[Bank of the West/BNP Paribas] As the world shifts away from LIBOR, companies of all sizes will feel the impact. Is your business ready? For more than 40 years, the London Interbank Offered Rate (LIBOR) has been the benchmark interest rate for the global financial...
Business Articles
Banking in the Cloud: Is the Industry Ready?
[Forbes, for Bank of the West/BNP Paribas] For generations, commercial banking was constricted by legacy systems, segmented databases and the dominance of local branches. No longer. Banking operations are increasingly expected to beseamlessly available at the press of...
4 Lessons for Contingency Planning
[Bank of the West/BNP Paribas] As COVID-19 disrupts global business, what can corporate Treasurers learn about business continuity? If the COVID-19 pandemic has taught businesses anything this year, it’s that the need for contingency planning is real. With 42...
Six Keys to Remote Treasury Management
[Bank of the West/BNP Paribas] The shift to remote work has forced Treasurers to find new solutions to traditional treasury functions. Managing treasury functions in the best of times requires a smooth integration of planning, tracking, reporting, reconciling, and...
Lessons from the Pandemic: 4 Key Takeaways
[Bank of the West/BNP Paribas] With a disruption in supply chains and consumer habits changed, what can be learned from recent events? After decades spent refining efficiencies in planning, production, and just-in-time distribution, the Food & Agribusiness sector...
The Future of Urban Mobility
[Forbes, for Bank of the West/BNP Paribas] Technology is changing how the world moves. It’s time to rethink what that means for companies and city centers. The future of mobility is here. From the sidewalks of San Francisco to the streets of Delhi, urban...
The Fight For Cybersecurity: How Can Companies Minimize Risk Against Emerging Threats?
[Forbes, for Bank of the West/BNP Paribas] Cybersecurity is no longer an issue only for the IT department. Today, I believe this must be top of mind for the entire enterprise. Risks are no longer limited to hackers seeking confidential data from large financial...
Move Fast, Don’t Break Things
[Bank of the West/BNP Paribas] Before expanding overseas, tech companies should consider these seven tips. In the app economy, tech companies can go global at the push of a button. Whether they’re seeking additional revenue or a skilled talent pool, it’s no surprise...
Will Plant-based Protein Devour the Meat Market?
[Bank of the West/BNP Paribas] Animal-based protein dominates the global market. But can plant-based alternatives disrupt the status quo? After years of languishing at the bottom of the menu, plant-based veggie burgers are finally hitting the big time—and the protein...
Is There a Creamy Future for Dairy?
[Bank of the West/BNP Paribas] Prices and consumption are on the rise. But so are non-dairy alternatives. How is the industry coping? The dairy industry, long fighting depressed milk prices and changing consumer tastes, is confronting another uncertain year ahead. On...
A Hidden Benefit of Trade Wars
[Bank of the West/BNP Paribas] Current uncertainties can create long-term benefits. How can trade wars help you? The shifting sands of international trade have rarely been more precarious. Political and economic forces are changing global business in unforeseeable...
Is He or Isn’t He? Confusion About Ma and Alibaba Stock Drops 3% After-hours
[CapitalWatch] Contrary to what you might have read, Ma might or might not be stepping down on Monday. A late story today in The New York Times stating that Jack Ma would step down on Monday as executive chairman of the giant tech company he co-founded, Alibaba Group...
GreenTree Hospitality: The Holiday Inn of China?
[CapitalWatch] Decades after Holiday Inn became the largest hotel chain in the U.S., GreenTree is looking to do something similar – except at a much faster pace and in a much bigger country. Without doubt, many Chinese industries are as advanced as anywhere in the...
CEO Interview: A Rough Start in the U.S., but iQiyi CEO Says There Are Big Plans Ahead
[CapitalWatch] Although iQiyi is often considered China's version of Netflix in the U.S., founder and CEO Yu Gong said he has a bigger idea. As China's largest video-streaming service, iQiyi Inc. has catapulted to the top ranks of the country's internet giants since...
After Shareholder Revolt and Insolvency, Will Ambow Education Get a Second Chance?
[CapitalWatch] If successful, the new listing for Ambow would be a striking resurgence for a company once valued at more than $1 billion before sinking into insolvency, as well as for its then and current leader, Jin Huang. Ambow Education Holding Inc., which five...
The Psychology of Stupid
[Originally published in the August 2015 issue of Psychologies magazine.] -- How would you define stupidity? -- Stupidity, in the way that I use it in the book, has a rather specific meaning. It is not a general lack of intelligence, thinking foolishly, or being...
Don’t Blame Me. I’m Only The Boss.
[Abbreviated version originally published in the April 2015 issue of Cariere magazine.] I have been working since I was 14 years old. I have had jobs in several countries and, thanks to a somewhat impetuous youth full of many moves and short-term employment, I have...
Welcome to Lugera. Ahead to Passport Control.
[Originally published in the Summer 2014 issue of Esquire magazine.] It’s not often that a business displays wisdom sufficiently profound that it actually provides an example of how we should all live our lives. And I would add, after the five years I've lived here,...
Confessions of a Former Current Ex-Banker
[Originally published in the Spring 2014 issue of Esquire magazine.] I am a banker. No, hold it. I mean, I was a banker. Or rather, I worked at a bank. I did banking. But wait. Maybe that means I’m still a banker. After all, a doctor who drives a taxi is still a...
The Missing Loyalty in Loyalty Programs
[Originally published March 31, 2014, in Capital.] If you buy anything in Romania, then you already have – or at least have been offered – dozens and dozens of retail loyalty cards. You know, that piece of paper or plastic that supposedly means you’re a valued...