Download PDF Introduction From barters and coins to cash pooling to cashless exchanges, the payments industry has undergone a massive transformation since its inception. During the era of booming e-commerce, payment methods are evolving rapidly, with the scope of becoming faster, simpler, and more secure for all parties. The main Read more…
Download PDF An introduction to steel making and its impact on global greenhouse gas emissions The steel industry is of key importance for the global economy as steel is a key input in many other industrial sectors essential to the functioning of the wider economy, such as mechanical and electrical Read more…
Download PDF BBVA (MCE: BBVA.MC) – market cap as of 27th November 2020: €26.34bn PNC (NYSE: PNC) – market cap as of 27th November 2020: $53.23bn Introduction On November 16th BBVA, Spain’s second-largest bank, and PNC Financial Services Group announced that they have signed a definitive agreement for PNC to Read more…
Download PDF An introduction to the airline industry and the ecosystem around it When assessing the state of the economy of a country, sometimes we overlook the importance that the airline industry plays in its smooth functioning. This is due to the fact that its contribution to GDP is only Read more…
Download PDF A primer on the Airport industry in Europe This second part on the air transport industry reaction to the COVID-19 pandemic (part one here) will focus on the infrastructure investment business revolving around airport ownership. Airports are a significant piece of infrastructure that enables air travel. As we Read more…
Download PDF V.F. Corporation – (VFC:BYSE) – market cap as of 20th November 2020: $33.1bn Supreme – privately owned company Introduction VF Corp., which owns brands including Dickies, The North Face, Vans, and Timberland, is buying Supreme, the streetwear fashion brand, directly from its founder James Jebbia and two private Read more…
Download PDF Introduction From iconic names such as Google, Facebook, Uber and Alibaba to biotech or renewable energy companies, venture capital has funded some of the most prominent companies in today’s economy. Yet, it has also been a center stage for some of the most spectacular crashes such as Read more…
Download PDF Inspire Brands – privately owned by Roark Capital Group Dunkin’ Brands Group (DNKN:NASDAQ) – market cap as of 13th November 2020: $8.7bn Introduction On the 30th of October 2020, Inspire Brands announced its commitment to acquire Dunkin’ Brands Group, one of the few franchising companies focused on coffee Read more…
Download PDF This article looks at the top trends impacting the semiconductor industry right now. 1. Moore’s law is hitting a brick wall Moore predicted that the number of transistors on a chip would double roughly every two years. This held true for several decades and became known as Moore’s Read more…
Download PDF Tesco plc (LSE: TSCO) – market cap as of 13th November 2020: €22.00bn Charoen Pokphand Group Co. (Privately held) – estimated revenue in 2018: $63bn Introduction Early in 2020, Tesco solicited bids for its southeast Asian Operations. The British grocery chain was looking to simplify its business and Read more…
Download PDF In the COVID-19 induced chaos and disarray, numerous industries have been hit even harder than others. The energy sector in particular looks certain to undergo a severe, general transformation. Throughout this year the energy sector’s indexes in the US and Europe (S&P 500 energy and MSCI Europe energy) Read more…
Download PDF Introduction On October 8th, 2020, Morgan Stanley announced its acquisition of Eaton Vance Corp., a publicly listed, Boston-based asset manager with over $500bn in AUM. The firm will acquire all the shares of Eaton Vance on a 50% cash-50% stock basis. Based on Morgan Stanley’s share price on Read more…
Introduction On November 5th, the world’s highest-valued fintech company, Ant Group, had plans to list its shares on the Hong Kong and Shanghai Stock Exchanges in the largest IPO in history, aiming to raise a total of $37bn and to surpass Saudi Aramco’s record of $29bn from December last year. Read more…
Download PDF Introduction This article explores the short-term commercial financing landscape and the most important financial instruments therein. We elaborate on how the coronavirus affected short-term financing of SMEs and how institutions intervened to avoid large scale insolvencies. Subsequently, we detail the most important practices within trade finance and in Read more…
Download PDF The Telco Business The importance of the telecom industry has been brought to light in recent months as the global pandemic forced millions to work from home resulting in huge increases in reliance on mobile phone networks and broadband. The telecommunication sector, as a whole, can be Read more…