When Are Dividends Irrelevant? (The Miller Modigliani Proposition)
There is a school of thought that argues that what a firm pays in dividends is irrelevant and that stockholders are indifferent about receiving dividends. Like the capital structure irrele
WTF is Investment Banking?
Why should you listen to me?
My email: [email protected] My cell: 917.224.1182
Why are you here?
What year are you? What questions do you have? Why are you interested in investment banking?
Investment Bank Overvi
What is investment banking?
Kamal Khan 26-Nov-2003
Where do Investment banks fit in?
Bank Of England, US Federal reserve
Cheque book/ Cash Card, Loans
Who are the
Risk Management in Banking
An Introduction to Risk
Risk Management is the process of measuring or assessing the actual or potential dangers of a particular situation.
Risk Has Two Components
Types of Risk
RAISING FUNDS EXTERNALLY: AN OVERVIEW OF INVESTMENT BANKING Chapter 8
Have You Considered .
becoming an Investment Banker?
In order to go "public" with an offering of Stock or Bonds, you must be approved by the Securities Exchange Comm
Investment banks assist public and private corporations and governments in raising funds in the capital markets (both equity and debt), as well as in providing strategic advisory services for mergers, acquisitions and o
Educational Series Careers on Wall St.
Wednesday, October 7th
Justin Van Vleck Co-President of Operations
Felix Popescu VP of Analyst Program
Ruoting Sun Stock Selection Committee
Jeff Smith Head of Educational Series
Investment Banking (Corporate Finance
Making Sense of Investment?
Shaun Finegan Sponsored by Konica Minolta
We are on the verge of a paperless world!
Bill Gates, The Times
Oct 29th 2005
16 14 12 10 8 6 4 2 0
1985 1990 1995 2000 2005 2010 2015
Today's Le cture
Rule of Thum s b FirmValuation
If you do not understand something,
Rule of Thum s b
We will look at two typically used rules of thumb
Hurdle rates Profitability Index
Fixing an arbitrary thre shold
Consider the option t
How to Pick Managed Investments
Travis Morien Compass Financial Planners Pty Ltd [email protected] http:/www.travismorien.com
Types of Managed Funds
There are two types of fund: Index funds seek to capture the performance of an asset class as cheapl
Initial Public Offerings and Investment Banking
Founder's resources Angels Venture capital funds
Most capital in fund is provided by institutional investors Managers of fund are called venture capitalists Venture capital
Economics 370 Money and Banking
Instructor Ryan Herzog
Chapter 10 Banking Industry: Structure and Competition
Historical Development of the Banking System Financial Innovation and the Evolution of the Banking Industry Structure of the U.S. Commercial Ba
Of the 6 other firms in your group, the number that choose 2 Your profits if you choose 2 and are in a green group. Your profits if you choose 1 and are in a green group. Your profits if you choose 2 and are in a white group. Your amount if y
Banking for the Underbanked: The Pigeon Park Story
CUCBC Fall Conference Friday, November 9, 2007 Presented by: Ellen Pekeles SVP Strategy, Vancity Credit Union
Outline of Presentation
1. Introduction 2. Vancity and our Community Leadership Strategy 3. Pi
An Evolution : The Emergence of Private Investment Banking
6th November 2007 Michael Demirel Head of Private Bank and General Manager Citi Private Bank, Switzerland
Holistic Private Banking Requires a MultiDisciplinary Approach
Meeting clients' complex ne
Presentation on management thesis
Under the supervision of Prof.Anand Patil
Presented by K.ANBAZHAGAN M0208004
The project explains Investment Banking. the importance of
The different products of Investment Banking , and the functions of Invest
Saloni Jain, Nikhil Vaid, Vinita Sen, Raghvendra Singh.
Section 2(e) of SEBI Act, 1992 defines merchant banker as `any person who is engaged in the business of issue management either by making arrangements regarding selling
ORIGIN OF (EVOLUTION)
In banking a merchant bank is a traditional term for an investment bank. The so called merchant banks, were in fact the original `banks'. These were invented in the middle ages by Italian grain merchants. Merchant ba
Merchant BankingAn Overview
Companies raise capital by issuing securities in the market. Merchant bankers act as intermediaries between the issuers of capital and the ultimate investors who purchase these securities.
Merchant banking. i
Refers to British
Merchant banking .
mobilising savings of people .
MERCHANT BANKING is defined as "an institution which covers a wide range of activities such as management of customer services,
Dr K Ramesha Professor
MERCHANT BANKING HISTORY
In late 17th and early 18th century Europe, the largest companies of the world were merchant adventurers. Supported by wealthy groups of people and a network of overseas trading posts, the
Thoughts on the Current Financial Turmoil presentation by Richard Rosen, Federal Reserve Bank of Chicago April 18, 2008
The views expressed here are those of the author and may not represent those of the Federal Reserve Bank of Chicago or the Federal Rese
Game Theory and Financial Markets
Recent events in the financial markets
July 2007: "Subprime mortgage" problems in the US. August: International interbank market "freeze". US Fed and ECB inject liquidity. Trading volumes remain low. September: Depositor
MTRA 16th Annual Conference November 14, 2006 The Banking Environment for Money Services Businesses
Lisa Arquette FDIC Associate Director AntiMoney Laundering & Financial Crimes Section
U.S. Banking System
US Banking System is Large, Diverse, and Comp
Statistical Information and the Banking Sector
PLENARY 1: INFORMATION IN KEY ECONOMIC SECTORS
Focus is to demonstrate how statistical information is critical for banking and more broadly monetary and financial sector activities.
Market Structure and Regulation in the U.S. Banking Industry
Professor Wayne Carroll Department of Economics University of Wisconsin-Eau Claire [email protected] Slides available at www.uwec.edu/carrolwd
Roles of Banks in the Economy
IT in Banking in Central Europe An Overview
Enterprise Ireland Dublin November 2006
s Introduction to G&C s Development of the Banking Sector s Overview of the Banking Sector in Central Europe s Differences to Western Europe & Business Trends s Ke
International Banking "Building Sustainable Growth"
March 2, 2006
Our Goal and Core Purpose
Our Goal To be the best Canadianbased international financial services company
Core Purpose To be the best at helping customers become financially better
Financial Services: The business environment
"Soon all that will remain of the old industries are the names of the founding institutions and even those are changing"
Key external drivers (FSA/Henley Centre)
Financial deregulation Increasing home owner