Vault.com Career Guide to Investment Banking

by Vault.com

• ISBN13: 9781581311150
• ISBN10: 158131115X
• Edition: 3rd
• Format: Paperback
• Copyright: 2000-09-01
• Publisher: VAULT.COM

Summary

Guide from the Vault Career Library from corporate finance and sales & trading to research and syndicate and how these functions interact, the career path in investment banking for experienced professionals, as well as MBAs and recent college graduates

Table of Contents

Overview of Investment Banking
The Industry
What is an Investment Bank?	5	(12)
Commercial Banking, Investment Banking, and Asset Management	17	(8)
The Equity Markets	25	(8)
The Fixed Income Markets	33	(8)
Trends in the Investment Banking Industry	41	(4)
Stock and Bond Offerings	45	(6)
Mergers and Acquisitions, Private Placements and Reorganizations	51	(8)
The Jobs
Corporate Finance	59	(26)
The Players	61	(3)
The Role of the Players	64	(10)
The Typical Week in Corporate Finance	74	(7)
Formulas for Success	81	(4)
Institutional Sales and Trading	85	(36)
Trading --- The Basics	87	(6)
Executing a Trade	93	(6)
Trading --- The Players	99	(4)
Trading --- The Routine	103	(5)
Institutional Sales --- The Basics	108	(2)
Institutional Sales --- The Players	110	(7)
Private Client Services (PCS)	117	(4)
Research	121	(20)
The Players and the Product	122	(7)
Three Months in Research	129	(7)
Research --- The Ties that Bind	136	(5)
Syndicate: The Go-betweens	141	(282)
Leading Employers
Allen & Company	150	(8)
Banc of America Securities	158	(10)
Bear Stearns	168	(10)
Broadview International	178	(8)
The Chase Manhattan Corporation	186	(12)
CIBC World Markets	198	(10)
Credit Suisse First Boston	208	(12)
Deutsche Banc Alex. Brown	220	(8)
Donaldson Lufkin & Jenrette	228	(10)
Goldman Sachs	238	(12)
Jefferies & Co	250	(8)
J.P. Morgan	258	(10)
Lazard	268	(10)
Legg Mason	278	(6)
Lehman Brothers	284	(8)
Merrill Lynch	292	(10)
Morgan Keegan	302	(6)
Morgan Stanley Dean Witter	308	(10)
Paine Webber	318	(8)
Peter J. Solomon Company	326	(6)
Prudential Securities	332	(8)
Raymond James Financial	340	(8)
Robertson Stephens	348	(8)
Salomon Smith Barney	356	(10)
SG Cowen	366	(8)
TD Securities	374	(6)
Thomas Weisel Partners	380	(8)
UBS Warburg	388	(8)
U.S. Bancorp Piper Jaffray	396	(8)
Wasserstein Perella	404	(8)
Wit SoundView	412	(11)
Glossary	423	(12)
Recommended Reading	435