Investment banks are designed to finance or facilitate trade and investment on a large scale. But that s a simplistic view of how investment banks make money. There s a lot more to what they really do. When they work properly, these services make markets more liquid, reduce uncertainty and get rid of inefficiencies by smoothing out spreads. Brokerage and Underwriting…
MUMBAI: An entrepreneur who almost a decade ago ran the popular ambulance service in Mumbai under the “1298” moniker and then launched a start up billed as the Uber of emergency response with pilot projects in Punjab and Dubai has caught the fancy of some of our biggest tech titans and savviest angel investors. After Ratan Tata and Infosys cofounders Kris Gopalakrishnan…
Of the six banks, Citigroup has been most active — primarily through its strategic venture arm Citi Ventures — which has invested in fintech startups ranging from Betterment to Jumio to Square. Goldman Sachs, as we’ve previously detailed, has increasingly ventured into fintech startup investing, with thematic investments across payments tech and big data finance…
Capital One Securities, Inc. is a broker dealer providing investment banking, equity research, institutional sales, and equity trading. Founded in 1990 as the energy boutique Southcoast Capital, bought by Hibernia National Bank and finally acquired by Capital One in 2005, we have serviced more than $100B in capital markets transactions, with typical transactions…
If you’re a first year considering a career in investment banking you’re probably aware that employers in this sector offer most of their internships to students in the penultimate year of their degree. However, that doesn’t mean that there are no opportunities for you to engage with prospective employers – quite the reverse. Most investment banks hold insight…
Plenty of undergraduate finance majors and Master of Business Administration (MBA) students consider pursuing a career in investment banking or investment management, two intensely competitive fields in the finance industry, after receiving their degrees. According to projections from the University of St. Andrews, investment banks are expected to recruit an…
No, I have not gone crazy and written an article on women’s fashion. Instead, this is a guest post by . A former bulge bracket investment banking analyst, she has now entered the world of private equity and writes about finance, fashion, and even appropriate at . While there’s plenty of information on how to dress for success in investment banking, a women’s…
FILE - In this Oct. 10, 2011 file photo, a magnifying glass is posed over a monitor displaying a Facebook page in Munich. Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analysts negative report about the company before the…
Are you underpaid or overpaid in Singapore investment banking? Our compensation table reveals how your salary and bonus stack up. Does your salary stack up? Do you work in M&A or capital markets in Singapore? Are you looking to see how your investment banking salary and bonus stack up to help you decide whether you might be better off at another firm?…
Would you be interested in working for a multi-award winning recruitment firm? Do you want to be trained in all aspects of Finance and Banking? Would you be excited to be based in Farringdon – one of London’s coolest areas? Does a starting basic salary of ÂŁ24k and a genuine ÂŁ50k year 1 OTE interest you? How about working with some of the world’s leading investment…
So let’s say you’re working on an M&A deal between 2 pharmaceutical companies – what would the M&A banker do, and what would the healthcare banker do? Initial Pitch: The healthcare banker would do most of this, including coming up with the right sets of comps and the correct list of potential acquirers. M&A Process: The work here would…
A comprehensive deals database Conduct global deal analytics and market volume analysis against well over 2.5m transactions announced in 225 nations since the 1970s. Thomson Reuters M&A content covers over one million deals, including 300, + US-target and 700, + non-US-target transactions. Analyze business trends Stay current on deal trends and new structures…
Evan (not his real name), is a 22-year-old investment banking analyst living and working in New York City. Tell me about yourself. Well, I was born and raised in China and moved to America for high school since an American education was highly regarded. I went to college in New York, decided to major in advertising and marketing, but was quickly drawn to the…
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 you’re spending too much time on useless tasks? It’s a common problem. And it’s one reason why I’ve written so much about what to avoid when recruiting. I’ve 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 “Which 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 — 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 Management’s banking strategy, solutions, including credit and depository products and delivery to Northern Trust’s personal clients. The majority of Susan’s 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:…
It’s four days before you start your new full-time gig, and you just received a short email from HR: “After 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.” What?!! Yes, that’s 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
