KPMG Corporate Finance: Energy Investment Banking Q2 2016 M&A Newsletter Complex capital needs continue to serve as a catalyst to a large portion of the global energy M&A activity in the second quarter of 2016. As a result, the first half of 2016 experienced several distressed asset sales and consolidation in the industry. Bankruptcies, subsiding…
So you think you can survive the most rigorous investment banking interviews unscathed? Below are four of the most difficult questions (2 technical and 2 behavioral) you may encounter, as well as some sample responses to give you an idea of how to structure a great answer. 1) When should a company issue equity, rather than debt, to fund its operations? If the…
NEW YORK As Wall Street remakes itself on a former rail yard in the far west of Midtown Manhattan, one surprising name is leading the way. Wells Fargo & Co ( WFC.N ), the San Francisco-based lender known for its retail banking business, has picked out space for a trading operation to use as a base for a stealth attack on the investment banking world…
For people on the outside looking in, obtaining an Investment Banking job represents the equivalent of winning the earnings lottery. Six-figure bonuses, a strong starting salary, generous signing bonuses, comprehensive benefits, and fast-track promotions are par for the course. Candidates believe that once they get that Investment Banking job and become a member…
Ever feel that youāre spending too much time on useless tasks? Itās a common problem. And itās one reason why Iāve written so much about what to avoid when recruiting. Iāve warned that the CFA and other degrees and certifications can be massive time sinks, but language study could easily fall into this category as well. The last time I looked at the āWhich language…
Sales Trading Mergers and Acquisitions Advisory The front office is the client-facing part of the firm and includes the roles which focus on working with and for clients, rather than in support, risk, compliance and operations roles. It is named because traditionally, the client-facing staff would be at the front of the business where they could be seen, and…
4. 5. 1. I-banking is the term used to describe the business of raising capital for companies. Capital in this sense means cash or money. When firms need cash in order to grow and expand their businesses, I-banks sell securities to public investors to raise this cash. Investment banks may work with corporations, governments, institutional investors and/or extraordinarily…
You may know what investment bankers tend to look like, or what kind of qualifications they usually have ā but how much do you know about what Wall Street bankers actually do? I like to compare it to a consulting firm because everyone understands what consulting firms do,Li said. A consulting firm has a project or an assignment from a client and they make an…
Susan H. Mallory is the Banking Practice Executive for Wealth Management, Northern Trust. In her role, she is responsible for Wealth Managementās banking strategy, solutions, including credit and depository products and delivery to Northern Trustās personal clients. The majority of Susanās career has been spent as a Commercial Lender and Banker providing financing…
Investment type 5 global investments with different risk levels Minimum investment USD 10, or EUR/GBP equivalent Benefit from a global investment banking plan Here s what you get: 5 different funds - catering to different levels of risk and return, according to your comfort level Worldwide, diverse investments - suiting your financial goals More great benefits:…
Itās four days before you start your new full-time gig, and you just received a short email from HR: āAfter further consideration, we have decided not to proceed with an offer of employment at Goldman Stanley, LLC. We regret any inconvenience this may have caused you.ā What?!! Yes, thatās right: your offer was just rescinded. You planned your entire life around…
The Goldman Sachs Alternative Energy Group is a dedicated platform deploying capital in the alternative energy sector through a broad range of financing solutions. The group is committed to the continuous development of the energy sector, from unconventional oil and gas to the increasingly significant renewable energy sector. Approach As a major player in the…
Investment Banking Analysts work closely with senior investment banking professionals in supporting their team. Analysts create and analyze financial models, develop client presentations, and conduct industry research. Analysts also serve as key members of merger & acquisition and capital raising transaction teams, providing credit underwriting support…
You may have heard about all the glamor and excitement of these money-making machines, but what exactly are investment banks and what do they do? Here is a practical guide for those interested in the investment banking careers.asian finance group
What do investment bankers who make it to managing director have in common? If you make it to managing director in investment banking, the pressure really starts. Not only are your revenue targets much higher, but you have to navigate an increasingly political environment and lead team of highly ambitious individuals who would love to be in your job. And, if…
The value of Scottish food and drink exports to Japan has surged to almost Ā£100 million, strongly supported by the countryās growing taste for Scotch whisky, External Affairs Secretary Fiona Hyslop said today. Latest available export figures show the overall value of food and drink sales to Japan rose by 9% to a record Ā£98.7 million in 2015, compared with Ā£90.3…
Whatās the average investment banking salary and bonus for someone in their 20s, 30s and 40s? And does it really make sense to quit aged 25? How much are they getting paid? There is a new trend afoot in investment banking. Senior banking recruiters complain that the juniors they hire today are only joining for the āCV pointsā: that they do a couple of years a…
What are banking salaries like in London? What can you expect to get paid at Goldman Sachs, Morgan Stanley and elsewhere? What kind of salary should you expect when you work for an investment bank in London? While bonuses in investment banking traditionally varied widely according to performance, banking salaries were historically dependent upon job title. It…
First and foremost, you should strive to read The Wall Street Journal and The Economist often, if not daily, as well as other news sources. To help you get familiar with the history and state of Wall Street, here is what could best be called a āstarterā reading list. This is by no means an exhaustive list, as new titles are published all the time. The House of…
Financial services businesses, including the investment banks, generate and store more data than any other business in any other sector ā broadly because it is such a transaction-heavy industry, often driven by models and algorithms. Despite accumulating a wealth of information on capital market transactions, trades, financial markets, and other client and market…
How do you get into investment banking? These are the ten best routes to follow. If youāve tried applying for a job in an investment bank, youāll know that getting in isnāt easy. Front office investment bankers still earn considerably more than almost anyone else, except footballers and ācelebrities, ā and banks are accordingly inundated with applications. If…
data-content=data-trigger= manual data-placement= bottom role= button tabindex= 0 >equity anddata-trigger= manual data-placement= bottom role= button tabindex= 0 >debt transactions to review deal terms, multiples, consideration and advisors, and see announced and upcoming deals. Develop custom league tables based on specific transaction…
Get more loan optionsāand competitive ratesāfor home loans, and a quick closing through Schwab Bank s home loans program provided by Quicken Loansāthe nation s largest online mortgage lender2 with over 31 years of home loan experience. Refinance Your Mortgage Refinance your home loan to shorten the length of your loan, or to lower your interest rate and reduce…
James, a recruiter for our Investment Banking Division based in Hong Kong, shared some advice for candidates considering opportunities across Asia during a recent recruiting trip to the US. What is your background with Goldman Sachs? Iāve been with Goldman Sachs just over 7 years now, always in campus recruiting. I actually started in our Frankfurt office and…
Graduates with a good understanding of their chosen business area and role at Barclays have a higher chance of being offered one of the bankās trainee positions. This is because theyāll be equipped to convince recruiters that they truly want the job and have the required competencies to do it. Carry out thorough research The bank recruits graduates into six broad…
What were your expectations going into the interview? There was not a lot of information on the internet with insights into private equity interviews. I found a few sites which described the more common aspects of PE such as M&A, and LBOs, but not a lot of advice for the interview process for real estate private equity. I really didnāt know what to expect…
Jefferies Group hired six members of Deutsche Bank AGās U.S. metals and mining investment banking team, including managing director Dan Chu, according to people familiar with the matter. The bankers agreed last week to join Jefferiesās global metals and mining group, said the people, asking not to be identified as the details are private. Chu will be global head…
