Podcasts about Nomura Securities

Our guest for today's podcast is Sandor Hau, Managing Director and President of Charlesbank Credit. Sandor oversees the firm's opportunistic Credit team and investing strategy.  Sandor joined Charlesbank in 2016 from Nomura Securities, where he was a Managing Director and Head of Corporate Credit and Special Situations. Previously, he was a Managing Director at Goldman Sachs and Head of Credit Investing and Private Equity within the principal strategies group.   Sandor was born and grew up in rural Lancaster, PA, and is a big Philadelphia sports fan. He currently lives in Rye, NY, and is actively involved with community and sports activities with his four kids. He likes running, basketball and racquet sports. He is actively involved with the Korean American community as co–chairman of The Korea Finance Society. He is also a member of the Council on Foreign Relations. Without further ado, here is our conversation with Sandor Hau.

The “flow desk” as it's often called on the sell-side is about repeatability and scale in the service of institutional clients. It's a competitive business with not a lot of margin for error, especially in a product like equity options where being on the wrong side of a misbehaving Greek could spell trouble. With this in mind, it was great to welcome Ali Samadi, Head of Flow Equity Derivative Sales at Nomura Securities International to the podcast.Our conversation explores aspects of the salesperson / client interaction that make a relationship stick. Namely, Ali suggests that first and foremost, one must understand the client's objective and tailor the coverage experience accordingly. As a derivatives expert, he sees opportunities to utilize the volatility surface not just in the construction of trades, but also as a source of information, as it may provide clues as to where investor interest is concentrated. We also talk about addressing the inherent negative selection risk for a sell-side desk. This includes the inevitable need to manage client expectations on what size can be transacted at a given price, especially when markets turn especially illiquid as they did on August 5th.Lastly, we spend some time talking about training younger professionals, a pursuit Ali is passionate about. He believes the best way to help junior colleagues advance is to have them review trades in order to develop a sense as to what the right price is. Along with this, he encourages those in the early parts of their careers to diversify their skill sets, learning at least something about other products and assets classes. I hope you enjoy this episode of the Alpha Exchange, my conversation with Ali Samadi.

Japan's economy was seen as something of a juggernaut in the post World War II era, with growth averaging about 10% during the 1950s and 60s. Yet, in subsequent decades, with a stock market crash, and the bursting of a real estate bubble, Japan entered a period of stagnation and deflation, from which it is only now emerging. What drove Japan's rapid post-war growth? Why did growth stall, and reverse? And are there lessons from the Japanese experience relevant to the U.S. economy today? Paul Sheard joins EconoFact Chats to discuss these questions. Paul has been a Professor at Osaka University and a visiting scholar at the Bank of Japan, and at Stanford University. He was also Japan's strategist for Baring Asset Management, and has held chief economist positions at Lehman Brothers, Nomura Securities, and Standard & Poor's.

Japan's economy was seen as something of a juggernaut in the post World War II era, with growth averaging about 10% during the 1950s and 60s. Yet, in subsequent decades, with a stock market crash, and the bursting of a real estate bubble, Japan entered a period of stagnation and deflation, from which it is only now emerging. What drove Japan's rapid post-war growth? Why did growth stall, and reverse? And are there lessons from the Japanese experience relevant to the U.S. economy today? Paul Sheard joins EconoFact Chats to discuss these questions. Paul has been a Professor at Osaka University and a visiting scholar at the Bank of Japan, and at Stanford University. He was also Japan's strategist for Baring Asset Management, and has held chief economist positions at Lehman Brothers, Nomura Securities, and Standard & Poor's.

Police in Hiroshima Prefecture, western Japan, have arrested a former employee of Nomura Securities Co. for allegedly drugging a couple in their 80s who were his clients, setting their house on fire and stealing about 26 million yen in cash.

Shiloh Bates talks to Nomura Securities CLO Researcher Paul Nikodem in the sixth episode of The CLO Investor podcast. They discuss the process of evaluating CLO managers and also tackle the topic of declining CLO financing costs. 

Women in midlife who still need or want to work often find themsleves stuck in limbo and confusion trying to figure our their next career move. Enter ..."EvolveMe". A fabulous options to help you relaunch, pivot or level up your career whether you're in your 40s. 50s, 60s or beyond.  Founders Judy Schoenberg and Linda Lautenberg have been there, done that, and realized through their own experiences that many others in the same boat must need help. They created the community, structure, and tools to help you make whatever is next for you ... happen!  They can help with professional resumes and LinkedIn profiles, and even teach you transferable skills.  These gals are the real deal. They help make midlife career reinvention fun enjoyable and REWARDING.  They and others involved with EvolveMe provide a much-needed resource to women in midlife, who are underrepresented in leadership roles in the workforce and often face barriers due to ageism, gender discrimination, racism, pay inequity and as mothers and caregivers. Linda who re-invented her career after 3 kids and a 16 year break and knows how isolating reviving your professional career can feel. Before founding EvolveMe, she was the Director of Outreach at Inspiring Capital, supporting women transitioning back to the workforce. She's a founding member and Regional Facilitator Lead for Harvard Business School Alumni Circles and a leader of Impact 100 Jersey Coast, a women's philanthropic investment nonprofit. Before that she had a successful finance career at the Prudential Investment Corporation and Nomura Securities. She's a Chartered Financial Analyst and earned an MBA from Harvard Business School.  Judy Schoenberg has another big Harvard brain. She left her role as Chief Research Executive at Girl Scouts of the USA after a fifteen-year tenure to pivot and start her own next chapter. She honed her skills at national organizations like Girl Scouts of the USA and the Ms. Foundation for Women as well as at Pace University's women's leadership initiative and community-based and start-up ventures. Her work has been featured at the White House, MAKERS, npr.com, USA Today, The Chicago Tribune and The Washington Post. She holds leadership roles at several nonprofit educational institutions and a Master of Education in human development and psychology from the Harvard Graduate School of Education. Both Judy and Linda emphasize the importance of helping women regain confidence, reassess their skills, and understand their value in the marketplace. The impact of the pandemic on women was loud, with many leaving the workforce, and how their company coincided with this time, offering support for women returning to work.  EvolveMe also work with companies invested in attracting and retaining top female talent. At the heart of EvolveMe is a belief that when companies understand women's needs, they're better able to attract and retain them. 

EPISODE 1530: In this KEEN ON show, Andrew talks to the inspiration behind THE SIBERIAN JOB, John Kleinheinz, on how he got rich in post communist Russia and what he learnt about the value of free markets and democracy John Kleinheinz is the CEO of Kleinheinz Capital Partners, Inc., the investment advisor for the Global Undervalued Securities Fund, a global-macro themed hedge fund which at its peak managed $4 billion. He returned outside capital to investors in 2013 after a successful 20-year career. John continues to manage the Fund, which is active in a variety of areas including Japan, US energy/technology markets and private equity. He is also a lead investor in efforts to develop high-speed rail between Dallas and Houston. After graduating from Stanford in 1984 with a degree in economics, John began his career as an investment banker, working for Nomura Securities in Tokyo and Merrill Lynch in New York and London. Upon moving to Texas in 1993, he was a partner in an investment firm where he managed the Russia Value Fund, one of the earliest funds to invest in Russia and formed at the inception of the Russian stock market following the voucher privatization program in 1994. The Russia Value Fund was backed by several prominent investors, including Sir John Templeton and Robert Strauss, the former U.S. Ambassador to Russia. John remains actively involved at Stanford, serving as Chairman of the Board of Overseers for The Hoover Institution and on the advisory board of SIEPR (Stanford Institute for Economic Policy Research). He and his wife Marsha have three children and reside in Fort Worth. They are actively involved in a number of philanthropic activities, including public charter schools, through the Kleinheinz Family Foundation. John's adventures in post-communist Russia is the inspiration behind The Siberia Job (2023) Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Learn more about your ad choices. Visit megaphone.fm/adchoices

Women, Shopping and Awkward Money Moments with Galia Gichon & Susan Yeagley, co-hosts of The Fiscal Firecrackers Today, I'm sharing my conversation with Galia Gichon and Susan Yeagley, co-hosts of The Fiscal Firecrackers, a weekly podcast centered around educating, entertaining and empowering people about money.  This was so in alignment for me and my mission, so it was such a treat getting to talk to these ladies. Together, Susan, being a renowned comedic actress and Galia, a personal finance expert with 20 years experience, combine their superpowers to share educational financial information in a hilarious and approachable way.   Galia Gichon is an independent personal financial expert with more than 20 years in financial services, including nearly 10 years on Wall Street and an MBA in Finance. Her career has spanned corporate bond research analyst, personal finance expert, angel investor, entrepreneur advisor, and author. She is the Founder of Down to Earth Finance, independent personal finance education. She has been teaching at Barnard College's Athena Center for Leadership, Freelancers Union for 10+ years, and Yale School of Management. Previously, she worked at Bear Stearns and Nomura Securities. Galia is also the author of “My Money Matters” which was featured on TODAY SHOW.  Susan Yeagley is a renowned comedic actress with a side-hustle hobby - wanting to learn everything there is to know about money. Susan's TV credits include playing "Jessica Wicks" on the hit NBC show, Parks and Recreation and recurring roles on CBS's Rules of Engagement and FOX's Til Death. In addition, she has guest starred on ER, Friends, Reno 911, Curb Your Enthusiasm, Miracles, Ellen, Everybody Loves Raymond and The Sarah Silverman Program. Her film credits include: Almost Famous, the Coen brother's Intolerable Cruelty, Coyote Ugly, Neil Burger's The Lucky Ones and the Adam Sandler film Blended. Most recently, you can catch her playing Parker Posey's half-sister in the Christopher Guest Netflix film, Mascots. This December, she played nutty realtor Barb Hutter, in the Sister Swap Christmas movie on the Hallmark Channel. Check out their website: https://www.fiscalfirecrackers.com/ You can find them on Instagram: https://www.instagram.com/fiscalfirecracker/ Susan: https://www.instagram.com/sukiyeagley/ Galia: https://www.instagram.com/pagesandmore/ Learn more about Meghan here: https://moneyisntscary.com/

Today, I'm sharing my conversation with Galia Gichon and Susan Yeagley, co-hosts of The Fiscal Firecrackers, a weekly podcast centered around educating, entertaining and empowering people about money.  This was so in alignment for me and my mission, so it was such a treat getting to talk to these ladies. Together, Susan, being a renowned comedic actress and Galia, a personal finance expert with 20 years experience, combine their superpowers to share educational financial information in a hilarious and approachable way.     Galia Gichon is an independent personal financial expert with more than 20 years in financial services, including nearly 10 years on Wall Street and an MBA in Finance. Her career has spanned corporate bond research analyst, personal finance expert, angel investor, entrepreneur advisor, and author. She is the Founder of Down to Earth Finance, independent personal finance education. She has been teaching at Barnard College's Athena Center for Leadership, Freelancers Union for 10+ years, and Yale School of Management. Previously, she worked at Bear Stearns and Nomura Securities. Galia is also the author of “My Money Matters” which was featured on TODAY SHOW.    Susan Yeagley is a renowned comedic actress with a side-hustle hobby - wanting to learn everything there is to know about money. Susan's TV credits include playing "Jessica Wicks" on the hit NBC show, Parks and Recreation and recurring roles on CBS's Rules of Engagement and FOX's Til Death. In addition, she has guest starred on ER, Friends, Reno 911, Curb Your Enthusiasm, Miracles, Ellen, Everybody Loves Raymond and The Sarah Silverman Program. Her film credits include: Almost Famous, the Coen brother's Intolerable Cruelty, Coyote Ugly, Neil Burger's The Lucky Ones and the Adam Sandler film Blended. Most recently, you can catch her playing Parker Posey's half-sister in the Christopher Guest Netflix film, Mascots. This December, she played nutty realtor Barb Hutter, in the Sister Swap Christmas movie on the Hallmark Channel.   Check out their website: https://www.fiscalfirecrackers.com/ You can find them on Instagram: https://www.instagram.com/fiscalfirecracker/ Susan: https://www.instagram.com/sukiyeagley/ Galia: https://www.instagram.com/pagesandmore/    

Ian King speaks to an FX strategist at Nomura Securities to discuss the economic impact of Boris Johnson's resignation as Prime Minister. Plus, hear from the director-general of the CBI about how the UK's public finances are "on an unsustainable path in the long term". And the chief executive of the tax advisory group Blick Rothenberg joins the show to talk about the "biggest personal tax cut in a decade".

One thing that we have been discussing a lot with our clients recently is, inflation. As we retire and we think we have so much money to live on and all of a sudden, our cost of living becomes higher and higher. What should we be doing to shore up our financial plan and our portfolio? What are some things that we should be thinking about? In today's show, we want to take time to better understand inflation. Our next guest is an Investment Consultant with our team, Guidance Point Advisors. In his 27 years in the financial services industry, he's provided capital market expertise to some of the world's largest money management institutions. Over the course of his career, he's transacted in multiple types of fixed income securities, and securitized US treasuries, agencies, corporates, and municipals. Prior to joining Guidance Point Advisors, he spent fifteen (15) years at Goldman Sachs, six (6) years as a director at Deutsche Bank, and six (6) years as a managing director at Nomura Securities. Please welcome our colleague, Chris Del Col to the Retirement Success in Maine Podcast! Chapters: Welcome, Chris Del Col! [2:19] What are the larger impacts that inflation will have on our lives and financial assets? [8:06] What are the pros and cons of inflation/deflation? [15:42] How does the supply of money impact inflation? [19:36] How has inflation been impacting stocks and bonds in 2022? [31:04] What's been the history of rising inflation impacting stocks and bonds? [39:34] How will Chris find his personal Retirement Success? [46:39] Ben and Curtis discuss the conversation. [48:42]

Alexander Minami Redhead St. Mary's International School (2003) Today our guest is a Portfolio Manager at Montrachet Capital. Today our guest attended St. Mary's International School for 13 years (Class of 2003), he later went to study at Tufts University where he earned a dual degree in Mathematics and Psychology. Prior to his current role, he worked at several investment banks in Tokyo and New York including Lehman Brothers, Credit Suisse, and Nomura Securities. In 2019, he joined Montrachet Capital, a multi-family office in Singapore, and runs the portfolio management group, helping wealthy individuals invest for the future. During his time in Singapore, he became a CERTIFIED FINANCIAL PLANNER™ practitioner, interviewed and translated several books in Japanese for the legendary investor Jim Rogers, and helped numerous clients immigrate from Japan. He is currently active within the St. Mary's Alumni Association (SMAA), heading the Finance Group as well as the Singapore chapter, and enjoys sharing his no bullsh*t opinion to those seeking career advice. He looks forward to resuming 11-aside football when COVID measures are eased, but enjoys Crossfit and Tennis in the meantime. TIMESTAMP 1:30-2:40 - Introduction 3:13-4:50 Intro from Alex 5:05-12:44 - The International School "bubble" and being bi-cultural 12:45-17:26 - Joining the industry of "Finance" / SMAA and internships 17:27-22:57 - What kept Alex in finance/in what ways can high school students equip themselves to work in the industry of finance? 22:58-25:35 - Moving from investment banking to portfolio management 25:36-35:06 - Is popular cultures illustration of WallStreet bankers accurate?/working hours in finance 36:07-41:05 - Jim Rogers 41:06-46:35 - St. Marys shout outs 46:36-49:35 - The importance of HS athletics at international schools 49:36-52:40 - What is to come

Hideyuki Takahashi is the Chairman of State Street Japan, an American financial services and bank holding company.   Mr. Takahashi established his career at Nomura Securities where he stayed for 21 years, becoming an Executive Account Manager for retail business and eventually moving on to manage international business. Mr. Takahashi has experience living and working globally in places including Australia, England, Amsterdam, Luxemburg, and Frankfurt through Nomura.   When in Amsterdam and Luxemburg, Mr. Takahashi built his sales team from zero, starting from the recruiting process, hiring many local workers. Mr. Takahashi says he made sure that he clearly communicated there were no division in how the local and Japanese hires were treated in his team of six people in the beginning. He explains that the most essential aspect of building a team and delivering results is defining the goal and planning out how it can be achieved, as well as the reward. Mr. Takahashi says his experience working in Australia and London enabled him to manage the international team who tend to be more assertive than Japanese workers.   As the CEO of Nomura Bank Deutschland, Mr. Takahashi led an organization with 300 staff and was first tasked with the role of restructuring, eliminating certain sections, and dealing with litigation matters. Mr. Takahashi recalls this as a tough experience, and required him to be very decisive, without any compromise. He wishes he had been better with constantly and clearly sharing information including his vision and direction of the company as a leader. For example, having a town-hall meetings in addition to communicating in smaller groups.   When in London, Mr. Takahashi was the European Equity Division Head. There, he managed a team of approximately 150 people. Mr. Takahashi initially struggled due to his English skills as his team were mostly English speakers and found the speed of communication to be very fast. When Mr. Takahashi arrived in New York as the COO, and then CEO, he was now leading over 1400 people. He noticed in New York, his staff were very vocal and quick to speak their mind. He recalls working with this team to be “very tough but at the same time, very simple” since there was constant clear communication and everybody was treated equally.   After 7 years in New York, Mr. Takahashi returned to Japan as the Global Head of Internal Audit of Nomura Group for a year and a half, then moved on to become Global Head of Research to integrate Lehman Brothers' and Nomura's research organization. There, he led a team of approximately 1000 people. Mr. Takahashi explains leading a team of researcher was a challenging experience, as they are highly intelligent and in a specialized discipline with a clearly set career path. After his time at Global Research, Mr. Takahashi then moved to corporate communication with non-Japanese media for a year and a half. Mr. Takahashi finally moved into State Street where he currently is the Chairman.   On increasing workplace engagement, Mr. Takahashi advises to clearly outline and communicate the vision and goal of the company, as well as the benefit of each individual joining the team. He adds the importance of clearly defining the role and accountability of each person. In large organizations, Mr. Takahashi points out having a strong and trustworthy middle management team is essential. It is crucial to train these middle management staff to make sure they understand the leader's vision and goals so that they can consistently communicate the same message to the rest of the team. Giving people accountability and letting them know what they will gain from the work they are doing and the future prospect is also important to keep them engaged and motivated. With Japanese people, Mr. Takahashi explains they need to be encouraged to speak up, but once they gain the confidence, they will be more likely to communicate their ideas openly.   On advice to foreigners leading in Japan, Mr. Takahashi advises to be mindful when recruiting people to understand that Japanese people have a tendency to not communicate their strengths clearly as English-speaking people. He recommends not jumping to the conclusion that people who cannot market themselves well are incapable and encourages seeing the real value of the more traditional Japanese staff. Secondly, Mr. Takahashi advises to stay committed to the job, as people will not trust managers who leave in a short period of time. Thirdly, Mr. Takahashi advises that in business, it is wiser to use one's own language to clearly communicate the message.   Mr. Takahashi defines leadership as a very strong conviction of one's own vision and the ability to communicate that with others, as well as winning in business.

Mayumi Ishii, current Chief at Chrysmela, worked for years as a McKinsey Consultant and Analyst for Nomura Securities.  When she came across a product manufactured in Japan that solved a 5000 year old problem, she decided to start selling it in the United States.  She explains why she decided to keep the Japanese name and branding and then gives great advice for launching a consumer product across countries.  It's a product you want to hear about!   Connect with Wendy - https://www.linkedin.com/in/wendypease/ Connect with GUEST - https://www.linkedin.com/in/mayumiishii/ Music: Fiddle-De-Dee by Shane Ivers - https://www.silvermansound.com

There’s little question that 2020 will long be remembered as a year of crisis for the casino industry. Commercial gaming revenues in the U.S. were down 79 percent during the second quarter when compared to Q2 2019, a fact that made IAC/Interactive’s August announcement that it was purchasing 12 percent of hospitality and gambling giant MGM all the more headline-grabbing. “We think we found a once-in-a-decade opportunity to find a meaningful position in an iconic brand,” explains IAC/InterActive CFO Glenn Schiffman, who says IAC’s balance sheet remains flush with cash (more than $3 billion) after the recent spinoff of online dating site Match.com. “We believe that Las Vegas will come roaring back, and this comes back to how IAC likes to invest: We like massive addressable markets with tailwinds from offline to online, and that’s what we see with gaming,” says Schiffman, who is no stranger to industries in crisis. Back in September of 2008, Schiffman was head of investment banking for Lehman Brothers’ Asia-Pacific business when the firm filed for bankruptcy due to its part in the subprime mortgage crash. Schiffman, along with other top Lehman partners, helped to manage the sale of Lehman’s Asian business to Nomura Securities. “In times of crisis, you have to separate the urgent from the important because in a crisis everything appears urgent but not everything is important,” explains Schiffman, who says that he learned just how important being able to separate the two was when the clock was ticking in the wake of the Lehman bankruptcy and his team was seeking a resolution that would best serve Lehman’s Asia workforce. (Episode 440) “We saved every single job in Asia—and that was 3,000 jobs, including my own,” comments Schiffman, who adds that the Lehman bankruptcy, among other things, revealed how during a time of crisis an individual’s character becomes more evident. “Crisis doesn’t define character, crisis reveals character,” says Schiffman, who, after joining Nomura, went on to help establish and build the bank’s North American investment banking division. –Jack Sweeney 

As deposits have flooded into the system and loan growth has been hard to come by, many banks find themselves drenched with excess liquidity. The dynamic has put considerable pressure on net interest margins but might not prove short-term in nature like many banks hope, according to Greg Hertrich, head of U.S. depository strategies at Nomura Securities. In the episode, Hertrich said those earnings pressures could remain in place for many banks, prompting them to consolidate branches — particularly in light of increased digital adoption — and pursue M&A activity.

Galia Gichon is an independent personal financial expert with more than 20 years in financial services, including nearly 10 years on Wall Street and an MBA in Finance. Her career has spanned corporate bond research analyst, personal finance expert, angel investor, entrepreneur advisor, and author. As an angel investor and advisor, she has worked with Next Wave Impact, Her Corner, Pipeline Angels, Astia, Topstone Angels, and Refinery CT. She is also the Founder of Down to Earth Finance, independent personal finance education. She has been teaching at Barnard College’s Athena Center for Leadership for more than 10 years. She has been widely quoted in The New York Times, NBC, CNN, Real Simple and more. Previously, she worked at Bear Stearns and Nomura Securities. Galia is also the author of “My Money Matters” which was featured on TODAY SHOW. She can be reached at galia@downtoearthfinance.com, www.downtoearthfinance.com and @SimplyMoney.

Dr. William Overholt, Senior Research Fellow, Harvard Kennedy School, presents the first of the Fairbank Center's online lectures as part of the Critical Issues Confronting China Lecture Series. This series is hosted by Professor Ezra F. Vogel. William Overholt joined the Rajawali Foundation Institute for Asia in July 2008 and conducts research on development and governance issues. Previously, he served as a visiting scholar with the Institute for Asia and continues to be a frequent visitor and speaker at Harvard University. As the former director of RAND’s Center for Asia Pacific Policy, Overholt held a distinguished chair at the Center. He has long been an important analyst of Asia. Dr. Overholt is the author of America and Asia: The Coming Transformation of Asian Geopolitics (RAND, 2007), as well as The Rise of China (W.W. Norton, 1993), which won the Mainichi News/Asian Affairs Research Center Special Book Prize. He has also written or co-written, Political Risk (Euromoney, 1982), Strategic Planning and Forecasting, with William Ascher (John Wiley, 1983), and Asia’s Nuclear Future (Westview Press, 1976). In 1976, he founded the semi-annual Global Assessment, with Zbigniew Brzezinski, and edited it until 1988. He has also spent 21 years running research teams for investment banks, including Nomura Securities, Bankers Trust, and BankBoston, mostly in Hong Kong or Singapore. Prior to his banking career, he was at the Hudson Institute, directing planning studies. This event was recorded on Zoom on April 15, 2020. The recording features the lecture, but not the public Q&A.

As the special Crisis Series within the Alpha Exchange continues, it was a pleasure to catch up with former colleague, George Goncalves.  A 20 year veteran on both the buy-side and sell-side, George most recently led the Fixed Income Strategy effort at Nomura Securities. Our discussion considers the post GFC regulatory landscape that emerged in the US Treasury market and how, over time, the Street’s capacity to bear risk was compromised even as the government’s appetite to run larger deficits grew.  George walks through how we got to September of 2019, when repo market disruption fired a loud warning shot that market plumbing was vulnerable to crack. The increased prominence of the relative value investor, whose strategies are short liquidity and volatility, has figured prominently in the breathtaking explosion of volatility in the risk-free complex and the resulting role the Fed has needed to play to support market functioning.  Looking forward, George sees the potential that rates are headed lower still, but, given the degree of government capital directed towards the economic sudden stop, ultimately see value in inflation protected securities like TIPS.  Thanks for listening and be safe.

Noel Tichy is one of the greatest names in leadership. His most recent book is JUDGMENT: How Winning Leaders Make Great Calls (with Warren Bennis). Tichy, who was named one of the “Top 10 Management Gurus” by BUSINESSWEEK and BUSINESS 2.0., is the founding editor and chief of HUMAN RESOURCE MANAGEMENT. Join Noel Tichy with Dr's Cathy Greenberg and Relly Nadler as he shares consulting experiences as a senior partner in Action Learning Associates, with clients including: Best Buy, GE, PepsiCo, Coca Cola, GM, Nokia, Nomura Securities, 3M, Daimler-Benz and Royal Dutch Shell.

This is your daily roundup for Wednesday, October 2, 2019.  Coinbase will start paying users 1.25% on USDC holdings, six Japan brokerages formed an STO association, and Parity Technologies released Parity Signer v3.0. ☕Buy me a coffee: https://glow.fm/mota Zuckerberg Addresses Libra KYC Concerns According to leaked comments from an internal Facebook meeting in July, CEO Mark Zuckerberg addressed Libra KYC concerns voiced by employees. From a transcript posted by the Verge, Zuckerberg stated “The public things, I think, tend to be a little more dramatic, but a bigger part of it is private engagement with regulators around the world, and those, I think, often are more substantive and less dramatic.” Zuckerberg admitted that the company has more work to do in dealing with money laundering and anti-terrorist financing. Japan Brokerages Form STO Association Six major Japanese brokerages, including Nomura Securities and Daiwa Securities have formed the Japan STO Association, a self-regulatory organization (SRO) for STOs. The association will devise rules and guidelines for issuance and will take on lobbying duties to develop security tokens as a product in the country. Earlier this year, Japan’s Act on Settlement of Funds and the Financial Instruments and Exchange Act were amended to regulate the sale of tokens. Under the new legislation, security tokens will be considered interests in a collective investment scheme, and buyers will have the right to receive distributions from the business of the issuer. The new regulations will be enforced once implementing orders and ordinances are issued by Japan’s Financial Services Agency. Coinbase USDC Holdings Pays 1.25% Coinbase has announced that it will pay an annual percentage yield (APY) of 1.25 percent on holdings of it’s USDC stablecoin. Coinbase users with at least one USDC in their account will automatically begin to accrue rewards on their holdings, paid monthly. Coinbase director of product Max Branzburg said the initiative will be financed from different pre-existing Coinbase revenue streams. He stated “We can pull from the profits we generate as a business to reward our customers for storing their assets on the platform. We’re fortunate to be able to do that as a profitable business.” Branzburg mentioned the possibility of a future program for other cryptocurrencies on the exchange. Parity Signer v3.0 Parity Technologies has released a new version of Parity Signer, a mobile application that turns old smartphones into hardware wallets. This app is meant to be used on a dedicated smartphone that is to be kept offline at all times. Parity Signer lets users generate or restore Kusama and Ethereum accounts and safely sign transactions without ever being connected to the internet. Offline, or “air-gapped,” wallets provide a simple form of protection from hackers and malware attacks. Parity suggests that smartphones running the app be kept on airplane mode at all times. For all accounts, users will receive a recovery phrase and choose a “pin” to sign transactions. Although the app’s code was part of Parity’s Trail of Bits audit, the company strongly suggests to use the app with caution and only store small amounts. Xpring Releases SDK Ripple’s Xpring is releasing an SDK for developers to integrate XRP apps and Ripple’s Interledger Protocol (ILP) in multiple programming languages. BitPay, mobile wallet BRD and digital custody provider Anchorage are all adding XRP support. Xpring, is the investment arm of Ripple, building a network of companies and use-cases around XRP.

In what I consider to be one of the best interviews thus far on According to Sources, Jason and I do a deep-dive into the situation between DVMT, VMW and Carl Icahn. What are the downside risks? Has Carl Icahn lost a step in recent years? What could a Rockwell Collins block from China mean for the entire merger-arb space? Does Dan Loeb stand ANY chance of winning the CPB board? We discuss these issues and much more.

Yoshimasa Satoh, CFA, is APAC’s Product Strategist and Solutions Specialist. He is also the Vice President at eVestment, which is a NASDAQ company. He has been in charge of portfolio management, multi-asset investment strategy and asset allocation model development throughout his career. Previously, he served as a portfolio manager of quantitative investment strategies at Goldman Sachs Asset Management and other companies. He started his career at Nomura Research Institute, where he led Nomura Securities’ equity trading technology team. Yoshimasa is a member of CFA Society Japan. He holds a bachelor’s and master’s degree of engineering from the University of Tsukuba. In this episode, Yoshimasa shares his worst investment ever story. He did not use his time horizons to plan his goals in life. He did not contemplate on thinking about his future. Instead, he worked so hard doing jobs he did not like at first. It was a good thing that later on, he took the leap to learn and exposed himself to the financial management industry which is his interest.    “You have to find your own career path. Find the best one for yourself and live your own best life.” - Yoshimasa Satoh     What do you want to hear from the My Worst Investment Ever Podcast? Tell us here!   Resources:  My Worst Investment Ever Book   myworstinvestmentever.com     Topics Covered:  00:57 – Yoshimasa Satoh’s professional and personal background 02:22 – Yoshimasa shares his worst investment ever story not investing his time for himself early on in his life 06:04 – Lessons that Yoshimasa learned from the experience, knowing what you really want to do and creating a long-term career plan for yourself 07:20 – Andrew’s breakthrough story with her sister, doing the things we are good at and doing the things we like and what we enjoy 11:37 – Yoshimasa’s actionable tip to avoid people from going through the same pain   Main Takeaways Lesson 1: To keep always be looking for the things you enjoy. For work and in like and try to pursue those. Not from an extent that you are always going to be happy, but you’d be doing the things you enjoy, rather than just making money from the things you did not enjoy. Investing in yourself is the best return on investment you can have. It may be investing in learning a new skill, personal and professional development or pursuing your passion. You need to give time to yourself so you can align your plan and achieve the life you want to live. Lesson 2: To focus on your future. You should always be writing your plans. It is like driving a car. When you are diving a car, you’ve got to look down and you’ve got to also look up. You just can’t focus on what is right in front of you. Or you’ll eventually crash. Lesson 3: Think of long-term. If companies are short-term focused, that gives a great opportunity for those companies that are long-term focused. So do not be afraid to take a long-term view, in your personal and professional life. It is not always going to be popular. But I can tell you over time you can win.   You can also check out Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr.Deming’s 14 Points   Connect with Yoshimasa Satoh Linkedin Twitter   Connect with Andrew Stotz: astotz.com Linkedin Facebook Instagram Twitter Youtube My Worst Investment Ever Podcast

In this in-depth interview, Jason Varano, Executive Director at Nomura Securities who focuses on Special Situations / Risk-Arbitrage sits down to discuss NXPI/QCOM, AABA/BABA, DVMT/VMW, AKRX and a little CBS/VIAB (the interview was conducted July 26th, the day before the New Yorker article on Moonves) Time Cues: Open:  Why I'm short CBS 3:47:  NXPI/QCOM 16:47:  AABA/BABA 21:00 DVMT/VMW 27:00  AKRX 33:00 CBS/VIAB 35:00   5 QUESTIONS   

The OPEC member's mismanaged economy is in freefall and its oil output collapsing. Siobhan Morden, head of Latin America fixed-income strategy at Nomura Securities, tells Martin Langfield how President Nicolas Maduro may lose power even if he wins a controversial May 20 election. See acast.com/privacy for privacy and opt-out information.

Nicholas Bernhardt Founder and Managing Director of GreenbizCheck Nicholas Bernhardt, Founder and Managing Director of GreenbizCheck. He is an ex-investment banker who held senior management roles at Standard Chartered Bank, Nomura Securities and Ameco Financial Services. In 2003 the world of investment banking lost its glitter and attraction and Nicholas started working as an advisor to organisations in the CSR space before setting up GreenBizCheck in 2007. GreenBizCheck (www.greenbizcheck.com) is an Australian based company that operates globally and which provides cloud-based, predictive Corporate Social Responsibility (CSR) solutions. They develop highly customised web applications centred around Supply Chain Management, Ethical Sourcing, Procurement and CSR Certification.

Noel Tichy is one of the greatest names in leadership. His most recent book is JUDGMENT: How Winning Leaders Make Great Calls (with Warren Bennis). Tichy, who was named one of the “Top 10 Management Gurus” by BUSINESSWEEK and BUSINESS 2.0., is the founding editor and chief of HUMAN RESOURCE MANAGEMENT. Join Noel Tichy with Dr's Cathy Greenberg and Relly Nadler as he shares consulting experiences as a senior partner in Action Learning Associates, with clients including: Best Buy, GE, PepsiCo, Coca Cola, GM, Nokia, Nomura Securities, 3M, Daimler-Benz and Royal Dutch Shell.

Bob Michele, JPMorgan's chief investment officer, says small and mid-cap companies in the U.S. are fine and that's being reflected in small-business confidence. Prior to that, Nomura Securities' George Goncalves says central banks don't like being in the limelight. Finally, George Friedman, founder of Geopolitical Futures, says North Korea appears to be close to having nuclear weapons. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

George Goncalves, head of U.S. rates strategy at Nomura Securities, discusses the changes to the Bank of Japan's monetary stimulus program. Goldman Sachs' Abby Joseph Cohen says U.S. stocks are not in a bubble. Atlas Merchant's Bob Diamond says he's looking to invest in European banks. The OECD's Catherine Mann says there is no sign of a major collapse in confidence post Brexit.u0010u0010(Corrects spelling of guest in headline) Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

George Goncalves, head of U.S. rates strategy at Nomura Securities, discusses the changes to the Bank of Japan’s monetary stimulus program. Goldman Sachs’ Abby Joseph Cohen says U.S. stocks are not in a bubble. Atlas Merchant’s Bob Diamond says he’s looking to invest in European banks. The OECD’s Catherine Mann says there is no sign of a major collapse in confidence post Brexit.u0010u0010(Corrects spelling of guest in headline)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: George Goncalves, Head of U.S. Interest Rates Strategy at Nomura Securities, on the outlook for bond markets after the dismal jobs report.

David Edwards is President and Wealth Advisor of the New York City-based Heron Financial Group, which he founded after previous associations with Morgan Stanley, J.P. Morgan Securities and Nomura Securities. The firm is a Registered Investment Advisor serving 95 families in the United States and Europe with financial planning, investment management and estate planning. Their discretionary accounts use a number of platforms that make it possible to provide individual clients with suitable portfolios that grow through asset allocation even when market conditions are adverse. Custom portfolios do not provide a meaningful comparative performance metric and are not reported. But using Heron's 3-Bucket Retirement Income Strategy, not a single retired client depending on their portfolios has ever had a reduction in their monthly draw. Edwards also talks about the economic outlook, bonds, elder care, and market history as an antidote to jitters.

David Edwards is President and Wealth Advisor of the New York City-based Heron Financial Group, which he founded after previous associations with Morgan Stanley, J.P. Morgan Securities and Nomura Securities. The firm is a Registered Investment Advisor serving 95 families in the United States and Europe with financial planning, investment management and estate planning. Their discretionary accounts use a number of platforms that make it possible to provide individual clients with suitable portfolios that grow through asset allocation even when market conditions are adverse. Custom portfolios do not provide a meaningful comparative performance metric and are not reported. But using Heron's 3-Bucket Retirement Income Strategy, not a single retired client depending on their portfolios has ever had a reduction in their monthly draw. Edwards also talks about the economic outlook, bonds, elder care, and market history as an antidote to jitters.

Nomura Securities’ Stephen Berkery discussed L&D industry trends while at our remote studio in New York City. Stephen Berkery / Nomura Securities Steve is Head of Talent & Diversity, Americas with Nomura. He has fifteen years of progressive business, organizational development, and training experience in the Financial Services and Retail industries. Steve has extensive leadership […] The post Stephen Berkery with Nomura Securities appeared first on Business RadioX ®.

Arthur Ainsberg, Director, Nomura Securities, Inc., and Baruch College Fund Trustee, conducts a seminar on the leadership lessons embodied and implemented by Sir Ernest Shackleton, one of the great British explorers of the early 20th century. Shackleton led one of the most fascinating survival stories in history: The 1914 Endurance expedition to Antarctica, an expedition that should have meant the death of 28 men if it were not for Shackleton's remarkable leadership. Baruch student Bhavesh Dalal joined the seminar as volunteer. Baruch MBA student Cassie Abrams introduces the speaker. The event takes place on April 29, 2009, at the Baruch College Vertical Campus, Room 14-220, as part of the Zicklin Graduate Leadership Speaker Series.

Arthur Ainsberg, Director, Nomura Securities, Inc., and Baruch College Fund Trustee, conducts a seminar on the leadership lessons embodied and implemented by Sir Ernest Shackleton, one of the great British explorers of the early 20th century. Shackleton led one of the most fascinating survival stories in history: The 1914 Endurance expedition to Antarctica, an expedition that should have meant the death of 28 men if it were not for Shackleton's remarkable leadership. Baruch student Bhavesh Dalal joined the seminar as volunteer. Baruch MBA student Cassie Abrams introduces the speaker. The event takes place on April 29, 2009, at the Baruch College Vertical Campus, Room 14-220, as part of the Zicklin Graduate Leadership Speaker Series.

Arthur Ainsberg, Director, Nomura Securities, Inc., and Baruch College Fund Trustee, conducts a seminar on the leadership lessons embodied and implemented by Sir Ernest Shackleton, one of the great British explorers of the early 20th century. Shackleton led one of the most fascinating survival stories in history: The 1914 Endurance expedition to Antarctica, an expedition that should have meant the death of 28 men if it were not for Shackleton's remarkable leadership. Baruch student Bhavesh Dalal joined the seminar as volunteer. Baruch MBA student Cassie Abrams introduces the speaker. The event takes place on April 29, 2009, at the Baruch College Vertical Campus, Room 14-220, as part of the Zicklin Graduate Leadership Speaker Series.

Noel Tichy is one of the greatest names in leadership. His most recent book is JUDGMENT: How Winning Leaders Make Great Calls (with Warren Bennis). Tichy, who was named one of the “Top 10 Management Gurus” by BUSINESSWEEK and BUSINESS 2.0., is the founding editor and chief of HUMAN RESOURCE MANAGEMENT. Join Noel Tichy with Dr's Cathy Greenberg and Relly Nadler as he shares consulting experiences as a senior partner in Action Learning Associates, with clients including: Best Buy, GE, PepsiCo, Coca Cola, GM, Nokia, Nomura Securities, 3M, Daimler-Benz and Royal Dutch Shell.

Noel Tichy is one of the greatest names in leadership. His most recent book is JUDGMENT: How Winning Leaders Make Great Calls (with Warren Bennis). Tichy, who was named one of the “Top 10 Management Gurus” by BUSINESSWEEK and BUSINESS 2.0., is the founding editor and chief of HUMAN RESOURCE MANAGEMENT. Join Noel Tichy with Dr's Cathy Greenberg and Relly Nadler as he shares consulting experiences as a senior partner in Action Learning Associates, with clients including: Best Buy, GE, PepsiCo, Coca Cola, GM, Nokia, Nomura Securities, 3M, Daimler-Benz and Royal Dutch Shell.

Noel Tichy is one of the greatest names in leadership. His most recent book is JUDGMENT: How Winning Leaders Make Great Calls (with Warren Bennis). Tichy, who was named one of the “Top 10 Management Gurus” by BUSINESSWEEK and BUSINESS 2.0., is the founding editor and chief of HUMAN RESOURCE MANAGEMENT. Join Noel Tichy with Dr's Cathy Greenberg and Relly Nadler as he shares consulting experiences as a senior partner in Action Learning Associates, with clients including: Best Buy, GE, PepsiCo, Coca Cola, GM, Nokia, Nomura Securities, 3M, Daimler-Benz and Royal Dutch Shell.

Noel Tichy is one of the greatest names in leadership. His most recent book is JUDGMENT: How Winning Leaders Make Great Calls (with Warren Bennis). Tichy, who was named one of the “Top 10 Management Gurus” by BUSINESSWEEK and BUSINESS 2.0., is the founding editor and chief of HUMAN RESOURCE MANAGEMENT. Join Noel Tichy with Dr's Cathy Greenberg and Relly Nadler as he shares consulting experiences as a senior partner in Action Learning Associates, with clients including: Best Buy, GE, PepsiCo, Coca Cola, GM, Nokia, Nomura Securities, 3M, Daimler-Benz and Royal Dutch Shell.