Chief Investment Officer at Robinhood. Christopher Rolland of Susquehanna analyzes Broadcom's results. Diana Olick reports on U.S. home prices turning negative and Deepak Puri, Chief Investment Officer at Deutsche Bank Wealth Management, on his 2026 market outlook and the strengthening dollar. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Syneos Health Podcast
2025 CNS Summit Series: Rewriting the Rules of Neurodegeneration, A Conversation with Arvinas CSO Angela Cacace, PhD

The Syneos Health Podcast

Play Episode Listen Later Dec 11, 2025 10:28


What if protein degradation could address neurodegenerative diseases, not just cancer? In this episode, Dr. Angela Cacace, CSO at Arvinas, speaks with Dr. Talar Hopyan, Global Head of CST at Syneos Health, about how the company is advancing a degrader targeting LRRK2 in Parkinson's disease and why early-stage signals in healthy volunteers are raising new possibilities for CNS care. They discuss how Arvinas is engineering blood-brain barrier-penetrant molecules, the translational challenges in neurodegeneration and what's required to move from platform to patient. What you'll learn: How Arvinas is expanding targeted protein degradation into neurology Why LRRK2 degradation is a promising approach for Parkinson's disease What it takes to translate platform innovation into measurable clinical outcomes The views expressed in this podcast belong solely to the speakers and do not represent those of their organization. If you want access to more future-focused, actionable insights to help biopharmaceutical companies better execute and succeed in a constantly evolving environment, visit the Syneos Health Insights Hub. The perspectives you'll find there are driven by dynamic research and crafted by subject matter experts focused on real answers to help guide decision-making and investment. You can find it all at https://www.syneoshealth.com/insights-hub. Like what you're hearing? Be sure to rate and review us! We want to hear from you! If there's a topic you'd like us to cover on a future episode, contact us at podcast@syneoshealth.com.

Knowledge@Wharton
Wharton Marketing Matters: Best of 2025

Knowledge@Wharton

Play Episode Listen Later Dec 11, 2025 65:00


This “Best of 2025” episode highlights insights from Shannon Shae Montoya, Global Head of B2B Marketing, Sponsorships, and Events at Yahoo; Toby Espinosa, Vice President of Ads at DoorDash; Adam Kornblum, Chief Creative Officer at L'Oréal; and Merill Hollander, founder of Fiametta, as they discuss how data-driven creativity, storytelling, and bold experimentation are shaping the future of marketing, retail media, beauty, and fine jewelry. Hosted on Acast. See acast.com/privacy for more information.

The Platform Journey
Antonio Bravo on AI & Data at BBVA

The Platform Journey

Play Episode Listen Later Dec 11, 2025 38:50


In this episode, Avanish and Antonio discuss:BBVA's data transformation journey, including the strategic decision in 2017 to create a global data function at the executive committee level reporting to the CEO and ChairmanBuilding hybrid data architecture combining centralized lake house (AWS) with data mesh approaches to balance agility and control across global operations in regulated environmentsThe "eight robots" framework—a top-down AI transformation agenda targeting the most critical parts of BBVA's value chain, from digital client relationships to banker productivity to risk underwritingHow BBVA defines data democratization as "responsible access" not "open access," implementing strict governance while enabling self-service analytics in a highly regulated industryReal-world AI impact: solutions reducing tasks from 11 minutes to less than 1 minute, generative assistant "Blue" serving 20+ million clients in Spain and Mexico, and IVR improvements saving minutes to secondsThe partnership and ecosystem strategy leveraging enterprise-focused innovation through AWS, OpenAI, Google Gemini, and vertical solution providers to increase speed of learning and innovationWhy the "mode in this cycle is learning—how fast you can learn, how fast you can test hypotheses"—embracing experimentation and continuous improvement as models rapidly evolveAntonio's vision for the future: using AI and data to expand bankarization globally, serving underserved populations and fueling economic growth for families and businessesAbout the host:Avanish Sahai is a Tidemark Fellow and served as a Board Member of Hubspot from 2018 to 2023; he currently serves on the boards of Birdie.ai, Flywl.com and Meta.com.br as well as a few non-profits and educational boards. Previously, Avanish served as the vice president, ISV and Apps partner ecosystem of Google from 2019 until 2021. From 2016 to 2019, he served as the global vice president, ISV and Technology alliances at ServiceNow.  From 2014 to 2015, he was the senior vice president and chief product officer at Demandbase.  Prior to Demandbase, Avanish built and led the Appexchange platform ecosystem team at Salesforce, and was an executive at Oracle and McKinsey & Company, as well as various early to mid-stage startups in Silicon Valley.About Antonio Bravo, Global Head of Data at BBVAAntonio started his career in 2009 as a consultant focused in Technology, Media and Telecom. There he had the opportunity to learn how (mobile) internet growth blurs barriers between different industries and makes them converge. One of those industries is finance. He joined BBVA in 2011 to be part of its transformation strategy, and since then he has had different jobs. Started working in the Strategy & M&A area, with focus on the BBVA Ventures team (today Propel) investing in fintech startups, continued with a role in Digital Banking Strategy team, and later in 2015 assumed the responsibility of Business Development in South America (Argentina, Chile, Colombia, Perú, Venezuela, Uruguay and Paraguay).He also held the responsibility of Agile Organization until July 2019, focused in scaling the Agile methodology through-out the entire organization, more than 33.000 people including holding and countries, to improve quality, time to market, productivity and team engagement.From July 2019 until September 2021 he held the responsibility of IT Strategy & Control within BBVA, a function that manages some of the core IT functions at a global level, such as IT strategy, finance, vendor management, PMO, first line of defense and IT spin-offs.Since September 2021 he holds the position of Head of Sustainability Strategy & Business Development, where he contributes to the design of the strategic plan for all segments and manages investment in descarbonization funds. In January 2024 he was also appointed as Head of Corporate and Investment Banking Strategy, Industrial client coverage and cross border business.In January 2025 was appointed Global Head of Data at BBVA. Antonio is responsible of leading the transformation of the Group towards a data-driven company.About BBVA:BBVA is a global financial services group founded in 1857. The bank is present in more than 25 countries, has a strong leadership position in the Spanish market, is the largest financial institution in Mexico and it has leading franchises in South America and Turkey. In the United States, BBVA also has a significant investment, transactional, and capital markets banking business.BBVA contributes with its activity to the progress and welfare of all its stakeholders: shareholders, clients, employees, providers and society in general. In this regard, BBVA supports families, entrepreneurs and companies in their plans, and helps them to take advantage of the opportunities provided by innovation and technology. Likewise, BBVA offers its customers a unique value proposition, leveraged on technology and data, helping them improve their financial health with personalized information on financial decision-making.About TidemarkTidemark is a venture capital firm, foundation, and community built to serve category-leading technology companies as they scale.  Tidemark was founded in 2021 by David Yuan, who has been investing, advising, and building technology companies for over 20 years.  Learn more at www.tidemarkcap.com.LinksFollow our host, Avanish SahaiLearn more about Tidemark

Wharton Marketing Matters
Best of 2025

Wharton Marketing Matters

Play Episode Listen Later Dec 11, 2025 65:00


This “Best of 2025” episode highlights insights from Shannon Shae Montoya, Global Head of B2B Marketing, Sponsorships, and Events at Yahoo; Toby Espinosa, Vice President of Ads at DoorDash; Adam Kornblum, Chief Creative Officer at L'Oréal; and Merill Hollander, founder of Fiametta, as they discuss how data-driven creativity, storytelling, and bold experimentation are shaping the future of marketing, retail media, beauty, and fine jewelry. Hosted on Acast. See acast.com/privacy for more information.

LGIM Talks
389: Our 2026 investment outlook – the CIO call

LGIM Talks

Play Episode Listen Later Dec 11, 2025 41:37


This special episode marks the publication of our 2026 global outlook, which offers insights across public and private markets after another remarkable year for investors. Topics covered include: AI-driven capital expenditure and rising government borrowing What may need to happen to justify investor bullishness on AI Concentration risk in US and global equity markets Non-consensus market views for next year and beyond You can read the foreword and access the entire report here, on our blog. During the episode, Sonja Laud, our global CIO, is joined by: Christopher Jeffery, Head of Macro Strategy Colin Reedie, Head of Active Strategies David Barron, Global Head of Index and ETFs Robin Martin, Global Head of Investment Strategy & Research, Private Markets Our panel also share what they are planning to read, watch and listen to over the holidays. The podcast was recorded on 9 December and was moderated by Max Julius, Head of Content. For professional investors only. Capital at risk.

CIBC Mellon Industry Perspectives
Episode 76 - Navigating Canadian and Global Markets In 2026: Insights from BNY Markets Experts

CIBC Mellon Industry Perspectives

Play Episode Listen Later Dec 11, 2025 19:53


The latest episode of CIBC Mellon Industry Perspectives moderated by Joe Lacopo, Head of the Asset Manager Segment, CIBC Mellon features the following BNY Markets strategists: Robert Savage, Global Head of Markets Strategy and Insights, John Velis, FX and Macro Strategist for the Americas, Wee Khoon Chong, Senior Markets Strategist for APAC, Geoffrey Yu, Senior Markets Strategist for EMEA.From global market trends and Canada's evolving investment landscape to deep dives into Europe, Asia, and cross-border FX challenges, this episode delivers essential insights for institutional investors navigating a rapidly changing world. This presentation contains the presenter'spersonal views and not those of CIBC Mellon or any other person. It may beconsidered advertising, and provides general information only and neither thepresenter nor CIBC Mellon nor any other person are, by means of thispresentation, rendering accounting, business, financial, investment, legal,tax, or other professional advice or services.  This presentation isintended for general informational purposes only. It may not be regarded ascomprehensive nor as a substitute for professional advice.  Before takingany particular course of action, contact your professional advisor to discussthese matters in the context of your particular circumstances.  Neitherthe presenter nor CIBC Mellon accept responsibility for any loss or damageoccasioned by your reliance on information contained in this presentation. ©2025 CIBC Mellon. CIBC Mellon is alicensed user of the CIBC trade-mark and certain BNY trade-marks, and is thecorporate brand of CIBC Mellon Trust Company. None of CIBC Mellon TrustCompany, CIBC, The Bank of New York Mellon Corporation and their affiliatesmake any representations or warranties as to its accuracy, currency orcompleteness, makes any commitment to update any information.  No part ofthe presentation is an offer or solicitation in respect of any particularstrategy and may not be construed as such.  Services referred to may notbe offered in all jurisdictions nor by all companies.CIBC Mellon does not provide investment orasset management services. This presentation, either in whole or in part, mustnot be reproduced nor referred to without the express written permission ofCIBC Mellon. Trademarks, service marks and logos belong to their respectiveowners.

Digital Oil and Gas
From Brownfield to Greenfield to Bluefield

Digital Oil and Gas

Play Episode Listen Later Dec 10, 2025 39:06


Most large enterprises rely on a handful of expansive technology platform solutions to run their business, and the most prominent and widely deployed in oil and gas is SAP. As I've outlined in my books, enterprise solutions such as SAP are also migrating to digital technologies, which triggers a major question: what is the optimal upgrade path for an SAP customer, or any enterprise technology, to adopt? Broadly speaking, there are two strategies to this vexxing question: a brownfield migration or "lift and shift" and a greenfield re-implementation or "start afresh". The problem is that brownfield upgrades rarely deliver any ROI while greenfield is seen as too risky, costly, or complex to execut, especially at the global scale one encounters among the oil and gas majors. Is there a third path, where organizations can preserve their historical data, stay compliant, and still deliver tangible business outcomes? In this episode I speak with Don Mahoney,  Global Head of Products and Innovation at SNP Group about a new approach, coined 'bluefield'. Bluefield lets companies dial in just the right amount of transformation, one that preserves key data, avoids excessive risk, and achieves a positive ROI. I'm very interested in how Bluefield works, how it supports AI training strategies, when to use it, and why it's becoming an attractive model for SAP S/4HANA transitions, and indeed all major platform solution transformations. 

Talent Talk with Robert Walters
AI in Action: E1 The human advantage in Talent Acquisition

Talent Talk with Robert Walters

Play Episode Listen Later Dec 10, 2025 43:52


Welcome to the latest episode in the AI in Action mini-series, part of the 'Powering Potential' with Robert Walters podcast. Hosted by Tom Lakin, Global Head of Future of Work Advisory, and Faye Walshe, Director of Innovation, this episode explores how AI is reshaping talent acquisition.Tom and Faye are joined by Matt Hesketh, Head of Talent for the Middle East and UAE at HSBC, who shares his expertise on balancing automation with human connection in recruitment. Together, they discuss ethical AI use, improving candidate experiences, and leveraging data-driven insights to refine hiring strategies.Listen now to uncover how AI is transforming recruitment.

Talent Talk with Robert Walters
AI in Action: E2 AI in Action: E2 Ethical AI and the future of hiring

Talent Talk with Robert Walters

Play Episode Listen Later Dec 10, 2025 47:46


Welcome to the latest episode in the AI in Action mini-series, part of the ‘Powering Potential with Robert Walters' podcast. Hosted by Tom Lakin, Global Head of Future of Work Advisory, and Faye Walshe, Director of Innovation, this episode explores how ethical AI is reshaping recruitment and talent acquisition.Tom and Faye are joined by Martyn Redstone, a leading voice in ethical AI who dives into key topics like governance, bias mitigation, transparency, and the critical role of human expertise in an AI-powered future. Gain actionable insights to implement AI responsibly while fostering trust, compliance, and innovation within your organization.Listen now and discover how to implement AI responsibly.

In VOGUE: The 1990s
From Matthieu Blazy's Chanel Debut to “Protect the Dolls”: The Moments That Defined Fashion in 2025

In VOGUE: The 1990s

Play Episode Listen Later Dec 9, 2025 31:39


It's been an unprecedented year in fashion. 16 designers rebooted 15 labels in September causing one of the biggest shakeups in fashion history, Labubus took over the world, and Kendrick Lamar's Celine flared jeans stirred up the discourse.Today on the show, we invited Virginia Smith, Vogue's Global Head of Fashion Network, and Laia Garcia-Furtado, Senior Fashion News Editor at Vogue Runway, to break down all the biggest moments from a massive year in fashion.“Awar closing the Chanel show was my fashion moment of the year because it encapsulated so many great things,” Smith said. “It was really something I have not witnessed very many times in my very long career of attending shows.”Another major collection was Dario Vitale's debut at Versace. Vitale was our reader's 3rd favorite designer of the year, after Blazy at Chanel and Jonathan Anderson at Dior. “Immediately I saw the show and thought, “this is how I want to dress.” said Garcia-Furtado. “As soon as the show ended, I went on The RealReal and bought a pair of Versus jeans within minutes.”Plus, tune in to hear what our editors are looking forward to in 2026.The Run-Through with Vogue is your go-to podcast where fashion meets culture. Hosted by Chloe Malle, Head of Editorial Content, Vogue U.S.; Chioma Nnadi, Head of British Vogue; and Nicole Phelps, Director of Vogue Runway, each episode features the latest fashion news and exclusive designer and celebrity interviews. Learn about your ad choices: dovetail.prx.org/ad-choices

Artificial Intelligence in Industry with Daniel Faggella
Rethinking Clinical Trials with Faster AI-Driven Decision Making - with Shefali Kakar of Novartis

Artificial Intelligence in Industry with Daniel Faggella

Play Episode Listen Later Dec 9, 2025 20:39


Shefali Kakar, Global Head of PK Sciences and Oncology at Novartis, returns to the AI in Business podcast to discuss how AI is reshaping the earliest and most critical phases of drug development—where strategic investment decisions are made long before a clinical trial begins. Together with Emerj Editorial Director Matthew DeMello, Shefali explores how advanced modeling, in silico design, and patient data are creating a clearer picture of risk and return across R&D portfolios. She explains how pharmaceutical organizations are leveraging multi-factorial models to simulate safety, efficacy, and market potential—down to the molecular level. Want to share your AI adoption story with executive peers? Click emerj.com/expert2 for more information and to be a potential future guest on the 'AI in Business' podcast!

NOW of Work
Rewriting the Future of Talent Acquisition with Dominik Hahn, Allianz

NOW of Work

Play Episode Listen Later Dec 9, 2025 29:58


In this episode, we dive into the future of Talent Acquisition with AI at its core. Dominik Hahn, Global Head of Group Talent Acquisition at Allianz, joins Jason Averbook and Jess Von Bank to explore how organizations can responsibly harness AI to transform recruiting on a global scale. Tune in to hear insights on enhancing candidate experience while maintaining the human touch, building trust through ethical AI practices, and scaling recruitment technology across diverse regions and business lines. Don't miss this thoughtful conversation on the evolving landscape of recruitment in the age of AI.

The Treasury Career Corner
Automating FX Hedging And Applying AI In Treasury At Breitling

The Treasury Career Corner

Play Episode Listen Later Dec 9, 2025 33:02


What does it take to transform treasury into a strategic driver inside a global luxury brand? In this episode, Olivier Smekens, Global Head of Treasury at Breitling, shares how he's leveraging fintech, automation, and agile thinking to future-proof treasury operations - and what you can learn from his approach.With a career spanning consulting, automotive manufacturing, and high-growth private equity environments, Olivier brings a wealth of cross-industry experience. At Breitling, he's leading the digital transformation of treasury - automating FX hedging, preparing for IPO-readiness, and exploring the frontiers of AI in financial systems.Whether you're building a treasury function from the ground up or optimizing an established one, you'll walk away with practical insights on:Implementing automation to manage FX riskEvaluating next-gen treasury techSupporting rapid growth in a private equity settingThis conversation is a must-listen for treasury professionals ready to elevate their role as strategic enablers of growth.What We Cover in This Episode:Olivier's career path: from KPMG auditor to global treasury leaderTransitioning into treasury without prior experience - and thrivingKey treasury challenges in the automotive industry (FX risk, liquidity, decentralization)What it's like to lead treasury in a private equity-backed companyHow treasury supports high-growth initiatives at Breitling, including acquisitions and expansionImplementing FX hedge automation using KantoxPreparing for a TMS rollout: evaluating AI capabilities and tech providersThe role of NFTs and blockchain in Breitling's digital innovationEmbracing a tech-forward mindset to drive treasury efficiencyHow cross-cultural experience has shaped Olivier's leadership styleWhy soft skills and simplification are vital for board-level impactYou can connect with Olivier Smekens on LinkedIn. ---

Shiny New Object
Focusing on humans in the AI era - with Microsoft's Carly Morris

Shiny New Object

Play Episode Listen Later Dec 9, 2025 27:22


You can have the best tech and innovation, but are you creating for and connecting with humans? If all you rely on is AI, you'll eventually lose human connections and your marketing will fail, says Carly Morris, Global Head of Acquisition & Growth at Microsoft Advertising. She's picked "people centric leadership in an AI evolution" as her shiny new object and we talk about: understanding the data beyond surface level creating environments where people can be creative and thrive why brands who put people first will eventually have the upper hand. "Data can be a starting point, a way to fill in the gaps." Learn more on the full episode. 

Alt Goes Mainstream
ING's Anneka Treon and Johan Kloeze - lessons learned from building a private markets platform for private wealth clients in Europe

Alt Goes Mainstream

Play Episode Listen Later Dec 9, 2025 47:29


Welcome back to the Alt Goes Mainstream podcast.Today's episode was filmed at ING's HQ in Amsterdam, right after ING held its Private Markets Day. The firm has been actively building out its private markets capabilities to serve its private wealth clients so it was a treat to interview two of the people responsible for running ING's wealth management and private markets practice.We sat down with Anneka Treon, ING's Global Head of Private Banking, Wealth Management & Investments, and Johan Kloeze, Head of Private Banking & Wealth Management Netherlands, to discuss ING's big ambitions in private markets.ING, which manages over €260B of invested assets across 5 million clients, has made a major push into private markets. Led by Anneka and Johan, the firm has built out a Private Markets business that has grown AUM in three years since its launch. ING has partnered with established alternative asset managers to create one of the largest evergreen fund platforms in European wealth management.Anneka, Johan, and I had a fascinating discussion about wealth management, how to bring private markets to advisors and clients, and how to educate the wealth channel about private markets. We covered:What Anneka means by “fast money versus slow money.”Why it's important for advisors to bring private markets “to the kitchen table.”How to transform savers into investors — and why that matters.Why focus on private markets.The challenges with building a private markets business.Figuring out how to partner with alternative asset managers.How and why ING has focused on curation when building its private markets platform.The benefits and challenges of evergreen funds.Thanks Anneka and Johan for sharing your wisdom and expertise at the intersection of private markets and private wealth.Show Notes00:00 Message from our Sponsor, Ultimus01:43 Welcome to the Alt Goes Mainstream Podcast01:57 Introduction to Johan Kloeze and Anneka Treon03:19 Guest Welcome and Backgrounds04:05 Johan's Journey at ING05:07 Anneka's Background and Ambitions06:58 The Importance of Private Markets07:56 Wealth Creation and Preservation08:25 Building the Private Markets Business14:55 Educational Approach to Private Markets16:19 Making Private Markets Human20:54 Curating the Right Managers23:02 Slow Money vs Fast Money24:07 The Bookcase Analogy24:21 Cash Flow Dynamics24:27 The Importance of a Stable Financial Foundation24:53 The Role of Quality Managers in Investment25:16 Motivations Behind Public vs. Private Markets26:13 Educating Younger Clients on Slow Money28:04 The Role of ING in Providing Diverse Investment Options28:47 Challenges in Building a Private Markets Platform29:46 The Success of Evergreen Vehicles31:25 Anneka's Perspective on ING's Private Markets Strategy32:18 Humanizing Private Markets32:54 Opportunities in the ELTIF Space34:24 Educating Clients on Private Markets36:29 The Future of ING's Private Markets Platform37:43 Balancing Digital and Human Approaches38:49 The Importance of Simplifying Investment Concepts38:57 The Role of Liquidity in Private Markets39:53 Lessons Learned in Building an Investment Platform41:38 The Entrepreneurial Spirit of ING's Clients42:46 The Need for Harmonization in Private Markets44:36 The Growth Roadmap for ING's Private Markets45:07 The Future of Private Markets InvestmentsEditing and post-production work for this episode was provided by The Podcast Consultant.A word from AGM podcast sponsor, Ultimus Fund SolutionsThis episode of Alt Goes Mainstream is brought to you by Ultimus Fund Solutions, a leading full-service fund administrator for asset managers in private and public markets. As private markets continue to move into the mainstream, the industry requires infrastructure solutions that help funds and investors keep pace. In an increasingly sophisticated financial marketplace, investment managers must navigate a growing array of challenges: elaborate fund structures, specialized strategies, evolving compliance requirements, a growing need for sophisticated reporting, and intensifying demands for transparency.To assist with these challenging opportunities, more and more fund sponsors and asset managers are turning to Ultimus, a leading service provider that blends high tech and high touch in unique and customized fund administration and middle office solutions for a diverse and growing universe of over 450 clients and 1,800 funds, representing $500 billion assets under administration, all handled by a team of over 1,000 professionals. Ultimus offers a wide range of capabilities across registered funds, private funds and public plans, as well as outsourced middle office services. Delivering operational excellence, Ultimus helps firms manage the ever-changing regulatory environment while meeting the needs of their institutional and retail investors. Ultimus provides comprehensive operational support and fund governance services to help managers successfully launch retail alternative products.Visit www.ultimusfundsolutions.com to learn more about Ultimus' technology enhanced services and solutions or contact Ultimus Executive Vice President of Business Development Gary Harris on email at gharris@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.

The Wall Street Skinny
The Math of Predicting (and Profiting from) the Future: from Cat Bonds to Hedge Funds | Sarah Kapnick, Head of Climate Advisory at J.P. Morgan

The Wall Street Skinny

Play Episode Listen Later Dec 8, 2025 75:25


Send us a textSarah Kapnick literally trained under John Nash at Princeton, went from structuring catastrophe bonds at Goldman during Hurricane Katrina, to serving as Chief Scientist at NOAA, and is now Global Head of Climate Advisory at JPMorgan. She's part mathematician, part climate scientist, part Wall Street insider – and the godmother of The Wall Street Skinny, the person who first convinced Jen to go into finance. This interview has been two and a half years in the making, and it's easily one of the most full-circle, “how is this one person real?” conversations we've ever had.We get into the math of predicting the future: how fluid dynamics and game theory show up in Black-Scholes, what “1-in-100 year events” actually mean over a 30-year mortgage, and why climate risk isn't a political side quest but a massive driver of returns, insurance pricing, and portfolio construction. Sarah explains cat bonds in plain English, walks through physical vs. transition risk, and connects wildfires, hurricanes, nuclear, fusion, and geothermal to the way capital is being allocated right now. If you care about making or losing money over the next few decades, this is not optional listening.We also talk mentorship, careers, and what it looks like to build a non-linear, insanely high-impact path across science, government, and Wall Street while raising a young family. Sarah shares how she decides when to leave a prestigious job, what she tells the next generation of math and science nerds curious about finance, and how she translates hardcore climate science for CEOs, investors, and ultra-high-net-worth clients. Even if you think “climate isn't for me,” this episode will change how you think about risk, opportunity, and the future.Learn more about 9fin HERE Shop our Self Paced Courses: Investment Banking & Private Equity Fundamentals HEREFixed Income Sales & Trading HERE Wealthfront.com/wss. This is a paid endorsement for Wealthfront. May not reflect others' experiences. Similar outcomes not guaranteed. Wealthfront Brokerage is not a bank. Rate subject to change. Promo terms apply. If eligible for the boosted rate of 4.15% offered in connection with this promo, the boosted rate is also subject to change if base rate decreases during the 3 month promo period.The Cash Account, which is not a deposit account, is offered by Wealthfront Brokerage LLC ("Wealthfront Brokerage"), Member FINRA/SIPC. Wealthfront Brokerage is not a bank. The Annual Percentage Yield ("APY") on cash deposits as of 11/7/25, is representative, requires no minimum, and may change at any time. The APY reflects the weighted average of deposit balances at participating Program Banks, which are not allocated equally. Wealthfront Brokerage sweeps cash balances to Program Banks, where they earn the variable APY. Sources HERE.

Podzept - with Deutsche Bank Research
Let's talk thEMes - 2026 Outlook: Get Involved

Podzept - with Deutsche Bank Research

Play Episode Listen Later Dec 8, 2025


In the first episode of this new series ‘Let's talk thEMes', Deutsche Bank's Emerging Markets research team discusses key themes facing EM in 2026 – combining top-down views on the asset class with a bottom up look at various EM geographies around the world. After delivering close to what has been among the best annual performance since GFC, we argue for why EM has more room to go.Featuring:Sameer Goel, Global Head of Emerging Markets and APAC ResearchChristian Wietoska, Head of CEEMEA & LatAm ResearchOliver Harvey, Head of CEEMEA & LatAm Currency ResearchDanelee Masia, Chief Economist, CEEMEAFrancisco Campos, Chief Economist, Latin AmericaPerry Kojodjojo, Senior Asian Macro Strategist

New England Broadcasting
12/8/25 Three Annoying Things

New England Broadcasting

Play Episode Listen Later Dec 8, 2025 28:28


Ron takes an important look at fork split english muffins, juicy fish, and the Epstein files..... Guest: Savannah Badalich is Global Head of Policy at Discord

Generazione Mobile
Studiare nelle Università dell'Ivy League USA

Generazione Mobile

Play Episode Listen Later Dec 6, 2025


Trecentocinquantanovesima puntata della trasmissione "Generazioni Mobili" di Radio 24, il primo "passaporto radiofonico valido per l'espatrio".ON AIR: su Radio 24 tutti i sabati dalle 14 alle 14.15, in versione "Express"IN PODCAST: sulle piattaforme di Radio 24 / Spotify / Apple Music / Amazon Music... e tante altre, in versione "Extralarge"In questa puntata:- Francesca Barbieri, giornalista de "Il Sole 24 Ore", torna a segnalarci le più recenti opportunità di formazione e lavoro all'estero, all'interno della rubrica Toolbox;- Marco Mendola, studente 23enne di un Master in Financial Mathematics a Yale, ci spiega come approdare negli Stati Uniti per studiare ad alto livello negli atenei della Ivy League americana - ospite in onda Niccolò Carassai, Global Head of Mentoring dell'associazione United Italian Societies;- Eures Italia ci aggiorna sulle prossime opportunità e selezioni per lavorare in Europa;- nella rubrica "Expats Social Club" nuovo appuntamento con i consigli pratici dell'Associazione delle Camere di Commercio Italiane all'Estero, con la quale andiamo ad esplorare le opportunità di fare impresa a livello globale. Oggi facciamo tappa in Danimarca, insieme a Chiara Dell'Oro Nielsen, segretario generale di Danitacom.CONNETTITI CON "GENERAZIONI MOBILI"Studiate/lavorate/siete imprenditori all'estero? Siete junior o senior? Avete una storia da raccontare e consigli preziosi da dare per cogliere opportunità oltreconfine, sfruttando le occasioni di mobilità internazionale? Scrivete a: generazionimobili@radio24.itOppure, avete domande da porre su come studiare/fare stage/lavorare/avviare start-up all'estero? Inviatele a: generazionimobili@radio24.itInfine, avete un sito/blog all'estero, nel quale fornite consigli pratici su come trasferirsi nel vostro attuale Paese di residenza? O avete scritto un libro su questo tema? Segnalateci tutto, sempre a: generazionimobili@radio24.it

DeFi Decoded
Deep Dive on the Past, Present and Future of Crypto ETFs with Federico Brokate of 21shares

DeFi Decoded

Play Episode Listen Later Dec 4, 2025 37:43


Join Alex Tapscott and Andrew Young as they decode the world of crypto with special guest Federico Brokate, Global Head of Business Development at 21Shares. Listen in as they discuss the rapid rise of Bitcoin ETFs from IBIT's record-breaking launch to today's shifting mix of retail and institutional holders, the tension and interplay between DATs and ETFs as vehicles for crypto exposure, how new SEC generic listing standards have opened the door to products on Solana, Ethereum, XRP, Doge and even staked assets, the case for index and basket strategies such as top-10 ex-Bitcoin products and future active and factor-based crypto ETFs, why this cycle's "Bitcoin up, everything else lagging" dynamic is reshaping how investors think about diversification and power-law outcomes in digital assets, and how jurisdictions from Brazil and South Korea to Saudi Arabia are building regulated ETF frameworks that could broaden global access to the asset class.

Standard Chartered Money Insights
InvesTips: Carbon markets – Fluff or a concrete opportunity?

Standard Chartered Money Insights

Play Episode Listen Later Dec 4, 2025 16:10


In this episode, Steve speaks to Eugenia Koh, Standard Chartered's Global Head of Sustainable Finance, and Standard Chartered's Lucy Palairet, Director, Carbon Markets Development, about the rapidly growing carbon markets. They speak about the fundamentals of how they work, the role of project-based carbon markets, and why investors may want to consider these opportunities. Read the accompanying report https://av.sc.com/corp-en/nr/content/docs/wm-thematic-report-carbon-markets-fluff-or-a-concrete-opportunity-27-november-2025.pdf to find out more.Speakers: - Steve Brice, Global Chief Investment Officer, Standard Chartered Bank - Eugenia Koh, Global Head of Sustainable Finance, Standard Chartered Bank- Lucy Palairet, Director, Carbon Markets Development, Standard Chartered Bank

Sunny Side Up
Ep. 576 | How continuous brand building powers ABX success

Sunny Side Up

Play Episode Listen Later Dec 4, 2025 46:18


In this episode of OnBase, host Paul Gibson sits down with Soumyajit Dey for a deep dive into why continuous brand building outperforms one-off campaigns every time, and how ABX becomes truly powerful only when rooted in purpose, consistency, and relevance.Soumyajit shares his journey from early days in experimental digital marketing to leading global campaigns at ThoughtWorks, where he merges brand strategy with buying-group intelligence to drive sustained account growth. He explains why brand versus demand is the wrong debate, why ABX should be an experience, not a tactic, and how companies can orchestrate connected outreach that resonates emotionally and commercially.From the importance of purpose-led storytelling, to measuring brand influence, to navigating AI and evolving buyer behavior, this episode is a masterclass in modern B2B marketing that actually works.Key TakeawaysBrand and demand shouldn't compete, they should connectSoumyajit argues that ABX succeeds when it amplifies a strong brand narrative. Disconnected efforts create drop-off; integrated storytelling builds trust that sustains long-term growth.ABX is an experience, not a pipeline hackEffective ABX expands reach inside accounts, engages the full buying group, and nurtures trust over time. It's a long-term motion, not a magic wand for instant deals.The tech stack makes or breaks digital ABXIntegrating engagement scoring, intent, and outreach into a unified ecosystem creates the intelligence needed for relevance and personalization at scale. At ThoughtWorks, this has driven an 18–23% increase in reach.Purpose-driven brands outperformBuyers, especially millennials and Gen Z, make decisions based on values like transparency, ethics, and inclusion. Purpose creates memorability and long-term loyalty.Sustained brand building warms the ground for ABXWhen a brand shows up consistently through content, social proof, thought leadership, and human storytelling, ABX campaigns land on receptive audiences, not cold inboxes.AI orchestration and buying-group intelligence are the futureAgentic AI, buying-group-level insights, and responsible use of automation will redefine how teams run always-on ABX and brand plays.Quotes“Brand creates receptivity. ABX activates relevance. Together, they expand your circle of influence.”Resource recommendationsPodcasts:B2B Marketing and More with Pam DidnerBooks:ABM is B2B: Why B2B marketing and sales is broken and how to fix it — by Sangram Vajre & Eric SpettAbout the GuestSoumyajit Dey is a digital first marketing and communications leader with 20 plus years of experience at the intersection of marketing, technology and communication. Currently, he serves as the Global Head of Digital Campaign Delivery and AI for marketing Lead at Thoughtworks. He has worked with multiple global tech organizations in various capacity and is equally at home with campaign delivery, execution and executive strategy. Soumyajit is passionate about building future ready functions and teams that blend in creativity, automation and measurable performance.⁠Connect with Soumyajit⁠.

LGIM Talks
388: Private credit perspectives from Blackstone and L&G

LGIM Talks

Play Episode Listen Later Dec 4, 2025 31:03


In this special episode, we discuss our partnership with Blackstone, the world's largest alternative asset manager. We also offer an overview of private credit and look at the role the asset class could play alongside public credit within investor portfolios. Our speakers are Jo McCaffrey, Chief Strategy and Product Officer, Asset Management, L&G; and Brad Marshall, Global Head of Private Credit Strategies at Blackstone. Other topics covered include: ·        The reasons behind the rapid growth of private credit ·        Key investor considerations around the asset class, in particular for the UK Wealth market ·        Blackstone's approach to underwriting investments to mitigate risk The podcast was recorded on 30 October and was moderated by Max Julius, Head of Content, Asset Management, L&G. Source for comments on private credit's history of strong performance: "Leveraged Loans” as represented by Morningstar LSTA U.S. Leveraged Loan Index. “Private Credit” as represented by Cliffwater Direct Lending Indexfrom September 30, 2005 through June 30, 2025, which is latest publicly available data. Total return reflects the sum of annualised income return, annualised realised gain / loss and annualised unrealized gain / loss during the period.  For professional investors only. Capital at risk.

Thoughts on the Market
Investors' Top Questions for 2026

Thoughts on the Market

Play Episode Listen Later Dec 3, 2025 10:14


Our Global Head of Fixed Income Research and Public Policy Strategy Michael Zezas and Chief Global Cross-Asset Strategist Serena Tang address themes that are key for markets next year.Read more insights from Morgan Stanley.----- Transcript -----Michael Zezas: Welcome to Thoughts on the Market. I'm Michael Zezas, Global Head of Fixed Income Research and Public Policy Strategy.Serena Tang: And I'm Serena Tang, Morgan Stanley's Chief Global Cross-Asset Strategist.Michael Zezas: Today we'll be talking about key investor debates coming out of our year ahead outlook.It's Wednesday, December 3rd at 10:30am in New York. So, Serena, it was a couple weeks ago that you led the publication of our cross-asset outlook for 2026. And so, you've been engaging with clients over the past few weeks about our views – where they differ. And it seems there's some common themes, really common questions that come up that represent some important debates within the market. Is that fair?Serena Tang: Yeah, that's very fair. And, by the way, I think those important debates, are from investors globally. So, you have investors in Europe, Asia, Australia, North America, all kind of wanting to understand our views on AI, on equity valuations, on the dollar.Michael Zezas: So, let's start with talking about equity markets a bit. And one of the common questions – and I get it too, even though I don't cover equity markets – is really about how AI is affecting valuations. One of the concerns is that the stock market might be too high, might be overvalued because people have overinvested in anything related to AI. What does the evidence say? How are you addressing that question? Serena Tang: It is interesting you say that because I think when investors talk about equities being too high, of valuations – AI related valuations being very stretched, it's very much about parallels to that 1990s valuation bubble.But the way I approach it is like there are some very important differences from that time period, from valuations back then. First of all, I think companies in major equity indices are higher quality than the past. They operate more efficiently. They deliver strong profitability, and in general pretty solid free cash flow.I think we also need to consider how technology now represents a larger share of the index, which has helped push overall net margins to about 14 percent compared to 8 percent during that 1990s valuation bubble. And you know, when margins are higher, I think paying premium for stocks is more justified.In other words, I think multiples in the U.S. right now look more reasonable after adjusting for profit margins and changes in index composition. But we also have to consider, and this is something that we stress in our outlook, the policy backdrop is unusually favorable, right? Like you have economists expecting the Fed to continue easing rates into next year. We have the One Big Beautiful Bill Act that could lower corporate taxes, and deregulation is continuing to be a priority in the U.S. And I think this combination, you know, monetary easing, fiscal stimulus, deregulation. That combination rarely occurs outside of a recession. And I think this creates an environment that supports valuation, which is by the way why we recommend an overweight position in U.S. equities, even if absolute and relative valuation look elevated.Michael Zezas: Got it. So, if I'm hearing you right, what I think you're saying is that comparisons to some bubbles of the past don't necessarily stack up because profitability is better. There aren't excesses in the system. Monetary policy might be on the path that's more accommodative. And so, when compared against all of that, the valuations actually don't look that bad.Serena Tang: Exactly.Michael Zezas: Got it. And sticking with the equity markets, then another common question is – it's related to AI, but it's sort of around this idea that a small set of companies have really been driving most of the growth in the market recently. And it would be better or healthier if the equity market were to perform across a wider set of companies and names, particularly in mid- and small cap companies. Is that something that we see on the horizon?Serena Tang: Yes. We are expecting U.S. stock earnings to sort of broaden out here and it's one of the reasons why our U.S. equity strategy team has upgraded small caps and now prefer it over large caps. And I think like all of this – it comes from the fact that we are in a new bull market. I think we have a very early cycle earnings recovery here. I mean, as discussed before, the macro environment is supportive. And Fed rate cuts over the next 12 months, growth positive tax and regulatory policies, they don't just support valuations. They also act as a tailwind to earnings.And I think like on top of that, leaner cost structures, improving earnings revisions, AI driven efficiency gains. They all support a broad-based earnings upturn. and our U.S. equity strategy team do see above consensus 2026 earnings growth at 17 percent. The only other region where we have earnings growth above consensus in 2026 is Japan; for both Europe and the EM we are below, which drive out equal weight and slight underweight position in those two indices respectively.Michael Zezas: Got it. And so, since we can't seem to get away from talking about AI and how it's influencing markets, the other common question we get here is around debt issuance related to AI.So, our colleagues put together a report from earlier this year talking about the potential for nearly $3 trillion of AI related CapEx spending over the next few years. And we think about half of that is going to have to be debt financed. That seems to be a lot of debt, a lot of potential bonds that might be issued into the market – which, are credit investors supposed to be concerned about that?Serena Tang: We really can't get away from AI as a topic. And I think this will continue because AI-related CapEx is a long-term trend, with much of the CapEx still really ahead. And I think this goes to your question. Because this really means that we expect nearly another [$]3 trillion of data center related CapEx from here to 2028. You know, while half of the spend will come from operating cash flows of hyperscalers, it still leaves a financing gap of around [$]1.5 trillion, which needs to be sourced through various credit channels.Now, part of it will be via private credit, part of it would be via Asset Backed Securities. But some of it would also be via the U.S. investment grade corporate credit bond space. So, add in financing for faster M&A cycle, we forecast around [$]1 trillion in net investment grade bond issuance, you know, up 60 percent from this year.And I think given this technical backdrop, even though credit fundamentals should stay fine, we have doubled downgraded U.S. investment grade corporate credit to underweight within our cross asset allocation.Michael Zezas: Okay, so the fundamentals are fine, but it's just a lot of debt to consume over the next year. And so somewhat strangely, you might expect high yield corporate bonds actually do better.Serena Tang: Yes, because I think a high yield doesn't really see the same headwind from the technical side of things. And on the fundamentals front, our credit team actually has default rates coming down over the next 12 months, which again, I think supports high yield much better than investment grade.Michael Zezas: So, before we wrap up, moving away from the equity markets, let's talk about foreign exchange. The U.S. dollar spent much of last year weakening, and that's a call that our team was early to – eventually became a consensus call. It was premised on the idea that the U.S. was going to experience growth weakness, that there would also be these questions among investors about the role of the dollar in the world as the U.S. was raising trade barriers. It seemed to work out pretty well. Going into 2026 though, I think there's some more questions amongst our investors about whether or not that trend could continue. Where do we land?Serena Tang: I think in the first half of next year that downward pressure on the dollar should still persist. And you know, as you said, we've had a very differentiated view for most of this year, expecting the dollar to weaken in the first half versus G10 currencies. And several things drive this. There is a potential for higher dollar negative risk premium, driven by, I think, near term worries about the U.S. labor markets in the short term. And as investors, I think, debate the likely composition of the FOMC next year. Also, you know, compression in U.S. versus rest of the world. Rate differentials should reduce FX hedging costs, which also adds incentive for hedging activity and dollar selling. All this means that we see downward pressure on the dollar persisting in the first half of next year with EUR/USD at 123 and USD/JPY at 140 by the end of first half 2026.Michael Zezas: All right. Well, that's a pretty good survey about what clients care about and what our view is. So, Serena, thanks for taking the time to talk with me today.Serena Tang: And thank you for inviting me to the show today.Michael Zezas: And to our audience, thanks for listening. If you enjoy Thoughts on the Market, please leave us a review and share the podcast. We want everyone to listen.

Work.
Transform Work with Steve Chase, Global Head of AI and Digital Innovation at KPMG

Work.

Play Episode Listen Later Dec 3, 2025 55:03


In this episode of Transform Work, John Winsor talks with Steve Chase, Global Head of AI and Digital Innovation at KPMG. Steve has spent more than twenty years leading major technology and business transformations, and today he is driving KPMG's global effort to scale responsible, high-impact AI across industries and internal teams.John and Steve discuss what it takes for organizations to move from experimentation to real enterprise adoption. They explore how trust, governance, and strong operating models can turn AI ambition into measurable results.

Leaders Sport Business Podcast
Around the world with IMG: a region-by-region guide - episode 3: EMEA

Leaders Sport Business Podcast

Play Episode Listen Later Dec 3, 2025 50:49


IMG's VP and Co-Head of Multisport Content Sally Brown is in the Leaders studio, alongside David Cushnan, for the final part of the series that examines how to do business around the global sports industry.With a focus on EMEA - a region of established sports markets and fast-growing emerging territories - Brown explains how IMG's suite of production offerings are helping grow sports across the region, including Euroleague Basketball and the Esports World Cup.Chris Guinness, EVP and Global Head of Commercial, and Roland Nikolaou, VP of Football in MENA bring two more IMG perspectives, to discuss media consolidation and its impact on rights and production across European markets; football fan culture in Saudi Arabia and across the Middle East; and advice for sports organisations looking to be more active in the MENA region.

Squawk on the Street
SOTS 2nd Hour: Navigating Crypto, 2026 Commodity Picks, & The AI Arms Race (Apple, Amazon, & OpenAI news) 12/2/25

Squawk on the Street

Play Episode Listen Later Dec 2, 2025 42:27


Carl Quintanilla, Sara Eisen, and Michael Santoli kicked off the hour with a check on how the consumer's held up this holiday season according to alternative data sources and earnings reports - before breaking down what it all means for stocks with Truist Wealth's Chief Investment Officer. Plus: is the Bitcoin bottom in? Or is there more pain to come - the CEO of crypto trading platform Bullish gave his take on the action... before the team turned to gold with TD's Global Head of Commodity Strategy, who argues there's better bets for the new year elsewhere.  Also in focus: Apple's AI shake-up, OpenAI's "Code Red", and Amazon's new AWS plans... The team discussed all 3 headlines, and what it means for shares alongside the broader markets. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Clause 8
Novartis' Global Head of IP Affairs on How Patent Eligibility Mess Threatens Life-Saving Innovation & Why He Remains Optimistic

Clause 8

Play Episode Listen Later Dec 2, 2025 70:19


Corey Salsberg, one of the leading voices on intellectual property policy in the United States, joins Clause 8 to discuss surviving the anti-pharma activism of the last administration, why he's encouraged by the current administration's approach to patent policy, and even the scientific possibility of “resurrecting the woolly mammoth.”As Global Head of IP at Novartis, Salsberg has a unique vantage point on how legal uncertainty affects the future of healthcare innovations. His work testifying before Congress has placed him at the center of the debate over the Supreme Court's Mayo, Myriad, and Alice decisions — rulings that he thinks have been followed by years of instability around Section 101, threatening investment in critical biotech and diagnostic breakthroughs.The conversation explores the political landscape surrounding the Patent Eligibility Restoration Act (PERA), the persistence of myths like “patent thickets,” and the consequences of letting misinformation shape innovation policy. It also highlights what Congress can do to prevent the U.S. from falling behind in the race for gene and AI-driven therapeutics.Ultimately, Salsberg's perspective underscores how constructive, good-faith dialogue across industries remains essential to safeguarding innovation.

Artificial Intelligence in Industry with Daniel Faggella
"Waking Up" Data in Clinical Workflows with AI - with Mathew Paruthickal of Sanofi

Artificial Intelligence in Industry with Daniel Faggella

Play Episode Listen Later Dec 2, 2025 18:13


Today's guest is Mathew Paruthickal, Global Head of Data Architecture, Utilization, and AI Engineering at Sanofi. Founded in 1973, Sanofi is a French multinational pharmaceutical and healthcare company. Sanofi works in the research, development, and manufacturing of pharmaceuticals and vaccines. Mathew joins Emerj Editorial Director Matthew DeMello to explore how life sciences organisations can move from isolated digital tools to orchestrated, interoperable systems and how engineering teams can bake in traceability, auditability, and human-in-the-loop governance from day one. Want to share your AI adoption story with executive peers? Click emerj.com/expert2 for more information and to be a potential future guest on the 'AI in Business' podcast!

The Bitcoin Frontier
Self-custody rights are property rights Seth Hertlein | The Last Free Americans

The Bitcoin Frontier

Play Episode Listen Later Dec 2, 2025 109:53


Seth Hertlein is the Global Head of Policy at Ledger and one of the earliest, most persistent advocates for bitcoin self-custody in Washington. Known for his “lone ranger” years as the only lobbyist focused on protecting non-custodial rights, he brings a rare combination of securities law expertise, political insight, and deep conviction about individual property rights. In this episode, Seth joins The Last Free Americans to share how he fell down the bitcoin rabbit hole, why self-custody is a return to humanity's oldest property norms, and how today's policy battles will define digital freedom for generations. We dig into the evolution of financial intermediaries, the history of natural rights from Aristotle to the framers, and the real political forces lining up for and against self-custody.SUPPORT THE PODCAST:→ Subscribe → Leave a review → Share the show with your friends and family → Send us an email: podcast@unchained.com→ Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=social&utm_campaign=podcast → Book a free call with a bitcoin expert: https://unchained.com/consultation?utm_source=youtube&utm_medium=social&utm_campaign=podcastTIMESTAMPS:0:00 – Intro to The Last Free Americans & Seth's unique role in policy2:20 – How a securities regulator became an “accidental crypto lobbyist”5:03 – Early bitcoin reading, monetary policy, and recognizing its political nature7:43 – The aha moment of self-custody: from Ledger device to first withdrawal12:58 – Ownership vs. possession: how financial markets drifted into full intermediation16:40 – Why self-custody is not new: property as a natural human right22:45 – How centralization overtook markets: certificates, DTCC, and efficiency tradeoffs27:58 – 2021: the year Washington and the industry “woke up” to each other33:10 – Keep Your Coins Act, Canadian truckers, and why lawful peer-to-peer matters38:40 – Property rights, natural law, and the framers' blind spots on privacy45:55 – Executive Order 6102, takings law, and lessons for bitcoin52:03 – How the Bank Secrecy Act and third-party doctrine became digital surveillance59:42 – The three camps opposing self-custody: nats-ec hawks, socialists, and bureaucracies1:05:40 – The IRS broker rule, CRA repeal, and precedents for stopping overreach1:11:22 – House vs. Senate language: what “retain the right” really means1:17:14 – Odds of passage in 2024 and why Senate floor time is everything1:22:44 – The global landscape: why America is still the last best hope1:27:50 – What comes next: privacy as the next digital freedom frontier1:32:10 – Closing thoughts on restoring founding principles through BitcoinWHERE TO FOLLOW US: → Unchained X: https://x.com/unchained  → Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom  → Unchained Newsletter: https://unchained.com/newsletter → Joe Kelly's Twitter: https://x.com/josephkelly  → Seth Hertlein's Twitter: https://x.com/SethHertlein  

Storybeat with Steve Cuden
Pia Mailhot-Leichter, Creative Partner-Author-Coach-Entrepreneur, #375

Storybeat with Steve Cuden

Play Episode Listen Later Dec 2, 2025 65:00 Transcription Available


Pia Mailhot-Leichter is a creative partner, published author, certified coach, and entrepreneur. Her path has been anything but ordinary: a recovering nomad, she's reported as a journalist in Sri Lanka, graduated summa cum laude from NYU, and worked as an award-winning creative director for some of the biggest brands in the world. Now, as the founder of Kollektiv Studio, through creative partnership, from storytelling to coaching, Pia is uniquely positioned to co-create wild visions and ventures.Kollektiv Studio works with founders, leaders, and creatives with a rebellious spirit and visionary tendencies. As Pia puts it, "The outcome isn't just what you create—it's who you become in the process."She recently published Welcome to the Creative Club, a book that challenges everything people thought they knew about creativity. Praised by Google's Global Head of Creative & Innovation as "life-changing," and by iconic fashion designer Betsey Johnson as "a wild ride," this part-memoir, part-guide invites readers to make life their biggest art project and reclaim their creative power.I've read Welcome to the Creative Club and as a lifelong creator myself, I found it to be eye-opening in how Pia cuts straight to the heart of overcoming the stumbling blocks that most creatives encounter. If you're looking to supercharge your creativity, I highly recommend Welcome to the Creative Club to you.

The Fiftyfaces Podcast
Episode 337: Jo Natauri of Invidia Capital: On Efficiency and Executive Talent - Unlocking Value in Mid-Market Healthcare

The Fiftyfaces Podcast

Play Episode Listen Later Dec 2, 2025 26:34


Jo Natauri is Founder and managing Partner of Invidia Capital Management, a healthcare focused private equity firm founded in 2024, with a focus on middle-market buyouts in North America. She was formerly Global Head of Healthcare Investing in the Merchant Banking Division of Goldman Sachs.We start by discussing Jo's path to investment banking and how she chose the business side of healthcare over policy. We discuss her long period of apprenticeship and then leading investments while at Goldman Sachs and her decision to strike out in her own firm. Jo explains the diversity within healthcare, from biotech to hospitals, and the permanent base of demand that makes it a good sector to invest in.  She discusses her core beliefs, including avoiding investments that increase drug prices or target vulnerable populations, and discusses the opportunity set that excites her in the middle market arena. When it comes to mentors Jo has had some legendary investors within her circle and cites the apprentice nature of the investment business as a key aspect to be remembered and observed across the seniority spectrum. Series 5 of 2025 is kindly sponsored by Diamond Hill. Diamond Hill invests on behalf of clients through a shared commitment to its valuation-driven investment principles, long-term perspective, capacity discipline and client alignment. An independent active asset manager with significant employee ownership, Diamond Hill's investment strategies include differentiated US and non-US equity, alternative long-short equity and fixed income.

TreasuryCast
Making Tokenised Payments a Treasury Reality

TreasuryCast

Play Episode Listen Later Dec 2, 2025 22:59


The opportunities and potential for tokenisation to support global liquidity management alongside traditional payments are there for the taking. Lewis Sun, Global Head of Domestic and Emerging Payments, Global Payments Solutions, HSBC, talks to TMI about the options for treasurers.

HFS PODCASTS
Unfiltered Stories | The AI-First Revolution: Redefining GBS for the Future with EdgeVerve

HFS PODCASTS

Play Episode Listen Later Dec 2, 2025 15:17


GBS is moving from a cost-center to a growth-engine.AI-first models and platforms are rewiring enterprise operations. In this Unfiltered Stories episode, Ashwin Venkatesan, Executive Research Leader at HFS Research, sits down with Saurabh Gupta, President at HFS Research, and Shashidhar N, VP & Global Head of Platforms at EdgeVerve, to discuss what next-gen GBS really looks like—beyond slideware. What you'll learn:From “shared services” to “Generative Business Services” — AI-led, data-driven, value-obsessed.AI-first delivery = beyond productivity — shift from cost saves to revenue, speed, and innovation.What's blocking progress — silos plus technical, data, and cultural debt (and how leaders break them).Why platforms matter — unifying people, process, data, and tech for scalable, AI-powered ops.The GBS of tomorrow — AI-first by design, built for agility, collaboration, and continuous value.Also, check the companion HFS report: “Your GBS model is outdated: Fix it, or risk falling behind in the AI economy”, here: https://www.hfsresearch.com/research/your-gbs-model-is-outdated-fix-it-or-risk-falling-behind-in-the-ai-economy/

Beyond the Benchmark by EFG
EP 131: The art of wealth planning with Evgenia Goti

Beyond the Benchmark by EFG

Play Episode Listen Later Dec 2, 2025 25:29


Evgenia Goti, Global Head of Wealth Planning at EFG joins Moz to shed light on both the technical and human considerations of structuring family wealth across generations. As the great wealth transfer gathers pace, she explains how families can preserve cohesion and avoid common pitfalls while building legacies.Our host, Moz Afzal:https://bit.ly/31XbkTROur guest:Evgenia Gotihttps://bit.ly/4pdITu9EFGAM:https://www.newcapital.com/Important disclaimersThe value of investments and the income derived from them can fall as well as rise, and past performance is no indicator of future performance. Investment products may be subject to investment risks involving, but not limited to, possible loss of all or part of the principal invested. This document does not constitute and shall not be construed as a prospectus, advertisement, public offering or placement of, nor a recommendation to buy, sell, hold or solicit, any investment, security, other financial instrument or other product or service. It is not intended to be a final representation of the terms and conditions of any investment, security, other financial instrument or other product or service. This document is for general information only and is not intended as investment advice or any other specific recommendation as to any particular course of action or inaction. The information in this document does not take into account the specific investment objectives, financial situation or particular needs of the recipient. You should seek your own professional advice suitable to your particular circumstances prior to making any investment or if you are in doubt as to the information in this document.Although information in this document has been obtained from sources believed to be reliable, no member of the EFG group represents or warrants its accuracy, and such information may be incomplete or condensed. Any opinions in this document are subject to change without notice. This document may contain personal opinions which do not necessarily reflect the position of any member of the EFG group. To the fullest extent permissible by law, no member of the EFG group shall be responsible for the consequences of any errors or omissions herein, or reliance upon any opinion or statement contained herein, and each member of the EFG group expressly disclaims any liability, including (without limitation) liability for incidental or consequential damages, arising from the same or resulting from any action or inaction on the part of the recipient in reliance on this document.The availability of this document in any jurisdiction or country may be contrary to local law or regulation and persons who come into possession of this document should inform themselves of and observe any restrictions. This document may not be reproduced, disclosed or distributed (in whole or in part) to any other person without prior written permission from an authorised member of the EFG group.This document has been produced by EFG Asset Management (UK) Limited for use by the EFG group and the worldwide subsidiaries and affiliates within the EFG group. EFG Asset Management (UK) Limited is authorised and regulated by the UK Financial Conduct Authority, registered no.7389746. Registered address: EFG Asset Management (UK) Limited, 116 Park Street, London W1K 6AP, United Kingdom, telephone +44 (0)207 491 9111.Independent Asset Managers: in case this document is provided to Independent Asset Managers (“IAMs“), it is strictly forbidden to be reproduced, disclosed or distributed (in whole or in part) by IAMs and made available to their clients and/or third parties. By receiving this document IAMs confirm that they will need to make their own decisions/judgements about how to proceed and it is the responsibility of IAMs to ensure that the information provided is in line with their own clients' circumstances with regard to any investment, legal, regulatory, tax or other consequences. No liability is accepted by EFG for any damages, losses or costs (whether direct, indirect or consequential) that may arise from any use of this document by the IAMs, their clients or any third parties.If you have received this document from any affiliate or branch referred to below, please note the following:Australia: This document has been prepared and issued by EFG Asset Management (UK) Limited, a private limited company with registered number 7389746 and with its registered office address at 116 Park Street, London W1K 6AP (telephone number +44 (0)207 491 9111). EFG Asset Management (UK) Limited is regulated and authorized by the Financial Conduct Authority No. 536771. EFG Asset Management (UK) Limited is exempt from the requirement to hold an Australian financial services licence in respect of the financial services it provides to wholesale clients in Australia and is authorised and regulated by the Financial Conduct Authority of the United Kingdom (FCA Registration No. 536771) under the laws of the United Kingdom which differ from Australian laws.ASIC Class Order CO03/1099EFG Asset Management (UK) Limited notifies you that it is relying on the Australian Securities & Investments Commission (ASIC) Class Order CO03/1099 (Class Order) exemption (as extended in operation by ASIC Corporations (Repeal and Transitional Instrument 2016/396) for UK Financial Conduct Authority (FCA) regulated firms which exempts it from the requirement to hold an Australian financial services licence (AFSL) under the Corporations Act 2001 (Cth) (Corporations Act) in respect of the financial services we provide to you.The financial services that we provide to you are regulated by the FCA under the laws and regulatory requirements of the United Kingdom which are different to Australia. Consequently any offer or other documentation that you receive from us in the course of us providing financial services to you will be prepared in accordance with those laws and regulatory requirements. The UK regulatory requirements refer to legislation, rules enacted pursuant to the legislation and any other relevant policies or documents issued by the FCA.Your Status as a Wholesale ClientIn order that we may provide financial services to you, and for us to comply with the Class Order, you must be a ‘wholesale client' within the meaning given by section 761G of the Corporations Act. Accordingly, by accepting any documentation from us prior to the commencement of or in the course of us providing financial services to you, you:• warrant to us that you are a ‘wholesale client';• agree to provide such information or evidence that we may request from time to time to confirm your status as a wholesale client;• agree that we may cease providing financial services to you if you are no longer a wholesale client or do not provide us with information or evidence satisfactory to us to confirm your status as a wholesale client; and• agree to notify us in writing within5 business days if you cease to be a ‘wholesale client' for the purposes of the financial services that we provide to you.Bahamas: EFG Bank & Trust (Bahamas) Ltd. is licensed by the Securities Commission of the Bahamas pursuant to the Securities Industry Act, 2011 and Securities Industry Regulations, 2012 and is authorised to conduct securities business in and from The Bahamas including dealing in securities, arranging dealing in securities, managing securities and advising on securities. EFG Bank & Trust (Bahamas) Ltd. is also licensed by the Central Bank of The Bahamas pursuant to the Banks and Trust Companies Regulation Act, 2000 as a Bank and Trust company. Registered office: Goodman‘s Bay Corporate Centre West Bay Street and Sea View Drive, Nassau, The...

The Strategy Skills Podcast: Management Consulting | Strategy, Operations & Implementation | Critical Thinking

Byron Loflin, Global Head of Board Advisory at Nasdaq and co-author of CEO Ready, explained on the Strategy Skills Podcast why many talented executives never make it to the top. " Because you perform well isn't going to automatically get you the job." Boards are looking for more than results. They look for humility, curiosity, and authentic relationships across stakeholders. Byron shared a personal lesson from riding with Ronald Reagan before he was president: "He was genuinely interested in others. And that surprised me. I didn't get the sense that he was a pompous or aristocratic kind of person. He was genuinely interested in identifying what are you interested in? What makes you tick?" He also warned that unchecked ego is one of the biggest risks to leadership: "Ego is a powerful motivator when it's focused properly. But when it becomes dominant in one's personality and drives inappropriate types of responses to the needs of others… Ego can become a significant problem." To counter ego, he recommended building close, truth-telling relationships. This is what Byron said about conversations with his children: "I listen to them very closely when they speak to me and I invite them to speak truth into my life." And he reminded us that succession is political: "Surprise is the enemy. Structure is your friend." Finally, boards now expect leaders to be fluent in technology and disruption: "The expectation of management delivering understanding on the relevancy of AI to your organization with the emphasis on relevancy."   Actions you can take now Seek feedback aggressively. Create a circle of truth-tellers: colleagues, mentors, even family, who will tell you the truth. Check your ego daily. Build humility into routines by asking: "Am I genuinely interested in others, or focused only on myself?" Engage all seven stakeholders. Byron identified investors, employees, vendors, customers, communities, regulators, and the environment as decisive. Map your relationships and strengthen the weakest link. Signal reliability to boards. Remove surprises. Show discipline in how you work and how you communicate. Become AI-fluent. Don't chase every trend. Focus on the relevancy of AI and digital disruption to your business and be prepared to explain it clearly.   Get Byron's book, CEO Ready, here: https://tinyurl.com/z87xz94h   Claim your free gift: Free gift #1 McKinsey & BCG winning resume www.FIRMSconsulting.com/resumePDF Free gift #2 Breakthrough Decisions Guide with 25 AI Prompts www.FIRMSconsulting.com/decisions Free gift #3 Five Reasons Why People Ignore Somebody www.FIRMSconsulting.com/owntheroom Free gift #4 Access episode 1 from Build a Consulting Firm, Level 1 www.FIRMSconsulting.com/build Free gift #5 The Overall Approach used in well-managed strategy studies www.FIRMSconsulting.com/OverallApproach Free gift #6 Get a copy of Nine Leaders in Action, a book we co-authored with some of our clients: www.FIRMSconsulting.com/gift

401(k) Specialist Pod(k)ast
Technology and the Future of Retirement Planning with Morningstar Retirement's Michael Allen

401(k) Specialist Pod(k)ast

Play Episode Listen Later Dec 1, 2025 12:51


Retirement technology is rapidly transforming the way advisors and plan sponsors deliver planning advice. In this episode of the 401(k) Specialist Podcast, Editor-in-Chief Brian Anderson sits down with Michael Allen, Morningstar Retirement's Global Head of Retirement Technology, to explore how innovation is making retirement advice more personalized, scalable, and impactful.Allen shares insights on how Morningstar turns ideas into digital solutions, the technologies most likely to redefine the participant experience—like AI, predictive analytics, and behavioral nudges—and how innovation stays grounded in what participants really need.Key Insights:AI boosts personalization in retirement planningMichael Allen shares how AI lets Morningstar offer dynamic, personalized advice. Instead of long forms, participants now engage in simple, human-like conversations.Innovation solves real user pain pointsMorningstar's tools, like “AI Insights,” were built to fix specific issues—such as time-consuming reporting—by highlighting key data instantly.Advice at scale with human oversightMorningstar combines AI with trusted forecasting tools. The goal: deliver tailored advice while letting advisors focus on what humans do best.

UBS On-Air
Talking Markets Podcast with Phil Orlando of Federated Hermes

UBS On-Air

Play Episode Listen Later Nov 30, 2025 24:10


Phil Orlando is the Chief Market Strategist and Global Head of Investment Directors at Federated Hermes. Phil reflects on the outcomes of the November elections and shares thoughts on the potential implications to the 2026 midterms. We also discuss the potential road ahead for U.S. trade policy, along with monetary policy ahead of the December FOMC meeting. Host: Daniel Cassidy

BlockHash: Exploring the Blockchain
Ep. 643 EY Blockchain | Enterprise meets Web3 (feat. Clare Adelgren)

BlockHash: Exploring the Blockchain

Play Episode Listen Later Nov 29, 2025 17:35


For episode 643 of the BlockHash Podcast, host Brandon Zemp is joined by Clare Adelgren, Global Head of Blockchain Sales and Operations for EY.EY Blockchain is delivering SaaS Solutions using privacy-enabled blockchain technologies to transform the ways enterprises transact and interact. ⏳ Timestamps: (0:00) Introduction(0:42) Who is Clare Adelgren?(2:31) EY at Blockchain Futurist(3:51) EY clients(5:28) What are enterprise companies most interested in with Web3?(11:11) Thoughts on the impact of regulations on Crypto(14:27) EY roadmap for 2026 

2050 Investors
Data Centers: Where AI builds Its Brain (ft. Sikander Rashid, Global Head of AI Infrastructure at Brookfield)

2050 Investors

Play Episode Listen Later Nov 27, 2025 33:51 Transcription Available


Artificial intelligence may appear weightless, but its backbone is built on vast, energy-hungry data centers. In this episode, host Kokou Agbo-Bloua explores how these facilities—from corporate server farms to hyperscale sites—have become the brain of the AI boom. Kokou dissects the dual demands of AI: training massive models and running inference, and how these processes are fundamentally reshaping global energy and water consumption, while fuelling a trillion-dollar investment race.Later, Sikander Rashid, Global Head of AI Infrastructure at Brookfield Asset Management, joins to discuss how investors are navigating soaring demand for computational power amid the global race towards Artificial General Intelligence (AGI). He shares his insights on how balancing carbon mitigation with capacity expansion could reshape global capital flows and addresses the age-old question: are we in an AI boom or a bubble?Tune in now to uncover the hidden infrastructure behind AI—and what it means for the future of technology, finance, and the planet.CreditsPresenter & Writer: Kokou Agbo-BlouaProducers & Editors: Jovaney Ashman, Jennifer Krumm, Louis TrouslardSound Director: La Vilaine, Pierre-Emmanuel Lurton. Music: Cézame Music AgencyGraphic Design: Cédric CazalyWhilst the following podcast discusses the financial markets, it does not recommend any particular investment decision. If you are unsure of the merits of any investment decision, please seek professional advice. Hosted by Ausha. See ausha.co/privacy-policy for more information.

The CPG Guys
Mobile Commerce Media with Uber Advertising's Kristi Argyilan

The CPG Guys

Play Episode Listen Later Nov 26, 2025 47:45


The CPG Guys are joined in this episode by Kristi Argyilan, Global Head of Advertising at Uber.Follow Kristi on LinkedIn at: https://www.linkedin.com/in/kristiargyilan/Follow Uber on LinkedIn at: https://www.linkedin.com/company/uber-advertising/Follow Uber online at: https://www.uber.com/us/en/advertising/Kristi answers these questions:Can you walk us through your role at UBER Ads and how the organization fits within the broader UBER ecosystem?What unique value does UBER bring to the retail media landscape, especially compared to traditional players like retailers or streaming platforms?What makes advertising within the food delivery sector different from other consumer industries?  What types of CPG brands are seeing the most success on UBER Ads—and why?How do you balance the needs of large national CPGs vs. emerging or local brands?Can you share a campaign or partnership or examples that exemplify what "great" looks like on UBER Ads? aka what is best in class?What role does data play in segmenting and targeting audiences? How do you balance broad reach with personalization?What key performance indicators (KPIs) do you consider most critical when evaluating ad success at UBER? Can you share some examples of how data insights have directly influenced campaign adjustments?How do you tailor campaigns to resonate with diverse local markets versus a national audience? What does working with UBER ads entail - aka the customer experience?What advice would you give to brands, especially in the consumer packaged goods arena, looking to leverage digital advertising for growthCPG Guys Website: http://CPGguys.comFMCG Guys Website: http://FMCGguys.comSheCOMMERCE Website: https://shecommercepodcast.com/Rhea Raj's Website: http://rhearaj.comLara Raj in Katseye: https://www.katseye.world/DISCLAIMER: The content in this podcast episode is provided for general informational purposes only. By listening to our episode, you understand that no information contained in this episode should be construed as advice from CPGGUYS, LLC or the individual author, hosts, or guests, nor is it intended to be a substitute for research on any subject matter. Reference to any specific product or entity does not constitute an endorsement or recommendation by CPGGUYS, LLC. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. CPGGUYS LLC expressly disclaims any and all liability or responsibility for any direct, indirect, incidental, special, consequential or other damages arising out of any individual's use of, reference to, or inability to use this podcast or the information we presented in this podcast.

In VOGUE: The 1990s
The Most Impactful Shows of the Century So Far According to Vogue Editors

In VOGUE: The 1990s

Play Episode Listen Later Nov 25, 2025 40:11


Last December, the Vogue Runway team created a list of the fashion moments that have defined the 21st-century so far. Now they are taking it a step farther and highlighting the most memorable shows of the past 25 years. Nicole invited Global Head of Fashion Network Virginia Smith, Senior Archive Editor Laird Borelli-Persson, and now- Vanity Fair Global Editorial Director Mark Guidicci to run through their top picks, and today we're revisiting that episode ahead of the holiday.The Run-Through with Vogue is your go-to podcast where fashion meets culture. Hosted by Chloe Malle, Head of Editorial Content, Vogue U.S.; Chioma Nnadi, Head of British Vogue; and Nicole Phelps, Director of Vogue Runway, each episode features the latest fashion news and exclusive designer and celebrity interviews. Learn about your ad choices: dovetail.prx.org/ad-choices

Tangent - Proptech & The Future of Cities
The Future of Real Estate Data Management, with Cherre's Global Head of Alliances & CorpDev. Kevin Shtofman

Tangent - Proptech & The Future of Cities

Play Episode Listen Later Nov 25, 2025 52:14


Kevin Shtofman is the Global Head of Alliances and Corporate Development at Cherre, a real estate data platform powering over $3.3 trillion in AUM. With 20+ years of experience across real estate, finance, and consulting, Kevin leads global initiatives to integrate and contextualize data from systems, third parties, and JV partners, helping investors, operators, and asset managers make smarter decisions. At Cherre, he also oversees strategic partnerships, global expansion, and the innovation roadmap. Prior to joining Cherre, Kevin held leadership roles across the industry, including Chief Operating Officer at NavigatorCRE, and Global Real Estate Technology Strategy Lead at Deloitte, where he advised clients on emerging technologies like AI, automation, and blockchain. A recognized voice in real estate innovation, Kevin brings two decades of experience bridging data, operations, and technology across global real estate markets. Outside of work, Kevin is a golf enthusiast, occasional Ironman, and proud father of three daughters.(02:05) - Kevin's Background(05:19) - Challenges in Real Estate Data Management(06:52) - Cherre's Approach to Data Integration(13:48) - Evolution of Cherre's Platform(21:41) - Client Success Stories(24:58) - Future of Real Estate and AI(25:23) - Feature: Blueprint - The Future of Real Estate - Register for 2026: The Premier Event for Industry Executives, Real Estate & Construction Tech Startups and VC's, at The Venetian, Las Vegas on September 22nd-24th, 2026. As a friend of Tangent, you can save $300 on your All-Access pass(29:58) - Introducing Cherre AI Agent Marketplace(33:58) - AI Use Cases(40:06) - The Future of Real Estate Data(42:29) - Affordable Housing and Investment(47:37) - Collaboration Superpower: William Levitt (Wiki) & Larry Brown (Wiki)

The Future of Work With Jacob Morgan
How Top CEOs Stay Relevant, Resilient, and Ready for What's Next with McKinsey's Senior Partner

The Future of Work With Jacob Morgan

Play Episode Listen Later Nov 24, 2025 52:04


When a leader reaches the top, the climb doesn't stop, it just changes shape. The real challenge isn't getting to the corner office, it's knowing how to stay relevant, resilient, and ready for what's next. The best CEOs don't just lead well once; they lead well through change, mastering the cycles of their own growth. In this episode, I sit down with Kurt Strovink, Senior Partner at McKinsey & Company and Global Head of McKinsey's CEO Practice, to break down the cyclical nature of leadership from his book A CEO for All Seasons: Mastering the Cycles of Leadership. Drawing from research on 200 high-performing CEOs, we explore the four seasons of leadership—stepping up, starting strong, staying ahead, and sending it forward—and what distinguishes those who sustain excellence over time. We dive into how cognitive diversity strengthens decision-making, servant leadership keeps power grounded in purpose, and renewal strategies prevent success from breeding complacency. We also explore how great CEOs develop resilience under pressure and create leadership factories that outlast them. This episode offers CHROs a playbook to help leaders evolve through every phase of their journey, and build organizations capable of thriving through every season of change. ------------ Start your day with the world's top leaders by joining thousands of others at Great Leadership on Substack. Just enter your email: ⁠⁠https://greatleadership.substack.com/ Looking for what actually moves the needle on performance and retention? It's in The 8 Laws of Employee Experience. Preorder here: 8EXLaws.com