Podcast

Episode 84: Floating in the Economic Current: Navigating the Post-COVID Economy with Gregg Nabhan, Bank of America

In the developing post-pandemic landscape, the discussion of a possible recession has been the latest ongoing hot topic, leaving businesses in a difficult position for decision-making. Today’s guest is sharing his expansive career knowledge to inform businesses about the reality of the current market.

Today we’re sitting down with our only two-time guest, Gregg Nabhan. If you tuned in to the first episode with Gregg, you’ll remember that he’s chairman of America’s equity capital markets for Bank of America, as well as managing director of the consumer and retail team.

Gregg is responsible for the origination, IPO valuation, structuring, book building, price discovery, allocation trading, and aftermarket performance of the equity transactions. He has 35-plus years of experience on Wall Street, and during the last 20 of those years, Gregg has led over 400 transactions raising over 265 billion dollars for companies around the world including 115 IPOs. Prior to joining B of A in June of 2008, Gregg worked at Morgan Stanley for 13 years where he was an MD in their equity capital markets group.

On this week’s episode, we sat down to talk about the realities of the current markets.

Highlights:

  • A brief overview of the current economic market (2:36)
  • How Gregg sees the current economic landscape, and its rate of potential risk (3:44)
  • Gregg breaks down how to understand the perspective of market fluctuation and trends (4:56)
  • Current events affecting the economy, and economist predictions (7:10)
  • Understanding the context of the current IPO market (8:38)
  • Areas of focus for management teams maneuvering the economic climate (10:25)
  • Spaces of focus for investors looking to put their money to work (12:37)
  • Analyzing past IPO market trends and predicting the potential future of the space (13:53)
  • What made an investment like Kenvue so successful for investors? (15:40)
  • Insight on dividends and buybacks (18:09)
  • Techniques that issuers are using the navigate the current market (19:04)
  • Adjusting focus from daily changes to long-term planning (22:17)
  • Greggs biggest piece of advice to listeners and investors (23:49)

Links:

ICR Twitter

ICR LinkedIn

ICR Website

Gregg’s first WTTA episode

Bank of America on LinkedIn

Bank of America Website

Feedback:

If you have questions about the show, or have a topic in mind you’d like discussed in future episodes, email our producer, marion@lowerstreet.co.