1. Search Results

  2. DCM Path

    I'm interested in going into DCM. Yes, I understand that it usually comes with a sacrifice in regards to exit opps. Any insight on whether or not the "path" of going into DCM is any different than it would be for M&A? Tips on internship ...

    34 comments - 4 silver bananas - Jan 7 2018 - 5:45pm -

  3. Dcm and chances getting into it?

    Hi everyone I was wondering some advice here. I would appreciate hearing from others in DCM to get a clearer picture. I was wondering if you can talk about your experience broadly about working in DCM (hours, salary, exit opps, satisfaction) I see from a ...

    101 comments - 1 silver bananas - Jan 29 2016 - 11:19pm -

  4. Made it to a Bulge Bracket Bank

    Great news. I finally landed a spot in DCM for the leveraged finance team of a very prestigious BB on the street. I literally started from the bottom, working my way up, and have been working at a mid-size to small boutique firm for the past year and a ha ...

    17 comments - 9 silver bananas - May 16 2017 - 2:03pm -

  5. DCM and LevFin in Canada

    Hi guys, I'm really interested in Debt Capital Markets and Leveraged Finance in Canada and I was wondering if you guys could give any insight about it. How big are the teams for each, comp, exit ops, etc? I assume mostly the Big5 banks have teams in ...

    14 comments - 3 silver bananas - Jan 28 2018 - 10:17pm -

  6. Books for interview prep in debt capital markets (at least capital markets related)

    Hi I am currently applying to various banks to land a full-time offer or a trainee position in the field of debt capital markets. Therefore I am looking for some interview prep books which cover the relevant material, especially HOW something is done in r ...

    21 comments - 0 silver bananas - Feb 9 2017 - 5:13pm -

  7. High Yield (Credit Analysis) Interviews / Case Studies

    Hi, I was just wondering what questions are typically asked during interviews for high yield (credit analysis) positions? Also, what types of case studies are given during these interviews? My background consists of investment banking and three years at a ...

    18 comments - 1 silver bananas - May 5 2017 - 12:01pm -

  8. LATAM DCM interview

    So I managed to get an interview for LATAM DCM analyst. I am currently in Asset Management. Is there anything I should be worried about other than know the CFA L1 section of fixed income? I just wondering considering that LATAM covers a couple countries, ...

    10 comments - 2 silver bananas - Apr 8 2018 - 9:27am -

  9. Debt Capital Markets- Junior level people

    Does anyone know what junior level people within the DCM department does? A summary would be very nice. Thanks. DCM Debt Capital Markets ...

    18 comments - 0 silver bananas - Feb 1 2017 - 1:33pm -

  10. DCM at One Man Boutique?

    Just about to graduate from a non-target with a previous internship in DCM. I interviewed for a DCM analyst role at what I thought was a small firm, apparently it is one man small. The founder worked in DCM and syndicate at a bulge bracket for 15 years, t ...

    14 comments - 0 silver bananas - Apr 27 2016 - 9:36pm -

  11. UBS Debt Capital Markets vs. Houlihan Lokey FAS

    I have to decide between these too. Anybody have any opinions with regards to which position is more prestigious, should offer better learning opportunities, set me up better for full time offers... Not sure exactly what full-time I want. Either banking o ...

    25 comments - 0 silver bananas - Mar 13 2010 - 4:29pm -

  12. Situation

    Hypothetically, what would you do in this situation: Say you have an offer for PWM at a BB already. Additionally, you are waiting on an offer from a MM DCM gig where you have been given encouragement that you have a very good chance (will know for sure in ...

    12 comments - 0 silver bananas - Jan 9 2012 - 6:19pm -

  13. List of shops that do fixed income

    Working on a project for school and trying to identify the places that do fixed income, which are the best, why they're good or bad, etc. I really don't know a whole lot about FI, any advice would be great Debt Capital Markets ...

    12 comments - 0 silver bananas - Aug 22 2011 - 2:06pm -

  14. Credit analyst to DCM?

    Just started as a commercial credit analyst in a BB. Basically assessing credit risk. Obviously we do modelling, although only from templates at this stage. People who stay in this role tend to either move up the ranks within credit risk or become relatio ...

    7 comments - 1 silver bananas - Dec 13 2016 - 10:14pm -

  15. DCM Analyst Interview at Credit Agricole CIB

    I was wondering if anyone has experience interviewing with Credit Agricole CIB for a DCM analyst position. I was looking around and didn't really find much on Glassdoor for CA CIB. The best I found was just reading up on DCM on mergers and inquisitio ...

    9 comments - 0 silver bananas - May 2 2012 - 9:43pm -

  16. DCM vs Credit Risk

    I recently received full time analyst offers from both credit risk and DCM at a BB (think GS /MS). I am not sure which is the best option for me if my long run goals are to go into industry coverage IBD or manage a corporation. Credit risk will give me so ...

    8 comments - 0 silver bananas - Aug 27 2012 - 10:04pm -

  17. BMO Sponsor Finance insight?

    I'm currently interviewing with BMO Sponsor Finance for an Analyst role and would probably get brought in as a 2nd year. I've spoken with contacts at Golub and Ares and they said BMO has a solid MM group but didn't have much detail. Wonderi ...

    6 comments - 3 silver bananas - Feb 8 2016 - 9:30am -

  18. Am I screwed for FT Banking recruiting?

    Debt Capital Markets BB M&A Elite Boutiques 2015 FT Recruiting Recruiting Results 2016 investment banking analyst ...

    5 comments - 1 silver bananas - Apr 26 2016 - 3:39pm -

  19. Difference Between DCM and Citigroup's Capital Markets Origination?

    What is actually the difference between Citi's capital markets origination and regular debt capital market departments at other investment banks? are they just the same? Citi Capital Markets Origination vs. Debt Capital Markets Citi Capital Markets i ...

    4 comments - 0 silver bananas - Mar 10 2018 - 9:12pm -

  20. Generic thread.

    Edit: Thanks for the help. sa Debt Capital Markets banking ...

    5 comments - 0 silver bananas - Nov 28 2014 - 7:00pm -

  21. HY Capital Markets

    Does anyone have any insight on the HY Capital Markets Groups in Investment Banking that is situated under Lev Fin? Are exit ops better than traditional DCM? Any modeling performed? Thanks Debt Capital Markets ...

    5 comments - 0 silver bananas - Apr 13 2013 - 7:42pm -

  22. Books To Learn On High-Yield Bonds & Loans

    Hello all, I work as a ratings advisor in the debt capital markets team of a Bank. However, wanted to learn more about Covenants, Structuring, Pricing and the like- especially in the high yield space. Any recommendations on which books I could pick up for ...

    4 comments - 0 silver bananas - Aug 26 2016 - 4:12am -

  23. Thoughts on RBS Debt Capital Markets?

    I've been extended an offer to join RBS as a debt capital markets analyst. Anyone have insight to culture, prestige, bonus, work load? I'm hoping to use the experience to move into their HY or LevFin groups, maybe credit funds down the line. Sli ...

    4 comments - 0 silver bananas - Dec 18 2014 - 9:41am -

  24. S&T vs DCM

    Hey guys, 1st post on this but long time reader, facing a bit of a dilema. Currently doing a summer in FIG DCM at a BB and liking it but am torn between DCM and Sales. I've always kind of had my eyes on Sales but DCM was kind of offered it on a plate ...

    4 comments - 0 silver bananas - Aug 11 2010 - 5:28pm -

  25. "Everybody Has Choices"

    Monkeys, Here is the situation. I am at at top 3 brokerage doing portfolio management of assets and have been trying to get into the deal side of CRE for the last couple of months. Good traction, but no offers. Now, there is an opportunity at a BB doing t ...

    2 comments - 1 silver bananas - Jul 3 2019 - 12:53pm -

  26. commercial loan origination vs debt capital markets

    Im curious as to what the differences are between commercial loan origination at say a bank such as Wells Fargo or JPMorgan vs debt capital markets at Merrill lynch or Barclays. Is this essentially the same thing? thanks for your advice. DCM Debt Capital ...

    3 comments - 0 silver bananas - Jul 31 2012 - 9:04pm -

  27. This Video Does A Good Job Of Describing What Investment Bankers Do for All You Aspiring Monkeys.

    I found a youtube video made for the University of New South Wales by UBS that does a good job in explaining what Ibanking really is and what the different Industry groups do when working on deals. Enjoy. UBS Investment Banking Debt Capital Markets ipos ...

    3 comments - 3 silver bananas - Jun 3 2011 - 12:41am -

  28. Asset Securitization, articles, comments, etc

    Monkeys, I have searched teh interwebs for information in ABS creation, trading, and general information. Found lots of good nugets of information but now that I have found my way back to the mother tree due to christmas break I was wondering if anyone ou ...

    3 comments - 0 silver bananas - Dec 13 2010 - 11:06pm -

  29. Debt Capital Markets Interview

    Hi all, I work at a BB firm in the market risk management group but was reached out by a lateral recruiter regarding open positions in the debt capital markets group within investment banking. This group covers energy/power companies. I have two interview ...

    3 comments - 0 silver bananas - Jul 31 2012 - 9:03pm -

  30. UBS Debt Capital Markets(DCM) Superday

    I have a UBS Debt Capital Markets superday this week. I was just wondering if anyone knows what kind of questions to expect. I figure a bunch of stuff about bonds and market movements. Will I be asked a any technical questions relating to accounting and c ...

    3 comments - 0 silver bananas - Feb 14 2010 - 5:54pm -

  31. Debt Private Placement inquiry

    Hi!- I just received an offer from a MM DCM team. Essentially, they serve as a broker between private companies looking to raise debt and club lenders (BDCs, PE, Credit Funds), and focus mostly on lev. loans/ hy debt. Is there anyone that can tell me more ...

    2 comments - 1 silver bananas - Aug 22 2017 - 9:01pm -

  32. How to study for Debt Capital Markets Interview

    Hi everyone, I have got a DCM interview coming up. Would appreciate any and all advice on how to study for that as it is not like typical investment banking interviews. Thanks Debt Capital Markets ...

    2 comments - 0 silver bananas - Nov 10 2015 - 9:45pm -

  33. debt capital markets- M&A

    will debt capital raising be hit as hard as M&A in lieu of the credit crunch? DCM Debt Capital Markets ...

    2 comments - 0 silver bananas - Apr 19 2016 - 11:01pm -

  34. RBC Global Markets VS BNP Paribas Structuring NYC?

    RBC GM- DCM VS BNP Paribas structuring? both are in NYC, SA offers Please tell me which one is better in terms of FT offer rate, placement etc markets structuring DCM Debt Capital Markets ...

    2 comments - 0 silver bananas - Jan 31 2013 - 9:05pm -

  35. High-Yield DCM Help

    I'm starting work in high-yield DCM in June. Any suggestions on reading material to prepare? All help will be much appreciated. Debt Capital Markets ...

    2 comments - 0 silver bananas - Feb 5 2012 - 8:35am -

  36. Equity/Debt Capital Markets (ECM/DCM)

    I am looking into a career in ECM / DCM and was just wondering if anyone could provide input. Thanks. For most of the mid tier to top tier banks, is ECM considered to be within investment banking or equities/fixed income? Does that change the function/res ...

    2 comments - 0 silver bananas - Jul 31 2012 - 9:03pm -

  37. Debt Markets

    Hey guys, I wanted to know if there were any good sites/resources out there that would help me follow the debt markets. Thanks in advance. Debt Capital Markets ...

    2 comments - 0 silver bananas - Sep 20 2009 - 12:38am -

  38. How to prepare for DCM analyst interviews?

    Hello Monkeys, I've been working in a small HY shop since graduating (Bachelors, Finance). My current role is very much clerical, so I'm looking elsewhere for opportunities to further specialise and develop a deeper understanding of fixed income ...

    1 comment - 1 silver bananas - Jul 17 2019 - 7:12pm -

  39. Team allocation gone hugely wrong

    Hi all, I am going to be interning in JP's London office within IB. I was given TMT, DI and the UK teams to network with and subsequently rank during the intern allocation process. I made my team selections last month and went for EMEA TMT, EMEA DI a ...

    1 comment - 1 silver bananas - Apr 18 2019 - 6:10am -

  40. What Is Debt Capital Markets (DCM)?

    What is DCM?- Debt Capital Markets Definition The team within Debt Capital Markets (DCM) is responsible for providing advice on raising debt for acquisitions, refinancing of existing debt, or restructuring of existing debt. A Debt Capital Markets Group wi ...

    - silver bananas - Jun 12 2018 - 2:37pm -

  41. Does anyone have a 3 statement model with advance rate assumptions from a debt provider?

    We are working with debt lenders, and need to see if we can sustain 70 or 80% advance rates from our lenders (which would require 20-30% cash used by us. I am in the specialty finance industry, and cash is our inventory, so we need to make sure these adva ...

    1 comment - 1 silver bananas - Aug 31 2018 - 4:15pm -

  42. DCM Internship tips

    Soon-to-be intern in DCM, how should I prepare as I have no previous IB-experience and know little about DCM overall? Of course some basic understanding is needed regarding what the division does, but what can I expect to do as a junior intern? Any advice ...

    1 comment - 1 silver bananas - Nov 8 2017 - 8:46am -

  43. Making a move from Dubai to Wall Street

    Hello all, I'm interested to hear fellow views on opportunities available for a DCM /Loan banker considering to move from Dubai to NYC. The reason for the move is for career progression. The monkey in question is yours truly. For the last 11yrs I ...

    - 0 silver bananas - Sep 5 2017 - 6:29am -

  44. End of LBOs as we know them?

    Simply looking for thoughts on the impact and likely hood of these changes. The non-deduction of interest expense will obviously hurt cash flow and returns. To what extent will it impact the industry? Should carried interest be subject to the same tax, ev ...

    1 comment - 0 silver bananas - Jan 22 2017 - 12:32pm -

  45. What do you mean by origination in sales & trading?

    Banks have Sales desks, trading desks, but also lump debt origination into this S&T bridge. How does Securitization and DCM differ from S&T? What does origination even mean? If you are an analyst/associate working in Securitization/ DCM, are you w ...

    - 0 silver bananas - Jan 6 2017 - 11:23pm -

  46. Niche DCM guy looking for advice

    Hey guys, ...

    - 0 silver bananas - Mar 8 2015 - 6:33pm -

  47. Introduction- Non-Target D1 Athlete, Entrepreneur, DCM Intern

    Hey guys, I've lurked here before and thought I'd finally make an account. This sub-forum doesn't seem to get much traffic, so my long introduction might seem out of place. I'll go ahead anyway though and follow the custom of introduci ...

    - 1 silver bananas - Feb 20 2015 - 8:45am -

  48. Take DCM Role to get into banking? Move to Lev Fin?

    What is everyone's thoughts on taking a DCM role at a BB and then later trying to get into Lev Fin? Is this smart/doable? I'm more interested in the debt/credit side of deals and less so any specific industry. Leveraged Finance Bulge Bracket DCM ...

    - 0 silver bananas - Oct 6 2014 - 10:47am -

  49. Debt Capital Markets- Sovereign Debt

    Hi all, So obviously one of the major investment banking functions is underwriting corporate debt offerings (lots of information on this), but I am interested in knowing about groups that specialize in sovereign debt offerings. I know that many banks have ...

    - 0 silver bananas - Mar 18 2014 - 8:54pm -

  50. DCM at 2nd tier to LevFin at a BB: Steps to take

    I'm starting in DCM at a pretty senior (though not BB) European bank (based in London) this summer. I voluntarily chose the DCM group but now after a little thought, I think I might improve my future prospects by switching to Leveraged Finance, if po ...

    1 comment - 0 silver bananas - May 14 2011 - 12:55pm -