Nov 8, 2011 - Morning Financial Market Update

Markets

DJIA*
12068.39 85.15 +0.71%
Nasdaq*
2695.25 9.10 +0.34%
S&P 500*
1261.12 7.89 +0.63%
Global Dow
1873.08 9.78 +0.52%
FTSE 100
5604.34 93.52 +1.70%
Nikkei Average*
8655.51 111.58 -1.27%

Euro (EUR/USD)
1.3789 0.0012 +0.087%
Japanese Yen (USD/JPY)
77.9700 0.0900 -0.115%
U.K. Pound (GBP/USD)
1.6070 0.0012 +0.075%
10-Year Note
2.0570

News

JPMorgan Says Sell Defaulted Vitro Debt on Overvalued Offer: Mexico Credit
Vitro SAB’s defaulted bonds are rallying to a two-month high, a sign to JPMorgan Chase & Co. and BCP Securities LLC to sell the securities because the price overvalues the Mexican glassmaker’s latest debt-restructuring offer by almost 50 percent.

ft.com/home/us">Berlusconi faces crunch parliament vote
Italian bond yields at euro-era highs as key ally calls for PM to resign

Biggest Solar Silicon Maker Expands Production as Prices Plunge
The Hemlock Semiconductor Group, the world’s biggest maker of polysilicon, is increasing production as a glut for the material used in semiconductors and solar cells pushes down prices to the lowest since 2003.

Former Boxing Champion Joe Frazier Dies at 67
Joe Frazier, who used a pounding left hook to fight his way to boxing’s heavyweight title, then battled Muhammad Ali in three epic matches and in the court of public opinion, has died. He was 67.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”