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
Month: February 2017
Breaking into Investment Banking as a Big 4 Accountant in Audit
How to Answer “Why Investment Banking”?
Financial Regulatory Bodies in Hong Kong
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
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
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
Walk Me Through a DCF
Options for Distressed Debtors: Refinancing and Restructuring
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