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Investment Bankers Love Equity

"I Don't Want to Do Equities" I am a big fan of "giving back" to aspiring financiers, in large part due to my altruistic nature. However, another reason is to encounter dunces and laugh at them. When I get a few in a row of the latter, I grow weary of

Types of Revolving Loans

What is a Revolving Loan? Revolvers are some of the most common loan products available from commercial banking and corporate banking. Most people are familiar with the concept of a regular loan. The borrower takes out a fixed amount of money (the loan principal) that must be paid off along with the

Investment Banking Bake-Off or Beauty Contest

Investment Banking Request for Proposal In the eternal quest for the next sale, the request for proposal (“RFP”) is a very important part of boosting the probability of a transaction where the investment banker gets paid. A request for proposal is not unique to investment banking. These are fairly standard solicitations across

Investment Banking for Dummies

I used to know a socialite girl who worked at Holt Renfrew in Vancouver. As they have purchase allowances and because it is incumbent upon junior investment bankers to be immaculately dressed in no small part due to the toxic lifestyles endorsed by new finance Instagram accounts, I was happy

Investment Banking Summer Analyst Survival Guide

For most entry level investment banking spots, the summer internship is increasingly becoming a prerequisite for landing a position. To some extent, these summer internships have become so coveted that they may demand brand name work experience and very high grades to be considered. Why Investment Banks Hire Summer Interns The summer

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