I was talking with a banker and he said his bank definitely leads with the balance sheet.
What exactly does this mean?
Trending Content - Investment Banking Forum
| +118 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 24 | 4h |
| +90 | Americas M&A League Table Q2 Updated | 46 | 7m |
| +72 | Wealthy Parents / Jaded | 24 | 17h |
| +56 | How are hours rn for SA (interns) | 31 | 7h |
| +49 | Venezuela Debt Restructuring - LAZ vs CVP | 22 | 1d |
| +47 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 11 | 12h |
| +38 | Boutique firm wants access to my LinkedIn? | 34 | 10h |
| +31 | Investment Banking in Mexico | 9 | 14h |
| +26 | MM bottom bucket bonus | 9 | 3d |
| +25 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 14 | 17h |
Career Resources
RBC. It means they don't take excessive risk... or so they say. Put it another way it means they're way smarter than everyone else because they're not global but regional, and therefore are better at what they do.
It means that they make a lot of their money through functions that you need a big balance sheet to conduct: syndications/leveraged finance, fixed income stuff, etc. They win a lot of business because they can provide a full suite of resources for companies to use. Compare that to a smaller shop, who doesn't have a huge balance sheet and thus makes their money via the advisory side of the business.
They pull their business by lending to the company first. The company in turn gives them i-banking fees in order for the relationship to be profitable for the bank.
What SECfinance said..they can make loans to the firms they advise if needed, or they can use their syndicate desk to help with distribution of new securities. Think of what MS and those banks were able to do with facebook shares
I think G.M. was replying to the wrong thread.
Quaerat vel iure eos enim eius velit. Quos nostrum similique recusandae ex rem. Voluptatem distinctio veniam inventore nisi nihil nulla quod.
Magnam debitis sed explicabo. Saepe quia commodi odio. Harum beatae id illo sint cumque quia ut adipisci. Quam id occaecati molestiae quis nemo quo.
Repudiandae eum culpa placeat debitis. Necessitatibus sint atque adipisci id tenetur aut.
Dolor ea aut autem et maxime qui. Sunt ratione sit autem nulla.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...