Barry Ritholtz

MARCH 4, 2025

The transcript from this weeks, MiB: Melissa Smith, co-Head of Commercial Banking at JPMorgan , is below. Melissa Smith is co-head of commercial banking for JP Morgan. Previously she was co-head of the bank’s Innovation Economy Group. Barry Ritholtz : This week on the podcast I have yet another extra special guest.

Banking 52

Banking Mergers and Acquisitions (M&A) Marketing Manufacturing 52

Global Finance

JUNE 14, 2024

Financial institutions have been facing tough challenges between economic uncertainty and an unprecedented technology-powered speed of change, especially since the Spring Bank Run of 2023. Overall, balanced risk management is the ultimate goal for banks. But, what does an AI-first financial institution look like?

Leverage 93

Leverage Risk Management Concentration Compliance 93

Global Finance

SEPTEMBER 23, 2024

Higher interest rates have cut the global total of initial public offerings nearly in half since 2021, reducing targets’ leverage on valuation. IPOs tend to work well where there is a very obvious peer group, and companies have patience to work through the investment banking cycle,” he says.

Valuation 104

Valuation Concentration Leverage Investments 104

Barry Ritholtz

AUGUST 26, 2022

Say what you will about Cathy Woods and ARKK, but a concentrated portfolio like hers makes more sense as a satellite to Vanguard’s Total Stock Market Index ETF (VTI) or the S&P 500 (SPY) versus this unholy mess of high-cost high turnover SMA.

Concentration 141

Concentration Benchmarking Investments Accounting 141

Future CFO

JULY 17, 2023

As central banks increase interest rates to combat inflation, treasurers should aggressively put cash to use—many still have not and leave money on the table. Treasurers should take leverage in-house banking, payments-on-behalf (POBO) and collections-on-behalf (COBO) models, and virtual accounts.

Treasury 98

Treasury Forecasting Cash Management Concentration 98

CFO News Room

FEBRUARY 2, 2022

An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. dollars or other currencies around the world, but they are not generally backed or supported by any government or central bank.

Concentration 130

Concentration Investments Securities Currencies 130

Global Finance

SEPTEMBER 9, 2024

That means corporate treasurers are collaborating closely with other business units and leveraging data and analytics to supply critical insights into finance and risk issues and improve cash flow. This is a gap that their main banking partner might be willing to fill.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

PYMNTS

APRIL 15, 2019

Specifically, who knows what dangers — for banks, at least — lurk in shadow banking, as FinTechs emerge to nibble at market share? In the United States, there’s a bit of concentration here, as 29 percent of shadow banking is tied to the country, at $15 trillion in assets. Who knows what dangers lurk in the shadows?

Financial Systems 70

Financial Systems Banking Leverage Concentration 70

PYMNTS

JULY 26, 2017

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. The federal banking system is, and should be, a source of strength for the nation and its economy.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

SEPTEMBER 23, 2019

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. Investments in digital banking are paying dividends for CUs by improving membership and creating more efficient services.

Concentration 63

Concentration Leverage Healthcare Advertising 63

PYMNTS

DECEMBER 8, 2019

Firms like Google, Alibaba and Facebook could be forced to share data with banks and FinTech firms. Banks are required to share customer data with rival FinTech firms, and “this may need to be the case with Big Tech, too,” the FSB said in the report.

Financial Data 52

Financial Data Concentration Auditing Leverage 52

PYMNTS

JULY 31, 2019

Banks are increasingly focusing on the fundamentals when determining their innovation agendas. PYMNTS surveyed more than 200 FI decision-makers to examine the specific innovation areas in which banks are focusing on, now, and in the years ahead. This area will be especially important for the FIs that scored lower in our Index: 62.5

Concentration 60

Concentration Banking Technology Leverage 60

PYMNTS

JANUARY 24, 2019

SWIFT’s gpi service is supported by hundreds of banks, and is used to send more than $300 billion in payments every day. We also saw a 350 percent increase last year in customers sending live payments, and we’re beginning to see more customers flip the switch and leverage XRP for on-demand liquidity.”. million, as of May 31.

Concentration 62

Concentration Banking Leverage Retail 62

Global Finance

SEPTEMBER 9, 2024

However, Xavier Ferràs, associate dean of the Executive MBA program at Esade Business and Law School in Barcelona, Spain, points out that China’s market and economic systems are less efficient in leveraging these investments. AI’s positive impact will be concentrated, initially, “in a limited number of sectors.”

Economics 111

Economics Construction Leverage Technology 111

PYMNTS

OCTOBER 12, 2020

Fraudsters, like merchants, follow where consumers lead, meaning that fraud prevention tactics have always been changing for banks, payment providers and retailers. Using automated technologies that can create that necessary fraud barrier also means that retailers can concentrate more on responding to consumers’ changing payment needs.

Retail 79

Retail Concentration Leverage Entertainment 79

PYMNTS

OCTOBER 1, 2018

Ten years after Visa and Mastercard launched, they had each licensed their tech to thousands of banks that had cards in the hands of millions of consumers, who were using them to buy things at millions of merchants. If it sounds a lot like how global card networks and bank rails operate today, it should.

Currencies 85

Currencies Concentration Financial Systems Leverage 85

PYMNTS

DECEMBER 23, 2019

However, it is a quickly changing industry, thanks to digital banking. Its omnipresence is altering how members want to interact with their CUs, though regulatory and compliance issues often mean that members cannot reasonably expect the same lightning-fast interactions they might get from banks and FinTech firms. About The Tracker.

Concentration 52

Concentration Leverage Banking Compliance 52

Global Finance

JULY 26, 2024

In the Asia-Pacific region, geopolitical risks and supply chain diversification require contingency planning by corporates, and banking partners who can help treasurers mitigate foreign exchange risk to protect profit margins. It enables customers of different banks to make and receive domestic real-time payments.

Cash Management 52

Cash Management Treasury Foreign Exchange Concentration 52

PYMNTS

AUGUST 3, 2016

Ninety percent of the $10 trillion “push” payments market opportunity is concentrated in a variety of disbursements made between businesses and consumers that today rely on cash, checks and ACH to move money between those parties. including payments to non-Visa branded debit cards as well.

Planning 50

Planning Concentration Healthcare Accounting 50

Future CFO

OCTOBER 2, 2023

Private fund firms are now putting idle cash to work in money market funds (MMFs), which has the dual benefit of earning a yield from cash holdings in addition to mitigating concentration risk. These expenses generally range from 15 to 20 basis points per annum on the institutional class of shares,” Quinn said.

Cash Management 52

Cash Management Marketing Treasury Concentration 52

Global Finance

OCTOBER 14, 2024

Multinational and behemoth private banks increasingly view Latin America as a cornerstone of their growth strategy. Recently, global giants including Citi, UBS, BBVA, and Santander have revamped their teams and opened new divisions in the region, aiming to leverage their leading global offerings for a larger piece of the wealth pie.

Banking 59

Banking Investments Concentration Prioritization 59

PYMNTS

OCTOBER 15, 2018

As noted by the Conference of State Bank Supervisors (CSBS), state regulators earlier this month released the inaugural Money Services Business Industry Report, which featured transaction data tied to 2017 and focused on licensed money transmission and payments. From a high-level view, the industry handled $1.2

Concentration 68

Concentration Currencies Numbers Leverage 68

CS Lucas

NOVEMBER 29, 2023

Under a syndicated loan structure, a group of banks join together to provide credit facilities and distribute risk across multiple lenders. It is also an opportunity to establish banking relationships with banks that they do not otherwise have dealt with on a regular basis.

Technology 52

Technology Treasury IFRS Compliance 52

PYMNTS

MARCH 28, 2019

The lenders (think of banks and other traditional conduits) or would-be lenders look at the SMB owners’ FICO scores, “and maybe you look at some business data,” Rymarz pointed out, such as tax returns or bank statements. The average APR on merchant cash advances can be 150 percent, which can be prohibitively expensive for the borrower.

B2B 52

B2B Invoicing Concentration Finance 52

PYMNTS

AUGUST 9, 2019

FinTech investments targeting B2B and corporate services spanned the globe, with particular concentration this past week in SMB lending across India and Europe. The technology helps small and mid sized firms access loans from banks and other financial providers. The combined total is about $396 million for the week in VC funding.

B2B 46

B2B Accounts Payable Concentration Leverage 46

CFO Share

APRIL 11, 2024

A more nefarious version occurs when your vendor’s email gets hacked and the fraudster (using the vendor’s actual email address) claims they changed bank accounts. Outsourced bookkeeping services leverage size and scale to deploy policies faster and cheaper than your small business could.

Securities 52

Securities CFO Invoicing Education 52

CFO News Room

DECEMBER 5, 2022

The most prominent of which is Facet Wealth, which has stated a goal of getting advisors up to 250 clients/advisor by leveraging their own proprietary technology to make their advisors maximally productive. Which Huntington intends to integrate into its existing online platform for its banking customers.

Planning 130

Planning Technology Valuation Communication 130

Global Finance

SEPTEMBER 5, 2024

In Brazil, the Pix payment system lets people, corporations, and governments transfer and accept funds instantly, 24 hours a day—even when banks are closed. BTG Pactual created boostLAB in 2018 to help the bank become a destination for tech companies banking in Latin America. DeLorean] didn’t start as an anti-fraud solution.

Startups 52

Startups Banking Finance Technology 52

PYMNTS

DECEMBER 20, 2017

Cannabis’ status as a schedule-one narcotic means the federally chartered banks, the card networks and the traditional payments ecosystem have made it clear that they’d like to steer clear. You have large numbers of patients with cash in their pockets in concentrated locations, which creates a lot of targets. The Power Of Transparency.

Concentration 47

Concentration Accounting Banking Currencies 47

Barry Ritholtz

SEPTEMBER 3, 2024

Heather Brilliant : I worked at Bank of America and, and they had a wonderful corporate finance training program. Heather Brilliant : Well, actually I had, I had pursued the CFA program first, and I learned about the CFA from a colleague at Bank of America, and I got right on it. Barry Ritholtz: Huh, really, really interesting.

Investments 59

Investments Valuation Concentration Marketing 59

Barry Ritholtz

SEPTEMBER 12, 2022

It’s a town of about 4,000 people, so exposure to markets or investment banking or any of the careers in finance was not something that you really envisioned. It was at Bank One, at the time. BITTERLY MICHELL: Not in leveraged, no, not at all, give more …. RITHOLTZ: There’s always risk involved with counterparties ….

Investments 119

Investments Marketing Profit and Loss Banking 119

Barry Ritholtz

AUGUST 16, 2022

So just practically speaking, there’s going to be less to do if you’re trading German interest rates, and the central banks not moving them for 10 years. We’ve got central banks all over the world starting to move. And I think the problem that inflation causes for central banks are not going away so quickly.

Profit and Loss 122

Profit and Loss Foreign Exchange Valuation Investments 122

Barry Ritholtz

DECEMBER 19, 2023

So after my experience in Baltimore, I, I wanted to pivot to finance and came back to school and applied to every major investment bank that did not go so well. Most, most of the kids that were going into banking at that time already had their jobs. And I didn’t have a background that banks wanted. No one called me back.

Healthcare 64

Healthcare Investments Construction Concentration 64

PYMNTS

MAY 9, 2016

The latest Nielsen study tells us that most people only use 27 of them – and concentrate 80 percent of their activity in five – Facebook, Google Play, Google Search, YouTube and Messenger. . Alexa is leveraging the power of voice to enable contextual and conversational commerce to happen. But that’s just one scenario.

Sales 42

Sales Retail Leverage Concentration 42

Barry Ritholtz

MARCH 7, 2023

But to me, at the same time, I was finding this concentration on passive investing also problematic because passive investing works when the markets are efficient, and the markets are efficient when there is enough trading happening for new information to be incorporated in the prices. VASSALOU: Central banks. RITHOLTZ: Sovereigns.

Investments 69

Investments Marketing Risk Management Economics 69

Barry Ritholtz

DECEMBER 6, 2022

So, yeah, I had a career in investment banking with Jefferies, and it was a really good professional experience because I do have the opportunity to work in M&A, equity and debt financing. I had the chance to be part of some very interesting transactions in the banking space. billion deal. BERRUGA: Yeah, speed. RITHOLTZ: Yeah.

Investments 64

Investments Marketing Numbers Risk Management 64

CFO Talks

FEBRUARY 20, 2024

The conversation delves into the evolving landscape of the telecom industry, the impact of technology on business models, and the necessity for CFOs to embrace change and innovation, particularly in leveraging AI for forecasting and strategic planning. And you pick up a phone or you set up an appointment and you get these guy’s input.

Leadership 52

Leadership CFO Accounting Finance 52