OfficeHours

JULY 11, 2023

Note that these tests are different from other ones you may have heard about like the Chartered Financial Analyst (CFA) exams, which are offered by the CFA Institute. Is It Possible That On-Cycle 2025 Is Around The Corner? It’s business that caters to the U.S. 4 = 6.125x Revenue, what was NTM?

Investment Banking 130

Investment Banking Bank Banking Middle Market 130

Mergers and Inquisitions

DECEMBER 6, 2023

It’s 100% possible to do asset management internships (or hedge fund internships ), take the CFA , and recruit for one of these large funds – assuming it’s open to undergrads. Maximum Drawdown Limits: Because the multi-manager hedge funds are highly leveraged , they do not tolerate drawdowns. which may also contribute to market neutrality.

Funds 104

Funds Management Recruitment Portfolio 104

Global Newswire by Notified: M&A

JUNE 25, 2025

Landsea Homes shareholders are receiving $11.30 per share in cash for each share of Landsea Homes’ common stock they owned, without interest and less any applicable withholding taxes. Factors or events that could cause New Home’s or Landsea Homes’ actual results to differ may emerge from time to time, and it is not possible to predict all of them.

Corporation 40

Corporation Acquisitions Investors Media 40

Peak Frameworks

MAY 17, 2023

In a 2020 survey by CFA Institute, VBA was ranked as one of the top skills desired by employers in the finance industry. With VBA for Excel, you can automate tasks, create custom functions, and enhance your data analysis capabilities. VBA Variables and Data Types Variables are used to store and manipulate data in VBA code.

Financial Models 52

Financial Models Financial Modeling Finance Finance 52

Mergers and Inquisitions

MARCH 27, 2024

It’s like the downsides of studying for the CFA : The certification won’t hurt you, but it’s not necessarily worth the time and money required. If you want to work in investment banking in London , these “spring weeks” (1-2-week mini-internships in your first or second year of university) are helpful but not necessarily required.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

FEBRUARY 28, 2024

As with equity research and hedge fund roles, there are two main options for breaking in: Complete the CFA , get fixed income-related internships, and start working directly in FI research, either at a bank or a buy-side firm. Also, it can be quantitative or fundamental – or both! – see the fixed income trading article for the full list ).

Equities 59

Equities Debt Asset Management Recruitment 59

Wall Street Mojo

JANUARY 15, 2024

What Is Tax Accounting? Tax accounting refers to the methods and policies used for the preparation of tax returns and other statements needed for tax compliance and therefore, it provides frameworks and guidelines for arriving at a taxable profit. Thus, it is the process of recording of transactions related to accounting for tax.

Accountant 52

Accountant Profitability Financial Models Financial Modeling 52

FineMark

APRIL 13, 2023

Interestingly, throughout 2021 and 2022, there were no U.S. bank failures. Outside of the U.S., the 167-year-old Swiss bank, Credit Suisse, also suffered a crisis of confidence. In March, it was purchased by rival Swiss bank, UBS, in an emergency sale brokered by Swiss banking regulators. Its economic effect will also be deflationary.

Bank 52

Bank Banking Investment Economics 52

Mergers and Inquisitions

JANUARY 31, 2024

If you have the right background – IB/PE at top firms or possibly equity research or CFA / asset management experience – the interviews and case studies are fairly standard. Also, most of its outperformance came from strong results in 2004 – 2010, which is why it struggled and lost AUM and investor support in the 2011 – 2019 period.

Funds 59

Funds Management S&P Recruitment 59

Mergers and Inquisitions

NOVEMBER 15, 2023

I’ve now been writing about finance careers for almost 20 years, and the topic of the CFA for investment banking never seems to die. I first criticized the CFA in a 2009 article , which generated a lot of angry comments. But earlier in 2023, the CFA Institute announced the biggest changes to the program since it started.

CFA 59

CFA Investment Banking Bank Banking 59

FineMark

OCTOBER 17, 2023

Examples include greater adoption of hybrid work arrangements, improved childcare assistance, expanded (or even unlimited) PTO, and substantive wellness programs. While this temporary condition will likely reverse course in a recession, we see it persisting for a time as businesses realize that good employees are difficult to find.

S&P 52

S&P Investment Portfolio Corporation 52

FineMark

JANUARY 20, 2023

Go to top 2022 Fourth Quarter Review and Commentary By Christopher Battifarano, CFA ® , CAIA Executive Vice President & Chief Investment Officer Articles In This Issue: How Secure Act 2.0 Specifically, we think a focus on fundamentals and valuation will be a stronger determining factor in generating greater risk-adjusted returns.

Economics 52

Economics Portfolio Equities Investors 52

FineMark

JULY 13, 2023

Go to top 2023 Second Quarter Review and Commentary By Christopher Battifarano, CFA ® , CAIA Executive Vice President & Chief Investment Officer Articles In This Issue: How Sophisticated Have Online Scams Become? As asset allocators, studying the past helps us see the investment landscape for what it is—not what we wish it to be.

S&P 52

S&P Bank Banking Investment 52

FineMark

JANUARY 17, 2024

“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” Charles Munger, vice chairman of Berkshire Hathaway Corporation, expressing why he thought he and his business partner, Warren Buffett, had been such successful investors for so long.

S&P 52

S&P Equities Valuation Investment 52