Press "Enter" to skip to content

Posts published in “Finance”

Stern Team Takes on BMW’s Electric Vehicles and Its Place in the Circular Economy

Cover photo: The Stern team includes Ben Gottesdiener, Jessica Tou, Leslie Chao and Phil Schroder.

From design to production, BMW’s i3 and i8 models represent today’s standards of sustainable automobiles. The global automobile leader approached the Stern Signature Project team on the commercialization of electric vehicles (EVs) and kicked off their engagement by posing two questions: What are sustainable business models of dismantling electric off-lease vehicles? How can the most valuable component, the released battery capacity, be marketed most efficiently? 

“BMW asked us to help them think through how to most effectively monetize its fleet of off-lease (cars being returned from lease) electric vehicles,” said Ben Gottesdiener (Stern MBA ‘20).…

Europe’s Struggle with China on Trade

It’s no secret that China is upending today’s world order that took shape after the dust settled post-Cold War. Rivaling US hegemony, China poses risks as well as opportunities depending on who you talk to: an emerging markets investor, a US politician or an executive of a global company.

Broadly speaking, the US, embroiled in a drawn out trade war with China, looks at the second largest economy in the world with contention. It used to be the same in Europe. Increasingly, however, countries in Europe are starting to extend their hand to China’s tempting propositions. Unfortunately, the EU only recently started to really sweat about China.…

Join the Sohn Idea Contest and Stay Tuned for Key Highlights from the Investment Conference

The Stern Oppy is excited to share with you the Sohn Idea Contest presented by GLG. In this contest, participants submit an investment idea with a 12-month horizon. The contest is judged by a distinguished group of today’s best investors.

The winning prize? Get on the stage of the Sohn Investment Conference on May 6 for your moment to shine! Check out details to the contest here and look to previous winners for inspiration!

If you’re unable to apply or attend the conference, stay tuned for key highlights from the Stern Oppy.

Photo credit: Reuters

Last year’s presentation by David Einhorn, President of Greenlight Capital, Inc.

FinTech Conference Brings Industry Leaders Together on Blockchain and More

On October 19, NYU Stern kicked off its third annual Fintech Conference. The conference was co-hosted by Stern’s new Fubon Center for Technology, Business, and Innovation. It was a tremendous success, with 560 people from various industries and geographies in attendance.

The emcee was Kathleen DeRose, Director of the Fubon Fintech Initiative and Clinical Associate Professor of Finance at Stern. This year’s theme was “Data Science Disruption in Fintech,” focusing on machine learning, Blockchain implications, data aggregation in financial platforms, and much more.

Continuing last year’s tradition, the morning keynote speaker was Matt Harris, Managing Director at Bain Capital Ventures. At the beginning of his speech this year, Harris noted: “The venture capital world has discovered fintech.”…

Fintech Conference Brings Industry Leaders Together on Blockchain, Machine Learning and More

On Friday, October 19, NYU Stern kicked off its third annual Fintech Conference, which was co-hosted by Stern’s new Fubon Center for Technology, Business, and Innovation. It was a tremendous success; 560 people from various industries and geographies attended the event.  The emcee was Kathleen DeRose, Director of the Fubon Fintech Initiative and Clinical Associate Professor of Finance at Stern. This year’s theme was ‘Data Science Disruption in Fintech,’ focusing on machine learning, Blockchain implications, data aggregation in financial platforms, and much more.

Continuing last year’s tradition, the morning keynote speaker was Matt Harris, Managing Director at Bain Capital Ventures.

Talking Social Impact Investing with Emcee Co-Founder Arash Asady

Currently based out of Stern’s very own W.R. Berkley Innovation Labs on the fourth floor of Tisch Hall is a four-person band of engineers, consultants and former Wall Street traders who are helping to shape the future of investing.

Their mission is to spread wealth and financial progress to the next generation of investors, and they’re doing it through a sleekly designed social investment platform that allows the user to mirror the investments of his or her peers and donate a portion of profits to a charity of choice.

Founded just 10 months ago, Emcee has already been through several incubators, including the $300K Entrepreneurship Challenge, Stern Venture Fellows and the NYU Tandon Future Labs.

National Currency Crisis Crisps Turkey

The Federal Reserve’s gradual raising of interest rates is increasingly impacting the financial stability of emerging market economies. A decade of low interest rates in the West has fueled a surge of dollar-borrowing in emerging markets, as investors seek higher yields. As investors retreat from emerging markets, signs of economic weakness in several countries have begun to surface. The Turkish economy has fallen victim to this development, with its currency, the Turkish Lira, steadily declining against the dollar throughout 2018. Events have taken a more dramatic turn of late, and the collapse of the Turkish Lira has rapidly accelerated over the past several months.

Leibler strengthens blockchain presence on campus

New York University is emerging as an increasingly important hub in the blockchain ecosystem. Renée Leibler, an Executive MBA candidate at NYU Stern, has become a leading figure in the space, both on campus and in the broader blockchain community. Leibler is the President of the NYU Stern Blockchain Digital Asset Forum, a group that brings blockchain and digital asset speakers to campus events. She is also the co-founder of Harmonic Chain, a blockchain, cryptocurrency and digital asset firm focused on business, financial and advisory services.

Leibler began her EMBA program at NYU Stern in 2017, while she was a professor of entrepreneurship at the Fashion Institute of Technology (FIT) in New York.…

Alumnus launches crypto-fund HODL Capital

As Bitcoin continues to make headlines, the famously grassroot and libertarian cryptocurrency ecosystem is becoming more institutionalized. You can find out all about bitcoin at btcnn.com or from similar sites who specialize in cryptocurrency. Established financial institutions continue to dip their toes in the water and once scrappy start-ups have begun to transition into more institutional roles. HODL Capital, a cryptocurrency hedge fund founded by New York University alumni Thomas Pacchia, is one such firm.

While most people use online signals groups such as altcoin signals reddit, Pacchia is hoping that users will transition into more of a paid and official model.…

New York City hosts its first Blockchain Week

From May 11–17, New York City hosted its first Blockchain Week, a joint initiative between New York City Economic Development Corporation (NYCEDC) and leading blockchain news organization CoinDesk, in an effort to nurture the blockchain industry on the East Coast. Revolving around the three-day Consensus conference hosted by CoinDesk for the fourth year, Blockchain Week featured many events led by cryptocurrency companies as well as the first Blockchain Job Fair in New York.

Consensus featured 8,500 attendees from around the world and, with the average ticket costing roughly $2,000, sold approximately $17 million worth of tickets. Over 20 events aside from Consensus took place during Blockchain Week, ranging from forums and panels to company-sponsored parties and events.…

Mission News Theme by Compete Themes.