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Investment Banking in India: Please Avoid It and Try Again in Another Country

Mergers and Inquisitions

based bulge brackets (GS, MS, JPM, Citi, and BofA) are the strongest international banks, and Avendus, Kotak, JM Financial, ICICI, and Axis are the strongest domestic firms. Among the bulge brackets, the U.S.-based Considering its ~1.4 Compensation is a big discount to U.S.

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Investment Banking in Singapore: The Best Gateway to Asia for the Non-Chinese?

Mergers and Inquisitions

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. These banks focus on the capital markets, so you should target the bulge brackets if you want to work on M&A deals. As in the U.S.,

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The Full Guide to Pre-MBA Internships: Are They Worth It?

Mergers and Inquisitions

We’ll return to this point later, but in finance, it’s more common to do a pre-MBA internship at a small VC/PE firm or boutique bank rather than a bulge bracket bank. Evercore has a “pre-MBA diversity program,” but GS, MS, and JPM only appear to offer “fellowships” or “early insight student programs ” without specific details attached.

IT 59
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Trading at the frontier

The TRADE

In nothing short of a baptism of fire, he took his first steps into trading in January 2007 in the build-up to the global financial crisis. The London-based trading team at Ninety One has a very particular set of skills. Ninety One’s trading team consists of 17 globally with six – soon to be seven – based in London.

Trading 59
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Wealth Management vs. Investment Banking: Career Deathmatch

Mergers and Inquisitions

For example, they might ask you how to use a DCF, what bond yields are, or the trade-offs of debt vs. equity – but but they won’t ask you to build a DCF model or calculate Unlevered Free Cash Flow. These individuals are usually “high net worth” (HNW), meaning an average of $5 – $10 in assets, but it could be as low as $1 million.

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The prime brokerage pie is growing, which means bigger slices for everyone

The TRADE

The prime brokerage industry is back to its best. Not that the seemingly never-ending list of aforementioned market occurrences had noticeably hindered the prime business. Prime brokerage is an industry which thrives off its clients’ growth, and that’s exactly what we’re seeing now. in April 2023, to 92% in 2024.

Broker 69
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Infrastructure Investment Banking: Definitions, Deals, and a Dizzying Diversity of Verticals

Mergers and Inquisitions

The most difficult part of infrastructure investment banking is defining the exact verticals and deal types it covers. Like renewable energy IB , different banks classify their groups differently, so you could find yourself working on everything from a data center REIT M&A deal to an airport financing to an IPO for a solar developer.