Weekly Investment Banking Scorecard

deals intelligence

US-dollar denominated investment grade corporate debt issuance reached $1.05 trillion this week, a 7% increase compared to year-to-date 2014 and surpassing all full-year records for US-marketed high grade offerings. Alibaba Group’s inaugural $8 billion multi-part offering capped off a week which saw new issues from Johnson & Johnson, Citigroup and Dominion Resources. JP Morgan, which led the Alibaba offering along with five other bookrunners, leads the year-to-date ranking of US investment grade underwriters with 13.5% market share, an increase of 0.3 market share points compared to a year ago.

Weekly Highlights: (more…)

Automation or augmentation of knowledge work jobs

Knowledge Worker Innovation Series

By Kathleen Held, Producer, Thomson Reuters

We recently hosted a Knowledge Worker Innovation event with Thomas H. Davenport, a prolific author and Distinguished Professor of IT and Management at Babson College, a research fellow at the MIT Center for Digital Business, co-founder of the International Institute for Analytics, and a Senior Advisor to Deloitte Analytics. Tom spoke about “Automation or Augmentation of Knowledge Work Jobs,” the types of jobs most likely to be affected, the technologies driving knowledge worker automation and the opportunities to augment these technologies.

Tom presented research from a variety of sources on the debate of automation and which jobs are most likely to be affected. The technologies that are driving knowledge work automation include: analytics, machine learning, artificial intelligence, rule engines, event stream/complex event processing, cognitive computing and custom integrations and combinations of these technologies. He described four types of analytics; descriptive, predictive, prescriptive and automated or embedded analytics for competitive advantage. (more…)

New Zealand wool – Graphic of the day

New Zealand wool exports and sheep population have been on the decline while cattle numbers are on the rise. However, a growing focus on natural fibers has opened the door for exporters to sell what they say is the finest, whitest and strongest wool in the world, lifting prices from the near-rock-bottom levels hit in 2008. Today’s graphic is a summary of New Zealand’s wool market.

wool

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.

Why 2025 matters

It’s human nature to want to know what’s coming next. Which is why we used our proprietary technology to analyze current research and innovation activity happening across various industries. Explore the following transformational ideas that may become realities in the next decade.

Tech to table

The world’s population will grow by some 2.5 billion people by 2050, according to the United Nations, and 80 percent of the land that is suitable for growing food is already in use. At the same time, our strategies to squeeze the maximum productivity from the earth to feed ourselves is diminishing the health of land, depleting soil, and degrading ecosystems. So how will we feed ourselves sustainably in the future?

Read more about the implications of genotyping our food.

Fly electric (more…)

Champions of the Earth

 

Yesterday (Nov. 19) Secretary-General Ban Ki-Moon and the United Nations announced the winners of their highest honor bestowed on individuals who help the environment: the Champion of the Earth award. Here is an example of one of the winners, Fatima Jibrell, Founder of Adeso, who won the award for building environmental and social resilience amidst war and devastation in her homeland of Somalia:

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For a full review of these remarkable winners and their achievements, please take a look at the UNEP site here. All of these people or organizations became impactful because of a selfless desire to help their world. This kind of event makes me very proud that we continue to work closely with UNEP, as a formal partner on Sustainability, with many instances of their science-based thought leadership published with us.

On a related note, yesterday also marked the publication of the 2014 Emission Gap report.  This report details how much we will need to reduce global CO2 emissions in order to avoid more than a 2 degree celsius average rise in temperature.  The bottom line is that we need to reduce our emissions by an average of 2-3 percent per year until the year 2030 in order to avoid increasingly escalating costs, in financial and human terms.  It’s going to take more Champions of the Earth to get us there.

I know the feeling

Comet

I’ve currently been on an extended trip through Europe, but last week, one of the biggest news stories was the landing of the Philae probe on a comet. It marks the first time that we have been able to achieve such a feat. The entire mission has been one series of innovations after another, and personally, I’m so happy for the engineers in the European Space Agency (ESA) command center who have seen their dream become a reality.

Although the Philae probe has now gone into a hibernation status due the inability of the probe to recharge its batteries, it has accomplished a number of key objectives including sending pictures back from the comet and sending science data from all of its on-board instruments including the COSAC – the Cometary Sampling and Composition experiment – which drilled into the comet in search of molecular building blocks that may have kickstarted life on planets like Earth.

I was reading the Sunday Times, and it had a great article written by Bryan Appleyard titled “One Giant Step.”  I genuinely appreciated his comments about this project for a number of reasons. Have a read of this quote: (more…)

Challenged with “Know Your Customer” regulations?

The heightened focus of regulators on KYC policies has added significantly to the administrative burden faced by financial institutions and their clients, resulting in increased workloads, sky-rocked costs and longer delays for organizations attempting to access funds. Our recent thought leadership article discusses this topic further including the evolving KYC landscape and managing customer due diligence.

To help customers comply and avoid the challenges they currently face, we have developed an innovative industry wide solution: Accelus Org ID. This is a managed service offering which provides financial institutions and end clients with a global, independent and trusted solution.  Find out more about Accelus Org ID.

Know Your Customer

Compliance: Now it’s getting personal

personal

We may be on the brink of a new era in compliance – or at least in enforcement. This week the Bank of England Governor Mark Carney earned headlines around the world when he suggested that individuals’ base pay as well as their bonuses could be at risk if they failed to act properly. And he was not alone as other regulators and policymakers publicly voiced whether the current regulatory curbs were actually succeeding in improving behaviors in financial services.

We know that financial fines are getting bigger. In 2013, the UK regulator issued fines some 18 times greater than its predecessor had in 2008 – but that is by no means the whole story. Our survey on the rising costs of non-compliance – published this week – highlights the increased focus among regulators on greater accountability and personal liability for the individuals involved in compliance breaches. Enforcement cases now routinely see the departure of senior executives and the clawing back of any recent bonuses. In market abuse cases individuals rightly face prison sentences.

The pressure is on compliance departments, therefore, to keep their businesses – and their bosses – on the right side of their regulators, certainly, and where possible to future-proof their business activities by monitoring and anticipating the latest thinking among the world’s regulators. (more…)

Heard around the Trust Women Conference – Day 2

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Trust Women, which took place November 18-19, is more than just a conference. It’s a fast-growing movement to put the rule of law behind women’s rights through concrete action. Delegates from 55 countries, representing 260 international organizations are here to take action and forge tangible commitments to empower women. Weren’t able to attend? No worries. Check out the session recordings, conference news,  photos, and join the conversation using #twc2014. Here are some of the most salient quotes and media we heard on day two of the event: (more…)

Journalist spotlight: Samia Nakhoul on her career as a Reuters correspondent

Last week, Middle East Bureau Chief Samia Nakhoul was awarded the Chevalier dans l’Ordre national du Mérite, one of France’s highest honors, for her venerable career covering the Middle East. Samia has covered some the region’s most significant events for Reuters, including the 2003 Iraq War – where she suffered severe injury – and the fall of Tripoli in 2011. Along the way, she has picked up a number of distinguished journalism awards for her work, including a Courage in Journalism Award from the International Women’s Media Foundation, a Pulitzer Prize finalist nod, the International Council for Press and Broadcasting’s Peace Through Media award, among others. In a Reuters Best: Journalist Spotlight Q&A, Samia reflects on her career as a correspondent in the Middle East and what it means to her to be a journalist.

Q. What makes you passionate about journalism? And why did you become a journalist?

A. I come from a region that has been riven with conflict, suffering and injustice, for almost as long as anyone can remember. It has always seemed to me to be important to bear witness to this, and then, at a young age, I came to the conclusion that journalism was – at least for me – the best way to do so. One of the primary aims of journalism in the Middle East is surely to expose the full truth, and that involves revealing the full horror of so many events, including war crimes and atrocities committed against civilians in the hope that the world understands what is happening and even that justice may eventually prevail. In a very complex region dominated by sectarianism, factionalism, tribalism and authoritarianism, I am of course aware how difficult this is, as well as how deadly it can become. Hundreds of journalists have been killed in this region over the past decade – bearing witness – but it is the job of journalists here to continue trying to do so. (more…)