31 episodes

Hosted by the European American Chamber of Commerce (EACC), which is a unique platform where Europeans & Americans connect to do business. In these podcasts, the EACC in New York brings you relevant insights from our dynamic network of business executives representing various key industries from both sides of the Atlantic. This transatlantic setting provides you with valuable information and resources affecting business activities between Europe and the United States. Learn more and get involved here: www.eaccny.com

EACCNY Pulse: Transatlantic Business Insights EACCNY

    • Business
    • 5.0 • 3 Ratings

Hosted by the European American Chamber of Commerce (EACC), which is a unique platform where Europeans & Americans connect to do business. In these podcasts, the EACC in New York brings you relevant insights from our dynamic network of business executives representing various key industries from both sides of the Atlantic. This transatlantic setting provides you with valuable information and resources affecting business activities between Europe and the United States. Learn more and get involved here: www.eaccny.com

    1. Future of Trade: Taking out the Spice of NI's Trade & Supply Chain Challenges

    1. Future of Trade: Taking out the Spice of NI's Trade & Supply Chain Challenges

    In this episode of “A look into the Crystal Ball on the Future of Trade,” hear Lucinda Creighton, CEO of VULCAN CONSULTING LTD., and Rob Heron, Partner at EY Belfast, discuss the post-Brexit landscape of Northern Ireland (NI), as well as, the associated challenges/opportunities for businesses under the Northern Ireland Protocol. EY and Vulcan Consulting our both members of the EACCNY. Enjoy!

    Lucinda Creighton, CEO, VULCAN CONSULTING
    Lucinda Creighton is a former Irish Minister for European Affairs and CEO of Vulcan Consulting Ltd. She was a member of the Irish Parliament for nine years.  As Minister for European Affairs Lucinda ran Ireland’s Presidency of the Council of the European Union in 2013, and represented the EU in initial trade talks with the United States, leading to the formal start of TTIP negotiations in 2013. From 2012 to 2014 she also served as Vice President of the European People’s Party – the largest political party in Europe. Lucinda is an advisory board member of the International Republican Institute and the European Council on Foreign Relations. By training, she is a barrister and qualified as a New York attorney.

    Rob Heron, Partner at EY Belfast
    As a Tax Partner based in EY's Belfast office, Rob leads a team of 80 tax professionals delivering tax advice to a wide range of companies, partnerships and high net worth individuals.
    His broad experience includes advising on group re-organizations, raising finance, debt restructuring, international tax structuring as well as acquisitions and disposals.
    Rob's clients range from fast-growing entrepreneurial businesses to large multinationals and household names. His clients operate across a number of sectors, including retail, manufacturing, technology and construction, with a particular focus on the agri-food industry.
    Leading the EY Entrepreneur of the Year Programme in Northern Ireland, Rob has advised a large number of entrepreneurial businesses in the province and as EY’s Brexit lead in Northern Ireland, he has played a crucial role in advising a range of clients on the implications of the UK leaving the EU.
    Rob holds a degree in Agricultural Economics from Queen’s University Belfast.

    • 24 min
    The EU’s Quarterly Economic Update & Post-Pandemic Recovery, Summer 2021

    The EU’s Quarterly Economic Update & Post-Pandemic Recovery, Summer 2021

    This episode features Kristian (Kris) Orsini, Counsellor for Economic and Financial Affairs at the Delegation of the European Union to the United States, in conversation with Yvonne Bendinger-Rothschild, Executive Director of the EACCNY. Their discussion centers around the European Union's Summer 2021 Economic Forecast. Enjoy!

    Executive Summary

    The improving health situation and ensuing continued easing of virus containment measures are putting the EU economies back in motion. The near-term outlook for the European economy looks brighter than expected in spring. The contraction of GDP in the first quarter of the year turned out to be marginal, and milder than suggested by Eurostat’s Preliminary Flash Estimate, which was incorporated into the Spring Forecast. Falling numbers of new infections and hospitalisations, thanks to an effective containment strategy and progress in vaccination, have led EU Member States to reopen their economies, to the benefit of service sector businesses, in particular. Upbeat survey results among consumers and businesses, as well as data tracking mobility, suggest that a rebound in consumption is already underway and set to strengthen in the coming months. There is also evidence of a beginning revival in tourism activity, which should also benefit from the new EU Digital COVID Certificate. Together, these factors are expected to outweigh the temporary production input shortages and rising costs hitting parts of the manufacturing sector.
    Overall, GDP is now forecast to grow by 4.8% in 2021 and 4.5% in 2022 in both the EU and the euro area. The volume of output is projected to return to its pre-crisis level (2019-Q4) in the last quarter of 2021, which is one quarter earlier than expected in the Spring Forecast for the euro area. However, economic activity in the fourth quarter of 2022 would remain about 1% shy of the level that was expected before the pandemic, based on an extrapolation of the Winter 2020 Interim Forecast. The speed of the recovery will vary significantly across the Member States. Some are expected to see economic output return to their pre-pandemic levels by the third quarter of 2021, but others would take longer.

    The forecast for inflation this year and next has also been revised upwards, though retaining a hump-shaped profile. Rising energy and commodity prices, production bottlenecks due to the shortage of some input components and raw materials and capacity constraints vis-à-vis booming demand both at home and abroad are expected to put upward pressure on consumer prices this year. In 2022, pressures are assumed to moderate gradually as supply constraints resolve, order backlogs clear, and demand growth moderates. Accordingly, inflation in the EU is now forecast to average 2.2% this year and 1.6% in 2022 (+0.3 and +0.1 pps., respectively, compared to the Spring Forecast). In the euro area, inflation is forecast to average 1.9% in 2021 (+ 0.2 pps.) and 1.4% in 2022 (+0.1 pps.).

    Uncertainty and risks surrounding the growth outlook are high but remain overall balanced. The threat posed by the spread and emergence of variants of concern underscores the importance of a further rapid increase in full vaccination. Economic risks relate in particular to the response of households and firms to changes in restrictions and the impact of emergency policy support withdrawal.

    Inflation may turn out higher than forecast if supply constraints are more persistent and price pressures are passed on to consumer prices more strongly.

    • 30 min
    Towards a Renewed Transatlantic Partnership: Special Briefing by the European Union Ambassador to the US

    Towards a Renewed Transatlantic Partnership: Special Briefing by the European Union Ambassador to the US

    In this episode of “EACCNY Pulse: Transatlantic Business Insights,” hear Stavros Lambrinidis, Ambassador of the European Union to the United States, and Rob Cox, Global Editor of Breakingviews at Reuters, discuss the main outcomes of the EU-US Summit and the key priorities of a renewed transatlantic partnership including trade, technology, and human rights.

    Stavros Lambrinidis is the Ambassador of the European Union to the United States, as of March 1, 2019. From 2012 to February 2019, he served as the European Union Special Representative for Human Rights. In 2011, he was Foreign Affairs Minister of Greece. Follow him on Twitter @EUAmbUS.

    Rob Cox helped found Breakingviews.com in 2000 in London. From 2004 he spearheaded the startup publication's expansion in the United States and edited daily Breakingviews columns in the New York Times and the Wall Street Journal.

    • 27 min
    5. Future of Finance: Can AI Heal Cognitive Dissonance in Data Analytics with Armando Gonzalez, CEO of RavenPack

    5. Future of Finance: Can AI Heal Cognitive Dissonance in Data Analytics with Armando Gonzalez, CEO of RavenPack

    In this episode of “A look into the Crystal Ball on the Future of Finance,” hear Armando Gonzalez, CEO & Founder of RAVENPACK, and Andrea Fiano, Editor of GLOBAL FINANCE MAGAZINE, discuss how Artificial Intelligence (AI) and the huge amounts of data we have at our fingertips can be utilized to measure sentiment; additionally, how AI may be able to counteract (for now) the inevitable effect of cognitive dissonance of the human analysis.  Enjoy!

    Armando Gonzalez, CEO and Co-Founder of RAVENPACK, is a technology entrepreneur and the CEO and Co-founder of RavenPack, the leading provider of big data analytics for financial institutions. At RavenPack, he oversees all product design and engineering of the company’s data products and analytical tools. Armando is a recognized expert in applied big data and artificial intelligence (AI) technologies. He is widely regarded as one of the most knowledgeable authorities on systematic data analysis in finance.

    He is a recognized speaker at academic and business conferences across the globe. Armando holds degrees in Economics and International Business Administration from the American University in Paris. As a thought leader, his commentary and research has appeared in leading business publications such as the Wall Street Journal, Financial Times, among many others.

    Andrea Fiano is the Editor of GLOBAL FINANCE MAGAZINE since 2011. A native of Italy, he was previously the US bureau chief of the Italian financial daily paper MF-Milano Finanza and of the TV station Class-CNBC. He has been a financial journalist for over 30 years, and is a resident of New York City. He graduated in Sociology and Political Science at Hebrew University, and has since taken media and journalism courses at Stanford, Wharton and the New School.

    • 30 min
    4. Future of Finance: Addressing Climate Risks with Eila Kreivi, Director & Head of Capital Markets at the EIB

    4. Future of Finance: Addressing Climate Risks with Eila Kreivi, Director & Head of Capital Markets at the EIB

    In this episode of “A look into the Crystal Ball on the Future of Finance,” hear from Eila Kreivi, Director & Head of Capital Markets at the EIB, as she speaks with Jayme Colosimo, Global Lead ESG & Head of North America, Business Advisory Services, Markets, at CITIGROUP. Their discussion focuses around how the EIB is aligning investments with the Paris Climate Accord and the European Taxonomy, as well as the development of technical screening criteria to make sure the investments are measurable and compliant with the set ESG requirements.

    Eila Kreivi is Director and Head of the Capital Markets Department at the EUROPEAN INVESTMENT BANK.

    Previously, she worked as Head of Funding for the Americas, Asia & Pacific at the EIB. Prior to joining the financing arm of the European Union in 1995, Eila Kreivi worked at the Union  Bank  of Finland and Société Générale, in Helsinki and in Paris.

    She holds a Master of Science degree in Economics from the University of Abo Akademi in Finland. In addition to her native language of Finnish, she is fluent in English, French  and Swedish.

    Eila Kreivi Chaired the Executive Committee of the Green Bond Principles in 2015-2018. She has represented the EIB at the EU High-level Expert Group on Sustainable Finance in 2017-2018, established by the European Commission.

    Currently, Ms Kreivi is an alternate member of the Board of Directors of the European Investment Fund (EIF). She also represents the EIB at the Technical Expert Group on Sustainable Finance created by the European Commission in 2018. In July 2020, she was elected as member of the Board of International Capital Market Association (ICMA).

    Jayme Colosimo is the Global Lead ESG & Head of North America, Business Advisory Services, Markets, at CITIGROUP, a thought leadership and global coverage strategic advisory group providing consulting, content, and insights to the C-Suite of Citi’s top 100 Global Markets clients on the innovation, regulatory, and technology trends impacting the investment management industry.

    Prior to joining Citi in 2018, Jayme served as a Senior Economist and Strategic Advisor to White House and senior U.S. policy makers on global macroeconomic, geopolitical, and international banking issues. She managed intelligence analysts focused on national security issues, developing an expertise in alternative data and analytics, cybersecurity, and financial applications of emerging technologies. 

    Jayme holds a Professional Certificate in Data Science from the University of California, Berkeley and completed sponsored Executive Education at The John F. Kennedy School of Government at Harvard University. She holds a certification in Advanced Editing from the Poynter Institute School of Journalism and in 2020, graduated from a year-long certificate program in Data Visualization from Parsons School of Design. She holds an M.B.A. with an emphasis in Organizational Behavior and a Bachelor of Arts in International Business from Westminster College in Salt Lake City, Utah. Jayme is an AA Certified Advanced Robotics Process Automation (RPA) Professional Developer, an American Marketing Association (AMA) Professional Certified Content Marketer, and holds Series 7 and Series 63 securities licenses.

    • 24 min
    3. Future of Finance: The Future of Collateral with Brian Ruane, CEO of BNY Mellon’s Collateral Management

    3. Future of Finance: The Future of Collateral with Brian Ruane, CEO of BNY Mellon’s Collateral Management

    In this episode of “A look into the Crystal Ball on the Future of Finance,” listen to Brian Ruane, CEO of BNY MELLON's Government Securities Services Corp. and Clearance & Collateral Management; as he speaks with Yvonne Bendinger-Rothschild, Executive Director of the EACCNY.  Brian will walk us through BNY Mellon’s $4 trillion Clearance & Collateral Management business and how the collateral market is transforming the financial space since the start of the pandemic, and on both sides of the Atlantic.

    Brian Ruane is the Chief Executive Officer of BNY MELLON Government Securities Services Corp., Clearance & Collateral Management and Credit Services.  He is also a member of BNY Mellon’s Executive Committee. Brian leads BNY Mellon’s government securities clearance business as well as the firm’s collateral management franchise.

    Prior to his current role, Brian led Global Client Management, Alternative Investment Services and Prime Services.  Brian has been a member of the Pershing LLC’s Executive Committee since 2015. Brian was a key voice on the Federal Reserve Bank of New York’s Triparty Repo Infrastructure Reform Task Force, which drove systemic changes to ensure that the triparty repo market functions effectively and efficiently. He also served on the Federal Reserve Bank of New York’s Working Committee on The Future of the US Government Securities Markets.

    Brian is a frequent speaker on market structure and triparty repo. His recent papers include The Future of Wholesale Funding Markets and The Pandemic Stress Test.

    Brian is also the executive sponsor for the GENEDGE Network, a BNY Mellon Business Resource group focused on diversity. Brian is a member of the Dean’s Advisory Board of Hofstra University’s Zarb School of Business. Brian is also a member of the Chartered Association of Certified Accountants and is FINRA Series 7, 24, 63 and 66 licensed.

    Yvonne Bendinger-Rothschild, Executive Director of the EACCNY since October 2010. Prior to joining, she has worked and consulted for a number of non-profits and for-profits where she significantly contributed to their growth by raising their public profiles, geographic foot print and relevance within their respective industries. In her roles, she has worked with clients and partners across the US, in Europe, Latin America and Asia.

    Her priority is to create value for its membership and help grow the organization and its influence on both sides of the Atlantic. To that extend she is spearheading EACC’s international expansion strategy and is working with partners across the U.S. and Europe to identify & develop suitable locations and collaborators to expand the EACC chapter network.

    • 25 min

Customer Reviews

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3 Ratings

Chris Simotas ,

Love this

Love listening to this podcast as they bring on a wide spectrum of experts on to talk about the various issues like my favorite Brexit

J_M_G33 ,

Solid

A diverse overview of interesting key issues

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