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Wall St Series (IB/PE etc) - Latest Trend

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nink
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WE 1: IB - Restructuring & Distressed M&A
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Wall St Series (IB/PE etc) - Latest Trend [#permalink] New post   23 Mar 2009, 08:06
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* Latest Finance Career, Compensation & Job Market Trend

* Latest Wall St Culture, Workplace & Lifestyle Trend

* Latest Wall St (Financial Services) Notable News

* Investment Banking Interview for Dummies
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Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink] New post   23 Mar 2009, 08:13
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Topic: Latest Career, Compensation & Job Market Trend

* M/B/B Placement Statistics @ Top Schools
Stat sheet put together by Avernusaur

* IB Recruiting @ Booth
Post by Sonibubu

* Avg Compensation of Top IB 2005-2007
Mean compensation of everyone from janitors to CEOs.

* IB & PE Compensation Report 2007-2008
BankersBall Investment Banking & Private Equity 2007-2008 Compensation Report

* Investment Banking Recruiting
GMATclub official thread for discussing IB recruiting

1/12/09 - Future B-School Hire in Private Equity
Op-ed regarding the current job market for PE firms.

1/28/09 - Current Bankers Fear Unemployment
What bankers are thinking right now.

1/28/09 - 3 Morgan Stanley Summer Interns
Morgan Stanley Summer internship stories.

2/10/09 - UBS Promises More Pay to Bankers After Job Reductions
UBS said it will offer investment bankers more pay this year after announcing layoff.

2/10/09 - Talent, Revenue Shifting to Boutique Investment Banks
Boutique banks gaining talent after TARP announcement.

2/13/09 - Smaller IB Gaining Ground vs Traditional Big Banks
With Wall Street's biggest names in turmoil, the next tier of investment banks are licking their chops.

3/2/09 - Recruiting Season
Credit Suisse Summer Internship

3/23/09 - UBS extends lock-in for directors’ incentives to eight years
UBS directors will in future be locked into equity incentive plans for up to eight years.
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Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink] New post   23 Mar 2009, 08:14
UBS extends lock-in for directors’ incentives to eight years

UBS directors will in future be locked into equity incentive plans for up to eight years, as part of an initiative by the Swiss bank to improve its governance. Until now, executives could sell vested stock after five years, as long as they continued to own equity valued at five times their cash compensation.

UBS also intends to gain the right to cut cash incentives promised up to three years earlier. The principles behind this system will also be applied to risk-takers, including traders, operating at a senior level below the board. Notice periods will be halved to six months.

https://www.wealth-bulletin.com/home/content/1053703174/
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Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink] New post   23 Mar 2009, 08:24
Topic: Latest Wall St Culture, Workplace & Lifestyle Trend

3/17/09 - Goldman to offer loans to some employees
Due to massive decline in employee net worth, GS is offering loans to employees.
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Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink] New post   23 Mar 2009, 18:50
Good stuff nink.

+1 and Kudos!
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Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink] New post   23 Mar 2009, 19:28
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A friend sent me this the other day...interesting read.
https://www.vanityfair.com/politics/features/2009/02/wolff200902
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Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink] New post   23 Mar 2009, 19:37
Topic: Latest Wall St (Financial Services) Notable News

3/23/09 - The Ultimate Bubble?
Riverripper's post - Which PE firm will go bust first? KKR? Blackstone?

3/23/09 - If Goldman Returns Aid, Will Others?
If GS returns the TARP money, will the others follow?

3/24/09 - The Formula That Killed the Wall St
Yellowjacket's post - mispricing of CDOs and CDSs and the guy who developed it.

3/25/09 - Private Equity's Future in a Deleveraging World
Story on how PE firms will evolve and survive.

3/25/09 - Wall Street Deal Making Enters Stealth Mode
jb32's post - return of M&A.
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Re: If Goldman Returns Aid, Will Others? [#permalink] New post   23 Mar 2009, 19:41
If Goldman Returns Aid, Will Others?

Goldman Sachs is planning to return the TARP money due to the compensation restriction issues (among other things). Other banks want to follow. However, are the banks really strong enough to give up this money? Is this a sign that the value of all their toxic securities hit the bottom and they won't be devalued anymore?

https://www.nytimes.com/2009/03/24/busin ... ss&emc=rss
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Re: Private Equity's Future in a Deleveraging World [#permalink] New post   25 Mar 2009, 08:11
Private Equity's Future in a Deleveraging World

As the liquidity crunch curbs cheap debt, private equity will shrink dramatically, and a smaller, more vibrant industry will reemerge

https://www.businessweek.com/managing/co ... =rss_daily
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Re: Wall Street Deal Making Enters Stealth Mode [#permalink] New post   25 Mar 2009, 14:09
Wall Street Deal Making Enters Stealth Mode

After months of constricted options and volatile markets, the wide world of deals is looking up again.

U.S. companies are testing the markets with select mergers, initial public offerings, follow-on equity offerings and debt sales after the deep freeze of 2008. Some have even sought multiple deals–Alcoa’s $1.3 billion sale of stock and convertible bonds, say, or swiss pharmaceutical company Nycomed hiring Goldman Sachs Group to explore either a merger or an initial public offering so that Nycomed’s investors, Scandinavia’s Nordic Capital and Swiss-owned Credit Suisse DLJ Merchant Banking Partners, can cash out on part of their investment. An IPO is not likely, but even the idea that it is on the table is meaningful.

https://blogs.wsj.com/deals/2009/03/25/wall-street-deal-making-enters-stealth-mode/?mod=djemDeal&reflink=djemWLB
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Re: Wall Street Deal Making Enters Stealth Mode [#permalink]
25 Mar 2009, 14:09
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