Corporate Banking in China China Corporate Banking Hong Kong by Karl - February 27, 2017November 11, 20180 This article was co-authored by corporate bankers at a large global bank and a Big 4 Chinese bank and an investment banker from a Bulge Bracket, all working in the Hong Kong Special Administrative Region Corporate Banking is a huge market in China, and as the economy grows (at a much
Breaking into Investment Banking as a Big 4 Accountant in Audit Equity Research Investment Banking by Matt - February 21, 2017February 19, 20180 Accounting to Investment Banking There are a lot of bright professionals in audit who have expressed an interest in moving to investment banking. The good news is that the Big 4 firms are strong brand names and the work experience is somewhat relevant. The bad news is that analysts at boutique and
How to Answer “Why Investment Banking”? Canada Interviews by Matt - February 18, 2017February 23, 20180 Along with “walk me through your resume”, this is one of the questions you will always get in an investment banking interview. We already cover this question in our behavioural interview section, but since so many aspiring bankers continue to get it wrong we are expanding on the purpose of
Financial Regulatory Bodies in Hong Kong Compliance Hong Kong by Karl - February 16, 2017February 16, 20200 There are three major financial regulatory bodies in Hong Kong. As new financial products were introduced to the markets and the sophistication of such products increased while wealth inflows expanded, the risks of malpractice grew in tandem. Financial regulators have a balancing act in order to promote the confidence in financial
Options for Distressed Debtors: Selling the Corporate and Bankruptcy Restructuring by Matt - February 15, 2017March 2, 20190 In a previous post, we discussed refinancing and restructuring options for a corporate. Sometimes, the restructuring and refinancing options do not appease creditors and they may look for a sale. For the more senior creditors, assuming that the company is only slightly underwater, they do not care that much about the
2 Common Interview Mistakes Canada Interviews by Matt - February 14, 2017February 19, 20180 February is interview season as analysts who leave investment banks after bonus cause a large reshuffling of financial jobs. Investment banking analysts leave for equity research, private equity and corporate banking. Equity research associates leave for investment banking and hedge funds. Smaller banks, boutiques, asset managers and transaction services shops (Big 4
How to Show Your Passion for Finance Interviews Networking by Matt - February 7, 2017February 23, 20181 Roll back a few years, and I’m at an information session fielding questions, some thoughtful and some less so. One guy keeps raising his hand and has asked just about every question that is taboo or could get you banned from Wall Street Oasis for not using the search function. “What’s more
Walk Me Through a DCF Equity Research Featured Interview Questions Networking by Karl - February 5, 2017February 19, 20180 This is the one question that all interviewees can expect to get in an investment banking interview (and possibly a coffee chat), so there is no excuse to not be prepared for this question coming up – it’s about the same as forgetting to put on a suit. My sentiment is
Options for Distressed Debtors: Refinancing and Restructuring Leveraged Finance Restructuring by Matt - February 2, 2017March 2, 20190 Modeling and Analyzing a Distressed Corporate Before evaluating options, stakeholders in a distressed company must first develop a view as to how much the company is worth. As discussed in our restructuring process post, pro forma cash flows reflecting a healthy company must be analyzed in order to inform the valuation. Investment