EXAM - ATTENDENCE / CONTENT.

Hello, everyone. 

As you know, we have an exam on Thursday the 19th, and as you also know, CUNEF requires a minimum 60% attendance in order to sit the exam.

With regard to the content, material already covered in the progress test will not be included in this exam, so you need only review what we have studied since the progress test.

Best regards.

Tom Doyle.

Class update 5/5/16 SHADOW BANKING

Speaking	Some shadow banking terms: what do the following terms mean, and what are they used for? Work with a partner.         1.     The repo market         2.     Securities lending         3.     Securitization        page 69 - G Discuss about these questions.        1.     Which well - known banks  have gone bankruptcy?                  3.     How much money would you need to feel happy and prosperous?
Listening	SHADOW BANKING “BBC BUSINESS DAILY”
Reading	MONEY MARKET : REPOS http://www.investopedia.com/university/moneymarket/moneymarket7.asp
Writing
Grammar
Vocabulary	Free-wheeling= ignoring rules or regulation. To tighten the screws = to increase pressure on someone. A side effect: a consequence (often of medicines) Tarp = troubled assets relief program.
Other
Homework

SHADOW BANKING TERMS EXPLAINED.

Hello, everyone.
Just in case you need to refresh your memories on the meaning of terms used in the shadow banking sector, I've uploaded a few links that should help clarify any doubts.
Regards.
Tom.

Money Market: Repos

 

http://www.investopedia.com/university/moneymarket/moneymarket7.asp

ByInvestopedia Staff

Repo is short for repurchase agreement. Those who deal in government securities use repos as a form of overnight borrowing. A dealer or other holder of government securities (usually T-bills) sells the securities to a lender and agrees to repurchase them at an agreed future date at an agreed price. They are usually very short-term, from overnight to 30 days or more. This short-term maturity and government backing means repos provide lenders with extremely low risk.
Repos are popular because they can virtually eliminate credit problems. Unfortunately, a number of significant losses over the years from fraudulent dealers suggest that lenders in this market have not always checked their collateralization closely enough.
There are also variations on standard repos:

• Reverse Repo - The reverse repo is the complete opposite of a repo. In this case, a dealer buys government securities from an investor and then sells them back at a later date for a higher price
• Term Repo - exactly the same as a repo except the term of the loan is greater than 30 days.

Read more: Money Market: Repos | Investopedia http://www.investopedia.com/university/moneymarket/moneymarket7.asp#ixzz476mgeIn3 
Follow us: Investopedia on Facebook

14. What is the difference between repo and securities lending?

http://www.icmagroup.org/Regulatory-Policy-and-Market-Practice/short-term-markets/Repo-Markets/frequently-asked-questions-on-repo/14-what-is-the-difference-between-repo-and-securities-lending/

What is 'Securitization'

http://www.investopedia.com/terms/s/securitization.asp

Class update 21/04/2016- Alejandro Gatinois

 

Speaking	Are you a saver or an investor?/ Meeting 2 (page 26)
Listening	Triodos Bank, Sustainable banking
Reading
Writing
Grammar
Vocabulary	-Cash flow exercise -Always read "the small print" -"The poor time keeping" of employees -"at the expense of..."
Other
Homework

Spain in Panama Papers agreement.

The Panama Papers story continues, and Spain is involved.

Have a look at the latest:

http://www.bbc.com/news/business-36049817

Class update 12.04.16 Patricia Ferre

Speaking	Do we have a carbon tax?
Listening	Meeting about an oil spill
Reading
Writing
Grammar
Vocabulary	Useful language page 26
Other
Homework	Preparing a meeting, using the "useful language" (student A,B,C) page 26

How to explain offshore banking (and when it is naughty) to a five year old

Hello, everyone.
Given the response to today's question on offshore banking, and the career you have chosen, you should probably have a look at this.

http://www.theguardian.com/world/2016/apr/05/how-to-explain-offshore-banking-and-when-it-is-naughty-to-a-5-year-old?CMP=Share_AndroidApp_Gmail

Let me know what you think.
Regards.
Tom.

Class Update Tuesday 04.04.2016

Class Update Tuesday 04.04.2016

Speaking	Santander's ERE.
Listening	New Energy Finance. Seville Solar. Excercises D & F page 23.
Reading
Writing
Grammar
Vocabulary	Vocabulary on Depreciation (Sheet). Exercise E page 23.
Other
Homework	N/A