Mergers and Inquisitions

MAY 10, 2023

The basic difference is that the international bulge bracket banks tend to be stronger in M&A advisory and weaker in equity and debt capital markets. I’ll contextualize this with Capital IQ search results for PE firms and hedge funds in different regions: Private Equity Firms: U.S.:

Investment Banking

Razorpay

AUGUST 9, 2023

Functions of Merchant Banks A merchant bank’s primary function is to provide financial and advisory services to medium-sized businesses. Morgan Stanley India: Global investment bank with a strong presence in India, offering services such as underwriting, M&A advisory, and equity research.

Bank

Mergers and Inquisitions

NOVEMBER 22, 2023

For example, Wells Fargo always does well in debt capital markets but much worse in M&A advisory and equity capital markets. You’ll work on very small deals at most regional boutiques, have even less access to private equity and hedge fund exits, and get even less of a network and brand name.

Bulge Bracket

Mergers and Inquisitions

MAY 29, 2024

Many of these assets last for decades , have stable/predictable cash flows , use substantial Debt (50 – 60%+ of the total price), and use sized and sculpted Debt. The term “Project Finance” at large banks refers to a group that operates like Debt Capital Markets or Leveraged Finance but for infrastructure rather than normal companies.

Corporate Finance