Can s/o explain to me why cash on hand an debt financing are viewed as equivalent (and a company's use of cash on hand is typically assumed as it's opportunity cost of issuing debt)?
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| +157 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 17 | 1d |
| +87 | UBS Offer Day | 30 | 2d |
| +82 | Think Twice before Recruiting for HOUSTON IB!! | 44 | 18m |
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| +52 | No return offer - feeling like a failure is an understatement | 21 | 3h |
| +49 | How cooked am I as an incoming WF IB SA 2027? | 17 | 1d |
| +47 | WF Return offers | 28 | 3d |
| +40 | 2026 Investment Banking Return Offer Climate | 25 | 1d |
| +39 | Should I go back into a junior IBD role for comp? | 16 | 3d |
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