Understanding the Trading Floor Sales & Trading by Matt - February 18, 2018February 17, 20190 Written by a structurer at a major investment bank Compensation on the Trading Floor versus Investment Banking Getting paid on the trading floor is very different from getting paid in investment banking. From other literature, the trading floor is supposed to be much more meritocratic than investment banking – we can easily
Why Are Canadian Oil & Gas Companies Down? Canada Markets by Matt - February 11, 2018March 1, 20180 This runup in oil prices has resulted in energy companies across the globe seeing their stock prices rise as cash flow expectations ramp up. However, Canadian energy companies have lagged global peers and for some names – gas producers in particular - dropped precipitously during this same time period. The reason
February 2018 Oil Price Update Markets by Matt - February 10, 2018March 1, 20180 This week, everything is down – stocks, bonds, commodities and Bitcoin have all been hit hard by the return of volatility, with no safe havens (ironically, Snapchat and Twitter did very well). This sell off was not in line with economic data, which was broadly positive throughout the week. Consumers are
Interview with: Real Estate Commercial Banking VP Commercial Banking Interview Series Real Estate by Karl - February 10, 2018February 19, 20180 What candidates do commercial banks hire for in terms of degree and grades? I would say that the commercial banking sector assesses candidates from a fairly diverse background in terms of undergraduate degrees. That being said, a deeper understanding of business concepts, economics, accounting, and/or mathematics goes a long way in
Accounting Questions for Investing and Equity Research Accounting Interview Questions by Matt - February 9, 2018February 19, 20180 For equity research and investment roles, a very good understanding of accounting is required to parse through financial statements and figure out what does and does not matter. Understanding how things flow through the three statements and how foreign operations affect company profits and cash flow is especially important for companies
Pitch Me an Oil & Gas Stock Interview Questions by Matt - February 6, 2018February 19, 20180 What Energy Stock Would You Buy? Pitch me a stock is a question you are certain to get in any investing role or for equity research. You will occasionally get "pitch me a stock" in investment banking, but will not be required to go as in depth. For research and investing
Interview with: Transfer Pricing VP Interview Series by Karl - February 2, 2018February 18, 20180 What is transfer pricing? Transfer pricing refers to the rules and methods for pricing transactions between enterprises under common ownership or control (ie. subsidiaries of large multinationals). It largely applies to the pricing of cross-border transactions between related entities, a good example would be the pricing of services provided by a subsidiary