Remove 2008 Remove Debt Remove Trading
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M&A Blog #06 – debt (Part I – role and trade-offs, categories and key characteristics)

Francine Way

To be explicitly clear, I am recommending the use of the following ranked capital sources when paying for an acquisition: cash (from the balance sheet), debt (at a reasonable level), and equity. Similarly, not all corporate debt instruments are created equal and each comes with pros and cons.

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Collateralized Debt Obligation (CDO)

Wall Street Mojo

What is a Collateralized Debt Obligation? to one organization and as a liability to another organization and are solely taken into use for trading purposes. Table of contents What is a Collateralized Debt Obligation? How does Collateralized Debt Obligation (CDO) Work?

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How the Growth of Private Credit is Impacting Private Equity

OfficeHours

The growth of private credit can be traced back to the Great Financial Crisis of 2008-2009. In particular, new guidelines from the FDIC and Federal Reserve (among other governmental agencies) made it more difficult for banks to underwrite financings that resulted in debt-to-EBITDA ratios in excess of 6.0x.

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ICX Quarterly: Fall 2013

Shearman & Sterling

Since 2008, the alternative asset market has seen a broad convergence of previously distinct asset classes and strategies, such as private equity, hedge funds, debt and claims trading, etc., This newsletter is devoted to discussing legal issues facing alternative asset managers and funds.

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Trader of the Year Hedge Fund: Conversant Capital’s David Alfred

The TRADE

What has your journey to the trading desk been like? I started my career at Bear Stearns in 2001, then migrated to Credit Suisse in 2008. My day may range from trading liquid US stocks to more illiquid European names. We do a lot of bespoke or more idiosyncratic trading when it comes to distressed bonds or structured credit.

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The Collapse of Silicon Valley Bank: The Start of Great Financial Crisis 2.0?

Mergers and Inquisitions

history and the largest bank to collapse since 2008. Why bank regulations , including those passed after the 2008 financial crisis, failed to prevent this. Remember that, normally, a bank issues loans and then finds the liabilities (deposits, debt, etc.) It’s the second-biggest bank failure in U.S. Who deserves the blame.

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How do Banks Make Money? Explanation, Examples

Peak Frameworks

Trading and Proprietary Trading Many large banks are involved in trading activities. This can be trading on behalf of their clients (like when you buy a stock through a bank's brokerage service) or proprietary trading where banks invest their own money.

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