Dealing with securities is a highly regulated business (for obvious reasons, the money of common people is at stake) - as an investment banker in an execution group such as equity capital markets, mergers and acquisitions and debt capital markets, being able to understand the various regulatory hurdles, requirements and
Month: August 2016
Differences Between Leveraged Finance and DCM
What is Leveraged Finance? Leveraged finance ("LevFin") is in its official capacity a debt capital markets (DCM) group. However, when investment bankers refer to DCM they are almost always referring to investment grade debt capital markets. Levfin is in practice treated as a separate product group. Functionally, the two roles end up
Early Bond Redemption Analysis
Early Retirement of Debt for Capital Structure Debt Capital Markets may approach companies to discuss opportunistically retiring outstanding debt before the natural maturity date. As bonds are contractual obligations for a set period of time, the early paydown of debt must be negotiated unless there is a provision that allows for
What Are: Crude Oil & Natural Gas
What Does A Bad Week In Investment Banking Look Like
Checking Your Work in Investment Banking
Investment Banking Work Must Be Flawless You may have heard that you cannot make mistakes or make the same mistake twice in investment banking. Well, what happens when you make mistakes? Investment banking has great self-correction mechanisms - you get yelled at or feel the radiant heat of disapproval from higher ups. After