A Dictionary of Finance-logo

A Dictionary of Finance

Business & Economics Podcasts >

More Information

Location:

Luxembourg

Twitter:

@EIBMatt

Language:

English

Contact:

+352691286568


Episodes

Private equity: Show us the love money

8/26/2018
More
Why do some companies decide not to sell shares on public exchanges? And who buys private equity? A Dictionary of Finance finds out. We also learn what "love money" is.

Duration:00:34:56

Project finance: Can you drive a special purpose vehicle?

8/19/2018
More
From hospitals to schools and toll roads, project finance can be a valuable way to handle risk. Here’s how project finance works.

Duration:00:19:39

Anti-fraud: CSI for bankers

8/12/2018
More
How do banks track possible fraud? Take a look inside bank fraud investigations and forensic accounting.

Duration:00:28:23

Risk models: What's your distance to default?

8/5/2018
More
You don’t need a Ph.D to run bank risk models. But it helps. So A Dictionary of Finance got two superterrific scientists to explain. It’s important because bank risk models are central to the assessment of financial risk by banks.

Duration:00:28:23

Macroeconomics makes economics simple

7/29/2018
More
Find out how macroeconomics works with an overview of Adam Smith and the invisible hand, the Keynesian approach and the Chicago school. Macro (big) is the opposite of micro (small). So macroeconomics is the opposite of microfinance, right? Sorry, things are never that simple in banking. Listen to our episode on microfinance to see what that’s all about. And listen to this episode so you’ll know how macroeconomics works. In fact, you’ll see that, in a way, the main role of macroeconomics is...

Duration:00:24:59

How Europe's investment fund hit its target

7/18/2018
More
The European Fund for Strategic Investments (EFSI) hits a big target today. We mark the delivery of €315 billion in investment through this programme by turning A Dictionary of Finance into an EFSI podcast with Iliyana Tsanova, deputy managing director of EFSI. She lays out the reasoning behind the programme, which was created as part of Europe’s response to the global financial crisis. Administered by the European Investment Bank, EFSI consists of a guarantee from the EU budget and some...

Duration:00:26:00

M&A: When the financial gloves come off

7/15/2018
More
If you want to know how mergers and acquisitions work, you’d best ask a lawyer. Because there are legions of them involved in any M&A deal (as mergers and acquisitions are known). We hear from two lawyers with extensive experience in M&A, as well as other aspects of corporate law and equity financing, about exactly how mergers and acquisitions work. Alexandra Slack, senior legal counsel at the European Investment Fund, and her European Investment Bank colleague Tom Nguyen take us through...

Duration:00:28:39

Social finance: Warm, fuzzy banks

7/8/2018
More
Let’s face it, people don’t like bankers. But that’s because they don’t know about social finance. On this week’s episode of ‘A Dictionary of Finance’ we hear about social finance, which tackles social issues such as migration or the integration of prisoners into society. Listen, because it will make you feel warm and fuzzy. The episode also shows you how to get financing for your business through programmes backed by the European Investment Fund. If you think you might need a microfinance...

Duration:00:32:39

Bullets, ratchets and balloons

6/30/2018
More
It took us 50-plus episodes of ‘A Dictionary of Finance’ podcast to realize we haven’t covered some of the very basics: terminology surrounding loans, our bread and butter. So, Matt morphed into a sock-tycoon trying to get a loan from the European Investment Bank, with Allar acting as his not-so-knowledgeable lawyer. Explaining the loan terms are Garbiela Barufi, EIB loan officer for corporates in Iberia, and Martin Arnold, head of unit for corporate lending in the region. They help us...

Duration:00:26:46

Save the world by recycling old economic textbooks

6/24/2018
More
Circular economy is an economic system which contrasts with the linear economy. In the linear economy, companies extract natural resources, make something out of them, pass the product on to consumers for use, only for the product eventually to be discarded. In the circular economy, producers and consumers avoid waste and extracting new natural resources. Instead, they reuse/repair products. Circular economy takes the “line” in the linear economy, shortens it, and bends it into a circle....

Duration:00:27:28

How fast can this bank go?

6/17/2018
More
Imagine you are shopping for a new car—and not just based on the colour. You might consider the number of people it fits (especially if you have kids, despite initially warming to the idea of a convertible coupé), the mileage, the CO2 emissions (if you still want to be admitted to within Paris city limits in a couple of years), how fast it can go, the crash test results, and many other metrics. Turns out there is something similar for banks. When we invited some experts from the European...

Duration:00:27:31

Three lines of defence

6/10/2018
More
In preparing this podcast which aims to answer the question what is banking compliance, we naturally engaged in some deep research on the subject. So, on Wikipedia we discovered that in mechanical science compliance is the opposite of stiffness, i.e. flexibility, measured in metres per newton. Which may sound confusing, because in finance and banking, compliance is not well known for its flexibility. We had a chat on ‘A Dictionary of Finance’ podcast with Branimir Berkovic, head of the...

Duration:00:31:48

The priceless vanilla derivative

6/3/2018
More
If you had the option of signing a contract today to buy a scoop of ice cream from me in one month, and to pay 90% of the price of a loaf of bread on that day for it, would you take it? If so, you and I have just entered into the derivatives business. That is, if I understood correctly what Julien Glachon, financial risk management officer in the derivatives division of the European Investment Bank, was telling us on this week’s show of ‘A Dictionary of Finance’. He talks about plain...

Duration:00:23:54

Credit risk and the 80% haircut

5/27/2018
More
Pay attention, credit risk management newbies: the expected loss equals the probability of default times the exposure at default times the haircut. Now you may say: “What?!” But that’s only because you haven’t listened to this week’s episode of the European Investment Bank’s podcast ‘A Dictionary of Finance’. In it, EIB credit risk management officer Gabriela Manciu explains everything eloquently: The probability of default, meaning the chance of the borrower going bust X Exposure at...

Duration:00:28:59

We need to talk about the euro

5/20/2018
More
If your familiarity with Alexander Hamilton ends with the musical, you may want to go back to last week’s episode of ‘A Dictionary of Finance’. In it, the first part of our Story of the Euro, Aldo Romani, managerial advisor in the euro division of our capital markets directorate, described his recipe for a common currency: common debt. Without common debt, one could argue, if one state using a single currency starts having difficulty servicing its debt, the currency takes a hit, possibly...

Duration:00:20:48

The Story of the Euro

5/13/2018
More
337 million people can’t be wrong, right? That’s how many people live in countries that have adopted the euro as their currency. But the history of the euro is rather short—so far. And as our guests this week, senior economist in the economic studies division at the European Investment Bank Laurent Maurin and Aldo Romani, managerial advisor in the euro divison of our capital markets directorate point out, it took the dollar a lot longer to become the well established, liquid, and stable...

Duration:00:27:33

Better Red and Dead

5/6/2018
More
If there's one thing Mideast countries need, it's potable water. Thanks to a series of technical assistancestudies managed by the European Investment Bank, the Red Sea-Dead Sea pipeline will be a vital solution to the water crisis.Technical assistance brought the pipeline to this advanced stage. Water engineer Harald Schölzel and water economist Edouard Pérard came on A Dictionary of Finance podcast to explain how technical assistance works in the context of a major development project...

Duration:00:25:19

Inside the IRR

4/29/2018
More
IRR (Internal rate of return) indicates the comparative profitability of a possible investment by taking into account all outgoing and incoming cash flows from an investment over the investment period. IRR is one of the most common metrics by which investors judge funds. So naturally your hosts on ‘A Dictionary of Finance’ podcast, Matt and Allar, wanted to find out what exactly it tells you, how its calculated—and how to pronounce it. We invited Aglaé Touchard-Le Drian and Gunter...

Duration:00:15:59

The Preferred Return of the Financial Jedi

4/22/2018
More
In this week’s episode of ‘A Dictionary of Finance’ podcast by the European Investment Bank we talk about the intersection of the private and the public sector in development finance. Specifically, we talk about how the public investment and development banks make projects bankable for the private sector. And make themselves obsolete in the process! As Aglaé Touchard-Le Drian, investment officer with EIB’s Global Energy Efficiency and Renewable Energy Fund (GEEREF), puts it rather more...

Duration:00:22:58

The Preferred Return of the Financial Jedi

4/22/2018
More
In this week’s episode of ‘A Dictionary of Finance’ podcast by the European Investment Bank we talk about the intersection of the private and the public sector in development finance. Specifically, we talk about how the public investment and development banks make projects bankable for the private sector. And make themselves obsolete in the process! As Aglaé Touchard-Le Drian, investment officer with EIB’s Global Energy Efficiency and Renewable Energy Fund (GEEREF), puts it rather more...

Duration:00:22:58