Capital market

Today I'm joined by Stacey Parsons, Managing Director at Retailbook.

Stacey has spent almost three decades working in investment banking and capital markets and building a career in what has traditionally been a very male-dominated part of the industry.

Today, she's also a passionate advocate for widening access to investment and encouraging greater participation by women, both within financial services and as investors themselves.

We're going to talk about how things have changed for women during Stacey's career, the growing transfer of wealth to women, the role of technology can play in investing and what still needs to change.

So should we go straight to the questions? Yeah.

So the first one is the very beginning.

So you've had an extensive career in investment banking and capital markets.

How did you first get into finance and what was the industry like for women when you started?

We shall move on to our penultimate session of today.

We now turn our attention to the continued development and deepening of Oman's capital markets with our next panel, Sukuk Securitization and Market Development: Building Depth in Oman's Capital Market.

Chairing the session is Encik Mohsin Shaikh Sehu Mohammed, head of investment banking and capital markets at Dhofar Islamic.

Joining Mohsin on a very esteemed panel, Mr. Afla Al Lawati, group treasurer and vice president of financial planning and analysis, OQ.

Mr. Suad Abdul Ghafour Al Balushi, chief financial officer, Oman Housing Bank, and president of the recently established in Oman, ACIFMA, Oman chapter.

Assalamualaikum, and a very good afternoon to everyone.

So, sessions after tea break is usually much more relaxed.

You can see from the hall itself, right? So, today's discussion, we are talking about Sukuk securitization and the development of, uh, Islamic, uh, capital market itself.

Anyways, for context and for those who do not know, about nine years ago in 2017, the same security exchange commission that registered and that regulates this NASD, right? And their OTC platform.

In 2017, they suspended the same person, RSA Ugu, for capital market fraud.

She was suspended, she was investigated and suspended from the capital market activities for five years and barred her from holding director positions in any public company in Nigeria.

At the time, she was a member of the board of directors of Partnership Investment Company.

So she was involved, for those who don't know, she was involved along with her father, Victor Ogiemwewonyi.

He was the head of Partnership Investment Company.

He was barred for life.

That's how bad the capital market fraud was.

Kiani is a recruiter for a defense contractor and works remotely.

A big celebration held earlier today at Capital Market with additional funding announced, $500,000 from the Greater Kanawha Valley Foundation.

The news is brought to you by the Mary Phelan Leadership Academy.

It's a free public K-5 charter school.

This is the podcast by bankers for bankers.

I'm Caleb Stevens with South State Bank's Capital Markets division, and today I'm joined by Bailey Erickson, making her podcast debut.

Bailey, how's it going?

It's going well.

I'm not reacting.

I got back yesterday from Washington, D.C., I was at the PCAOB, Conference on Auditing and Capital Markets, which was combined with the Carr Research Journal.

The PCAOB stands for the Public Company Accounting Oversight Board, for those of you who are not in accounting.

But really, this is geared toward my accounting people.

You need a treasury team.

In the private business, you need a capital markets team.

You need sourcers.

You need o- an operating partner platform.

It just maybe got too big and too many people got into it, but that asset class will persist and, and remain, and it's, it's, it's an attractive asset class.

I think what's ha- the benefit that absolute return managers are having today is the firms that went through that, that strain and dealt with people being upset around, uh, you know, crystallization of losses and then earning incentive fees later, or dealt with gating issues and illiquidity, have largely been washed out.

And so, um, I'd say that the, the asset class, w- we've seen a high amount of demand as people say, "Okay, how do I think about filling this kind of defensive absolute return ballast to my portfolio?" And in- even in a traditional barbell of saying, "Okay, I w- I need something that's stable and consistent return, and then I'm gonna take more risk over here." And if you think about how the, how the economy is growing, there's a, you know, massive debate on what will happen with AI and will that be, you know, ultimately create a huge amount of, of, uh, of upside, and you can see this in capital markets activity in, in, in, um, in equity capital markets.

So people wanna participate in the high-growth part of the, the, the, the, um, allocation ecosystem, but they really want something that I think has been tested through cycles on the secure and defensive part of their allocation portfolio.

At a higher scale, 58.100 is the resistance mark and at a lower scale, 56.500 is the support zone.

Sectors to be watched out on the today's trading session, that would be Pharma Index, CPSC Index, IT Index, Capital Market Index and PSU Banking Index.

Thank you.

At downside, the target would be around 23800 and upside 24050 would be the stop loss level.

now moving on to the bank nifty index the bank nifty index is continue to pouring near to its 50-day moving average for the 12 consecutive weeks now overall strong congestion zone bank nifty has been on the works so breakout on the either side would witness the directional sharp momentum the breakout above 58 100 could trigger the upside momentum towards 60 000 and at the lower side break up down below 56 500 it could slip towards 54 500 level Sectors to be watch out on today's trading session would be Capital Market, IT Index, CPSC Index, and PSU Banking Index.

Thank you.