Investing Vs Underwriting in DCM/LevFin/Commercial Banking

"It's not about pride or ego. It's only about money. I can leave now, even with Grama and KGB... and halfway to paying Petrovsky back. That's the safe play. I told Worm you can't lose what you don't put in the middle. But you can't win much either."

oreos

Human

11y

yes.

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper

triplectz

King Kong

11y

Underwriting debt = MS's promise to provide the debt if they can't find a customer to do it.

Syndicating debt = Finding the lenders to provide the debt

Investing = Providing the debt

Deal Consideration Examples

mrb87

Almost Human

11y

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