Investment Banking - Recent Development

I would point toward the emergence of the BRIC. Western IBs will need to tailor their services to support companies in different countries.

I agree BRIC is a great idea.

Could talk about how the recent bailouts could lead to the government potentially regulating the industry in some way (compensation, amount of debt a company can hold, etc).

Whats BRIC? and ye ive been reading they are now regulating compensation pays for executives from cash to convertible stock options.......to prevent what they think caused a majority of the financial crisis, can you guys please elaborate on these and the issue with regulating the amount of debt banks can now hold.....

BRIC = Emerging markets countries (i.e. Brazil, Russia, India, China).

Mentioning BRIC should suffice. Perhaps, a short discussion on the record levels of cash companies are holding on their balance sheets and how this may lead to an increase in M&A.

I recommend reading the NYT Dealbook. There are always a few articles about the overall conditions in the industry and its near-term forecast.

Good luck.

I really hope someone from BarCap's HR reads WSO so that they can catch your phony ass

I can't believe you asked what BRIC meant. Do you not know how to f@cking look something up on the Internet? You looked this site up right?

You can never work in high finance since your attitude is to ask for someone else to do it.

Seriously just delete your account and stop subjecting us to your retarded questions "what's BRIC" "what is iBD" "which sites have news"

Barclays don't want ya boy

How is that Barclays application coming?

Well said GOB.

Interested IND...you need to realize that this site is for insight on topics that are not readily available online. Before posting exhaust all your other informational tools.

Barcap quality sure has gone down.

You're not seriously considering using a response from WSO for a job application, are you?

a lot of bad stuffs hapepned but its ok cuz i kno u guy r a grate compayu to work 4. so far latel i no that goldman sachs is the best bank so i hope to work for them... but ur company good too for a backup lollz... i like investment bankng its on its way upp

PS: this is for barclays isn't it?

haha yep thats barclays.

ha ha that is gold! Essay my ass...

are these essays even looked at? I feel like this is just to make sure your not an idiot. Will it sway an real decisions if your short essay isnt as good as others?

Barclays app?

"In recent years, tens of thousands of S&T employees have continued to be laid off. The implication this development might have for the S&T division is that it might not hire me."

Honestly I wouldn't get too flustered about this. They aren't going to offer you an interview or not based on your response. Just think about the people who are screening these..

Google JOBS Act

yup, first read in barclays. and thank u guys.

Percentage of loss in what respect?

Take all the publicly traded "investment banking" companies, calculate the change in stock price from Jan 1, 2008 to Dec 21, 2008. There you have it.

Or do some digging and find get an accumulated value of asset write downs since Jan 1, 2008 as a percentage of total assets Jan 1, 2008.

Not sure exactly what you're asking.

I'm asking for percentage of loss in total employment in the investment banking industry.

Its the same principal chief. Take the top 10 investment banks... total head count Jan 1, 2008, add up all the layoffs at those banks and do the math.

No one knows this shit off the top of their heads, if thats what you're looking for.

student-who-cleverly-implies-he-smokes-weed, I found a site that has all the information you need:

http://letmegooglethatforyou.com/?q="Layoff+Tracker+-+Forbes.com"

letmegooglethatforyou.com is perhaps my favorite website.

• Capt K

here's a good way to quantify an answer to your question... i'm not at work so i don't have access to bloomberg right now but you could go to bloomberg and pull up year over year league table results and see what shrinkage there has been in MandA activity or underwriting activity.

Volume will come back, but you are right, IBD is not a 20+% ROE business unless you're in a raging bull market...i think it will be a profitable business this year with M&A coming back ever so slightly and some marquee IPOs on the horizon (think fbook, linkedin, silver spring) and continual restructuring

agreed with above post. But trading profits are always higher.

The GS record profits weren't from prop trading from what I understand, it was S&T

I found the other thread and it only discusses MiFID. MiFID is worth mentioning but probably not as timely as the two topics I posted above.

Goes along with the theme of disintermediation a bit, but can be spun more positively for banks...

The Portal Market (http://www.washingtonpost.com/wp-dyn/content/article/2007/08/13/AR20070…).

Huge for PE firms that want partial liquidity for their portfolio companies - can also tie in some other themes here like the rise of PE, the decline of public markets due to dot-com/SOX etc., and the changing roles of PEs vs. strategics in auction processes.