ICMA Centre graduate and senior research fellow publish article in The Moscow Times

Every year at graduation, students from our undergraduate and master’s courses are offered prizes and awards for their performance and contribution throughout the academic year.

Could the number of hugs given to players be the main difference between the popularity of Jose Mourinho and Jurgen Klopp? Despite the limitations in the Manager's authority defined by the club, Klopp enthusiastically displays the people management elements of the Coach.

The large fine imposed on RBS last week suggests that a ‘scandal’ took place in the banking world over the setting of LIBOR. Yes – there was probably systematic mis-pricing of LIBOR which enabled some traders and some banks to profit at the expense of others. But the LIBOR issue simply highlights a much wider problem in financial markets which is that many ‘prices’ quoted in markets are not market prices at all. Instead they are prices based on computer models, matrix pricing or sheer guesswork, which may or may not produce ‘accurate’ prices. The reason for using computers models and guesswork is that in many financial products there actually are no transactions at all or very few even over periods of some weeks or months and thus no market prices.