Interviewing in a couple weeks for a Financial Services specific MM PE shop but not sure how to think about investments in this space from a PE perspective.
What makes a good LBO target in Financial Services (banks, insurance companies, investment managers, etc.)? And what are things to look for in financial statements? Would appreciate any and all help, thanks!
I'm heading into my summer internship in a FIG coverage role this summer and looking for newsletters and other resources to better keep track of industry news. I keep up with a few sources (e.g. WSJ Financial Services News, American Banker) but I've struggled to find any free/cheap email newsletters. Hoping anyone in the space could direct me to a few.
I just received two offers for an Analyst 2 spot: either in a BB (GS/JP/MS) FIG Cov. or in a MM Botique Industrials Cov. (Jefferies, HL, Blair, Baird) and I dont know how to evaluate these reg. future exit opps.
My mid-term career goal is a European (upper-)mid cap buyout fund (lets say EVs up to €1bn, I know the definitions of mid-vs. large-cap can be blurry).
Question is which ultimatley will bring me in the better position to interview with these funds.
Was recently given the opportunity to interview for a FIG summer analyst role and am looking to choose a deal that I can speak to within the industry. I've been looking through Axios and am struggling to find a deal that stands out. Can anyone working in FIG offer a recent transaction that they think would be pertinent and whether or not there are any specific points I should be highlighting that are specific to FIG? Thanks.
I have about a month before I need to choose my thesis topic and I am still stuck on exactly what I should choose.
I am graduating into an IB FIG coverage team next year and I have a keen interest in the banks and in particular, the quantum and composition of TLAC (regulatory bank capital) stacks.
I have an interview with a FIG team at an emerging market PE group. The final round is a case study and entails valuing a financial institution (anything from microlender to insurance). I have combed for valuing private banks, and there is surprisingly little information (plenty for public companies, less for private), and so have turned here!
My question is this: within my allotted 90 mins of prep time, which valuation methods would you recommend?