Can anyone explain what LCM is? I'm trying to figure out whether or not I would want to participate in something like Leveraged Capital Markets but I don't know what exactly it entails.
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You don't. They basically do what DCM does but with high yield issues. Seeing that the high yield market is dead and will likely be dead for the foreseeable future, I would stay away from it. If you need more clarification, let me know.
i believe DCM nowadays stands for Distressed Capital Markets
The world has changed. And we must change with it.
which is still pretty much dead.
Leveraged Finance Capital Markets Desk? (Originally Posted: 10/08/2009)
Does anyone have any idea on what the group might do? Is it closer to lev fin or cap mkts?
Appreciate any insights in advance.
Thanks!
where?
Barclays
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