i know greenhill and other boutique banks say they dont have conflict of interests in giving advice because they only do M&A. but isnt there a high incentive to over-value a company b/c a) analysts and associates overvalue it so on their resumes they can put a larger deal down b)same for the firm - they can announce they did a $2.5 billion instead of a $1.8 billion deal. hows that not a conflict of interest?
| +166 | The "Not So Obvious" things that get you a return offer? | 20 | 47m | |
| +103 | Is my life over after not getting GS? | 25 | 3s | |
| +65 | Best IB group on the Street | 27 | 2h | |
| +56 | BIG FOUR ARE PARADISE | 15 | 1h | |
| +46 | Thoughts and tips on how to speak like an investment banker. | 25 | 2h | |
| +45 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 22 | 6h | |
| +36 | UBS Outlook | 28 | 1d | |
| +35 | Georgetown Placement for 2024 and 2025 | 21 | 6d | |
| +34 | How to deal with egotistical team? | 6 | 3d | |
| +32 | Highest Paid Bankers in Toronto? | 51 | 12m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
They have a conflict of interest because they may over value a company to state a larger deal on their resume/tombstone? Are you serious?
How about getting their client more money, establishing a relationship and collecting a bigger fee? Don't you think that poses a larger incentive to overvalue a company?
But more to the point... thats why both sides have bankers.
Lol at analysts and associates overvaluing a deal so they can put it on their resume.
On the second point though, that's relevant because I've heard from friends that Banks often harass firms like Bloomberg and Thomson Reuters to inflate the value of a deal (to include convertibles, warrants etc) so that they can rise in the league tables.
instant classic
Quod quae consequatur soluta qui harum voluptatem ex rem. Adipisci deleniti at voluptatum maiores mollitia culpa sit.
Aperiam dicta et soluta eaque est eum et. Et qui nisi et ab consectetur harum debitis. Tempore facere quo quisquam vero fuga cupiditate consequuntur.
Doloremque quia et esse deserunt dignissimos aut optio. Eum sapiente ut assumenda sit vel non. Molestiae reiciendis debitis quia enim harum et illo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...