EBITDA Exit Multiple

slickmac — Sat, 05 Apr 2008 00:31:37 -0400

How exactly do you determine an appropriate EBITDA exit multiple for a given firm. Obviously you look at comps, but where exactly does one derive the exit multiple from?

Protestors Infiltrate Bear Stearns Lobby

slickmac — Thu, 27 Mar 2008 08:39:53 -0400

Article
NEW YORK (AP) -- Some 200 protesters said Wednesday the government is bailing out Wall Street while abandoning Main Street.

The demonstrators, wearing yellow T-shirts with the Neighborhood Assistance Corporation of America logo, took their protest to the lobby of the struggling Bear Stearns (BSC, Fortune 500) investment bank.

F-eye-nance or F-en-ance

slickmac — Tue, 18 Mar 2008 21:27:58 -0400

As there is nothing important going in the news concerning financial markets and investment banks right now, I wanted to get people's input on the accepted pronounciation of finance. I have heard both forms of pronounciation used and want to know what is considered the most acceptable for use in IB in NY. What is with the discrepancy?

F-eye-nance or F-en-ance

Protocol for handling "the offer call"

slickmac — Mon, 04 Feb 2008 01:01:54 -0500

When a bank calls you to extend a summer analyst offer, what is the typical protocol? How do you ask for more time until you make your decision? Can you ask for a written offer letter? Is it usually HR or a banker calling? How does the conversation typically go? Anyone who has been through this, your input is appreciated.

Citi Markets & Banking 1st Round Interview (IB)

slickmac — Thu, 24 Jan 2008 15:29:19 -0500

Anyone been through Citi's 1st round interview for IB?

Synergy Projections

slickmac — Wed, 16 Jan 2008 20:29:27 -0500

Hey All,
How does one determine projected synergies from past mergers & acquisitions. For example, if I wanted to know the estimated synergies regarding First Data, what filing would I look at and where would I find these projections? Thanks in advance.

When should one start to worry about summer positions

slickmac — Tue, 16 Oct 2007 07:46:10 -0400

At what point in time should an individual pursuing a summer analyst position start to worry if they haven't gotten called for any interviews? I know that most banks are just wrapping up their FT positions but many are starting to look at Summer 2008 candidates. Any suggestions/advice?

Cheers

A good suit, modestly priced

slickmac — Wed, 29 Aug 2007 18:13:30 -0400

What retail outlets do you guys recommend for picking up a very nice suit that is modestly priced. I'd say I'm willing to commit at most 1000 to the entire interviewing outfit. Any suggestions?

Various Questions From Various Subjects

slickmac — Thu, 31 May 2007 08:31:07 -0400

First off, let me apologize for the vague forum topic. I had a couple of questions that I don't feel need to be addressed in separate topics. That being said, my questions are:

1. Do most BB firms utilize CapitalIQ? If so, to what end goal? Are they pulling comps, charting firms against indices, obtaining multiples, viewing financial statements etc? Please don't answer this with all of the above. If there are other reasons Capital IQ is used, please include them.

Practice Valuating Companies

slickmac — Thu, 24 May 2007 15:55:30 -0400

I was wondering if any of the current bankers out there have any suggestions how to adequately prepare for valuating companies. Are there any articles (links/titles), textbooks, workbooks, etc. that have to your experiences proved worthwhile and more so, applicable? I have done a substantial amount of research into trying to uncover some of the best ways, and most valuation methods are people's subjective opinion of DCF Analysis (usually a professor at Wharton). I am currently working for a MM IB with connections to a BB and would like to be prepared for any valuations they throw my way as well as my possible eventual transfer to the connected BB. This is mainly concerning DCF but any public comparables or precedent transactions would be an interesting read as well.