|
Author |
Message |
|
SVP
Status: Burning mid-night oil....daily
Joined: 07 Nov 2008
Posts: 2400
Schools: Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Followers: 63
Kudos [?]:
678
[1] , given: 548
|
Wall St Series (IB/PE etc) - Latest Trend [#permalink]
23 Mar 2009, 08:06
1
This post received KUDOS
|
|
|
|
|
|
|
|
|
SVP
Status: Burning mid-night oil....daily
Joined: 07 Nov 2008
Posts: 2400
Schools: Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Followers: 63
Kudos [?]:
678
[2] , given: 548
|
Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink]
23 Mar 2009, 08:13
2
This post received KUDOS
Topic: Latest Career, Compensation & Job Market Trend* M/B/B Placement Statistics @ Top SchoolsStat sheet put together by Avernusaur * IB Recruiting @ BoothPost by Sonibubu * Avg Compensation of Top IB 2005-2007Mean compensation of everyone from janitors to CEOs. * IB & PE Compensation Report 2007-2008BankersBall Investment Banking & Private Equity 2007-2008 Compensation Report * Investment Banking RecruitingGMATclub official thread for discussing IB recruiting 1/12/09 - Future B-School Hire in Private EquityOp-ed regarding the current job market for PE firms. 1/28/09 - Current Bankers Fear UnemploymentWhat bankers are thinking right now. 1/28/09 - 3 Morgan Stanley Summer InternsMorgan Stanley Summer internship stories. 2/10/09 - UBS Promises More Pay to Bankers After Job ReductionsUBS said it will offer investment bankers more pay this year after announcing layoff. 2/10/09 - Talent, Revenue Shifting to Boutique Investment BanksBoutique banks gaining talent after TARP announcement. 2/13/09 - Smaller IB Gaining Ground vs Traditional Big BanksWith Wall Street's biggest names in turmoil, the next tier of investment banks are licking their chops. 3/2/09 - Recruiting SeasonCredit Suisse Summer Internship 3/23/09 - UBS extends lock-in for directors’ incentives to eight yearsUBS directors will in future be locked into equity incentive plans for up to eight years.
_________________
Find out what's new at GMAT Club - latest features and updates
|
|
|
|
|
|
SVP
Status: Burning mid-night oil....daily
Joined: 07 Nov 2008
Posts: 2400
Schools: Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Followers: 63
Kudos [?]:
678
[0], given: 548
|
Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink]
23 Mar 2009, 08:14
UBS extends lock-in for directors’ incentives to eight yearsUBS 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.http://www.wealth-bulletin.com/home/content/1053703174/
_________________
Find out what's new at GMAT Club - latest features and updates
|
|
|
|
|
|
SVP
Status: Burning mid-night oil....daily
Joined: 07 Nov 2008
Posts: 2400
Schools: Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Followers: 63
Kudos [?]:
678
[0], given: 548
|
Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink]
23 Mar 2009, 08:24
Topic: Latest Wall St Culture, Workplace & Lifestyle Trend3/17/09 - Goldman to offer loans to some employeesDue to massive decline in employee net worth, GS is offering loans to employees.
_________________
Find out what's new at GMAT Club - latest features and updates
|
|
|
|
|
|
Intern
Joined: 09 Jan 2009
Posts: 47
Schools: Darden, Haas, Smith, Wharton, Stanford and HBS
Followers: 0
Kudos [?]:
3
[0], given: 0
|
Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink]
23 Mar 2009, 18:50
Good stuff nink.
+1 and Kudos!
|
|
|
|
|
|
GMAT Club Legend
Joined: 10 Apr 2007
Posts: 4319
Location: Back in Chicago, IL
Schools: Kellogg Alum: Class of 2010
Followers: 68
Kudos [?]:
679
[1] , given: 5
|
Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink]
23 Mar 2009, 19:28
1
This post received KUDOS
A friend sent me this the other day...interesting read. http://www.vanityfair.com/politics/features/2009/02/wolff200902
_________________
Kellogg Class of 2010...still active and willing to help. However, I do not do profile reviews, don't offer predictions on chances and am far to busy to review essays, so save the energy of writing me a PM seeking help for these. If I don't respond to a PM that is not one of the previously mentioned trash can destined messages, please don't take it personally I get so many messages I have a hard to responding to most. The more interesting, compelling, or humorous you message the more likely I am to respond. Find out what's new at GMAT Club - latest features and updates
|
|
|
|
|
|
SVP
Status: Burning mid-night oil....daily
Joined: 07 Nov 2008
Posts: 2400
Schools: Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Followers: 63
Kudos [?]:
678
[0], given: 548
|
Re: Wall St Series (IB/PE etc) - Latest Trend [#permalink]
23 Mar 2009, 19:37
Topic: Latest Wall St (Financial Services) Notable News3/23/09 - 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 StYellowjacket's post - mispricing of CDOs and CDSs and the guy who developed it. 3/25/09 - Private Equity's Future in a Deleveraging WorldStory on how PE firms will evolve and survive. 3/25/09 - Wall Street Deal Making Enters Stealth Modejb32's post - return of M&A.
_________________
Find out what's new at GMAT Club - latest features and updates
|
|
|
|
|
|
SVP
Status: Burning mid-night oil....daily
Joined: 07 Nov 2008
Posts: 2400
Schools: Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Followers: 63
Kudos [?]:
678
[0], given: 548
|
Re: If Goldman Returns Aid, Will Others? [#permalink]
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?http://www.nytimes.com/2009/03/24/busin ... ss&emc=rss
_________________
Find out what's new at GMAT Club - latest features and updates
|
|
|
|
|
|
SVP
Status: Burning mid-night oil....daily
Joined: 07 Nov 2008
Posts: 2400
Schools: Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Followers: 63
Kudos [?]:
678
[0], given: 548
|
Re: Private Equity's Future in a Deleveraging World [#permalink]
25 Mar 2009, 08:11
Private Equity's Future in a Deleveraging WorldAs the liquidity crunch curbs cheap debt, private equity will shrink dramatically, and a smaller, more vibrant industry will reemerge http://www.businessweek.com/managing/co ... =rss_daily
_________________
Find out what's new at GMAT Club - latest features and updates
|
|
|
|
|
|
Director
Joined: 20 Feb 2008
Posts: 797
Location: Texas
Schools: Kellogg Class of 2011
Followers: 4
Kudos [?]:
143
[0], given: 9
|
Re: Wall Street Deal Making Enters Stealth Mode [#permalink]
25 Mar 2009, 14:09
Wall Street Deal Making Enters Stealth ModeAfter 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. http://blogs.wsj.com/deals/2009/03/25/wall-street-deal-making-enters-stealth-mode/?mod=djemDeal&reflink=djemWLB
|
|
|
|
|
|
|
Re: Wall Street Deal Making Enters Stealth Mode
[#permalink]
25 Mar 2009, 14:09
|
|
|
|
|
|
|
|
|
|
|