Getting through to the UK Investment Banking Series finals

By Brandon Rodrigues, third year BSc Finance & Investment Banking student at the ICMA Centre I had the opportunity to participate in this year’s UK Investment Banking Series (UIBS) event, and I must say it was a fun ride. UIBS is an annual competition organized by 5 finance societies of various universities. It consists of…

Still fretting about re-hypothecation

There is a widely quoted paper re-use and re-hypothecation by Egemen Eren — Intermediary Funding Liquidity and Rehypothecation as Determinants of Repo Haircuts and Interest Rates (Institute of Global Finance, 2015) — which provides another example of the danger for researchers of disregarding the difference between the re-use of collateral sold in repo (re-selling) and…

Academics, you re-hypothecate at your risk!

In a blog in May 2015, I tried to explain that, outside the US repo market, it was incorrect to use the term ‘re-hypothecation’ to describe the use of collateral purchased in a repo by its buyer. Such use is usually termed ‘re-use’ but would be better called ‘re-sale’. The crux of the matter is…

My unforgettable first week in a brand new environment 

By Xuefei Zhu, China, MSc International Securities, Investment and Banking When I first arrived in the UK, almost everything was new to me. I came from China to study here and it was my first time studying in a new country. But despite that I had an amazing first week, and several things impressed me…

Career switch: From International Relations to a Masters in Finance

My name is Martin and I’ve just started studying MSc International Securities, Investment and Banking at the ICMA Centre, part of Henley Business School. Making the switch I previously studied European Studies and International Relations but (as many people do) I decided that I needed a career change. Even though I don’t have an academic…

Kind of a big deal: AT&T and Time Warner acquisition

– by Nikolaos Antypas, ICMA Centre PhD student There is a major acquisition in the making, which may have dominated your business news stream: AT&T (2nd largest mobile network provider in the U.S.; acquirer) has reached an agreement with Time Warner (4th largest content provider in the U.S.; target; also, Na na, Na na Na…

3 tips for getting a career in Finance – by alumnus Ben Deverell

My name is Ben Deverell, and I’m a career commercial banker with roles spanning operations, risk, strategy and business management. I’m currently a senior member of our Financial Institutions business, supporting clients with their financing, investment, risk management and banking needs. To any current students looking to start a career in finance: the financial industry is a great place to work and I…

FUND RATING – by ICMA Centre alumnus Steve Gruppetta

Steve Gruppetta studied MSc in International Securities, Investment and Banking at the ICMA Centre, and is now a finance professional and a consultant within EY’s Transaction Advisory Services after joining the practice from the asset management industry.  What if we rate investment funds? “Steve, this supposedly well-managed fund is losing money! My financial planner said it…