Equidam

JULY 23, 2025

We’ll also explain, in plain language, common valuation frameworks you’ll encounter, like the International Private Equity Valuation (IPEV) Guidelines , the VC Method, and our own methodology which encompasses both. The leading standard in venture capital is the International Private Equity and Venture Capital Valuation Guidelines (IPEV).

Discounted Cash Flow

Equidam

JUNE 10, 2025

This guide explains what BSPCEs are, how they compare to other equity incentives (like free shares/AGA, stock options, or RSUs), and the process of obtaining a BSPCE valuation. This win-win tax treatment for both employee and employer is why BSPCEs are considered one of the most favorable equity schemes in Europe.

Fair Market Value

Global Finance

DECEMBER 6, 2024

After a year that can be described as challenging for US regional banks, with the failures of Silicon Valley Bank, First Republic Bank, and Signature Bank early in 2023, profitability growth has returned to many of the sectors banks that survived that dark period. The banks robust fee income, totaling $274.2

Banking

Vested

AUGUST 11, 2025

Skip to the main content.

Start-ups

Brian DeChesare

JANUARY 22, 2025

We sometimes get questions about why we dont offer an equity research course. People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. IB is all about deals , while ER is all about coverage.

Equity

Scott Mashuda

DECEMBER 19, 2024

With private equity firms sitting on dry powder and hungry for quality acquisitions, business owners contemplating an exit face perhaps their most favorable environment in years. This shift from inflation-fighting to growth stimulus has fundamentally altered market dynamics, putting sellers firmly in control.

Marketability

Brian DeChesare

DECEMBER 4, 2024

This partially explains why sports investment banking has become a hot field, with JP Morgan and Goldman Sachs launching their own sports coverage groups. For a long time, sports teams and franchises were not worth that much, so banks rarely put their “A-Teams” on these deals. What is Sports Investment Banking?

Banking

Musings on Markets

DECEMBER 11, 2024

I like to make a difference : I do not expect my students to agree with all or even much of what I have to say, but I would like to think that I sometimes change the way they think about finance, and perhaps even affect their choice of professions.

Corporate Finance

Scott Mashuda

MARCH 31, 2025

With continued interest rate cuts and significant private equity capital seeking deals in 2025, current market dynamics present compelling sell-side opportunities for well-prepared sellers to achieve premium valuations. I Know How To Run My Company, I Can Sell It Myself.

Banking

Benzinga

APRIL 3, 2025

At closing, BIP's equity investment is expected to be $500 million, which represents approximately 15% of the total equity investment, funded entirely by proceeds from recently announced capital recycling initiatives. Debt financing for the transaction was led by Morgan Stanley Senior Funding, Inc. and Mizuho Bank, Ltd.,

Debt Financing

Equidam

JUNE 30, 2025

The end of the ZIRP (Zero Interest Rate Policy) era has created a valuation reset that’s forcing founders into down rounds, threatening equity dilution, employee morale, and future fundraising ability. If you’re a founder facing this reality, you’re not alone, and more importantly, you’re not doomed.

Equity

Reynolds Holding

FEBRUARY 3, 2025

economy stabilized, inflation declined (albeit with some renewed concern toward the end of the year), financing markets brightened, albeit modestly, and equity markets climbed ever higher. Optimism for Bank M&A. Private Equity Evolution. Global M&A deal volume reached $3.17 trillion, reflecting a 9.8%

Banking

Equilest

MARCH 8, 2025

A comprehensive valuation is also crucial for securing financing, as lenders and investors require detailed reports before approving loans or funding acquisitions. Banks typically look at financial statements, cash flow projections, and asset values to determine whether a business is a viable investment. Absolutely.

Business Valuation

Equidam

JUNE 20, 2025

By using a Dutch auction mechanism instead of traditional book-building, Google captured fair market value for the company rather than subsidizing investment bank clients. This coverage is not contingent on bank affiliation at the time of the IPO because all banks wish to make top VCs happy to potentially reap future business.

Banking

Global Finance

DECEMBER 6, 2024

Global Finance: How has sustainable investing evolved as an aspect of long-term wealth planning? Today, it encompasses a broad spectrum of ambitions, from climate resilience to social equity, requiring tailored solutions that align with each clients values. Safra Sarasin, shares how wealth managers meet clients sustainability goals.

Banking

Musings on Markets

JUNE 2, 2025

Sovereign Defaults: A History Through time, governments have often been dependent on debt to finance themselves, some in the local currency and much in a foreign currency. Sovereign default can make banking systems more fragil e. Sovereign default also increases the likelihood of political chang e.

Risk Premium

Scott Mashuda

APRIL 30, 2025

Harshid brings valuable experience and education to REAG, holding a Master of Science in Quantitative Finance from Northeastern University and having successfully completed Level II of the CFA Program. His journey eventually led him to the United States to pursue graduate studies and establish a career in investment banking.

Banking

Financial Times M&A

JULY 24, 2025

Nvidia AI chips worth $1bn smuggled to China after Trump export controls Markets Sections Markets Home Alphaville Markets Data Crypto Capital Markets Commodities Currencies Equities Monetary Policy Radar Wealth Management Moral Money ETF Hub Fund Management Trading Most Read Economics teaching has become the Aeroflot of ideas Singapore’s GIC signals (..)

Start-ups

Global Finance

APRIL 6, 2025

Faced with low yields, insurers are deepening ties with private equity and asset managers, turning to alternative investments amid regulatory headwinds. Now insurers are embracing alternative investments like private debt, infrastructure, and real estateoften partnering with asset managers and private equity firms to boost yields.

Private Equity Firm

Global Finance

MARCH 2, 2025

Wealthy investors are expected to look beyond stocks and bonds, prompting private banks to expand offerings and expertise. Private banks are gearing up to help provide alternatives. Increased fundraising from private banks, family offices, and individual investors is expected to fuel the growth. trillion by the end of 2029.

Banking

Financial Times M&A

JULY 29, 2025

It’s time to retire the word ‘technology’ AI is the new foreign aid Markets Sections Markets Home Alphaville Markets Data Crypto Capital Markets Commodities Currencies Equities Monetary Policy Radar Wealth Management Moral Money ETF Hub Fund Management Trading Most Read Wall Street gears up for ‘pivotal’ three days for US markets Stockpicking hedge (..)

Start-ups

Financial Times M&A

JULY 16, 2025

Explore our recommended subscriptions Explore more offers. Trial $1 for 4 weeks Then $75 per month.

Equity

Global Finance

DECEMBER 6, 2024

According to Lagos-based FirstBank, our Best Private Bank for Sustainable Investing, the average net worth of affluent customers in Nigeria is estimated at $1 million, who have seen their net worth decline due to high inflation and the devaluation of the local currency. Last year, the banks profitability rose by 129% to $220.4

Banking

Musings on Markets

JANUARY 10, 2025

In corporate finance and investing, which are areas that I work in, I find myself doing double takes as I listen to politicians, market experts and economists making statements about company and market behavior that are fairy tales, and data is often my weapon for discerning the truth.

Risk Premium

Equidam

JUNE 23, 2025

With central bank rates elevated, safer assets now offer competitive returns, reducing the incentive for risk-heavy venture capital deployment. Virgin StartUp’s Empower 100 program provides fully-funded acceleration for diverse founders, and Google’s Black Founders Fund and 1000 Black Voices offer non-equity support.

Equity

Global Finance

OCTOBER 31, 2024

The People’s Bank of China (PBoC) conformed by cutting mortgage rates, injecting cash into the banking system, and easing reserve requirements. Meanwhile, banks across the country are responding to difficult times with an unprecedented wave of innovation. trillion) in assets. trillion) in assets.

Banking

Musings on Markets

FEBRUARY 23, 2025

The Debt Trade off As a prelude to examining the debt and equity tradeoff, it is best to first nail down what distinguishes the two sources of capital. To me, the key distinction between debt and equity lies in the nature of the claims that its holders have on cash flows from the business.

Equity

Global Finance

MARCH 5, 2025

While the World Bank projects GDP growth will surpass 2% this year, recent calls from US President Donald Trump to cut global oil prices are pressing Kuwait to accelerate its diversification efforts. Finance Minister Noora Al-Fassam estimates the tax will target over 300 companies, raising up to $825 million annually. Last year, $8.7

Banking

Brian DeChesare

JULY 23, 2025

The “commercial banking vs. investment banking” question is a bit silly because they’re not in the same category. Recruiting into commercial banking roles is less competitive than IB, and you could win them with less impressive stats, such as a mid-tier university, a 3.4 GPA, and maybe a previous accounting or credit internship.

Banking

Global Finance

OCTOBER 29, 2024

An improving economic environment and subdued inflation allow banks to search for new growth avenues. The post-pandemic inflation that tormented consumers and politicians in many economies was an enormous gift to banks. Now the party is winding down as inflation recedes and central banks ease up, but not too fast.

Banking

Global Finance

JUNE 9, 2025

Based in Morocco, Attijariwafa Bank has significant operations in 15 countries in northern and western Africa, along with branches in Europe and Asia. Since its inception, the lab has worked with more than 100 startups, helping them integrate their products into banking use cases. Its innovation department, Wenov, was founded in 2020.

Banking

Global Finance

JUNE 9, 2025

Regional Winners Most Innovative Bank in North America | BANK OF AMERICA Bank of America’s (BofA’s) dedication to improving customer experience is evident in the 12% increase in digital interactions by clients last year, reaching a recordbreaking 26 billion interactions.

Banking

Global Finance

JULY 28, 2025

Corporate and investment banking (CIB), which already accounted for more than half of total banking revenues in the Gulf Cooperation Council (GCC), is expanding at an annual rate of 14%, more than twice the regional average, according to a recent McKinsey study. In this environment, financing needs are becoming more sophisticated.

Banking

Musings on Markets

JUNE 17, 2025

For more established private businesses, some of which need capital to grow and some of which have owners who want to cash out, the capital has come from private equity investors. again a process that has been around a while, but one that has also become formalized and a much larger source of funds.

Alpha

Global Finance

DECEMBER 26, 2024

The new trend is forcing sovereign investors to reassess their asset allocation strategy and risk management.Many sovereign funds and central banks have upped their digital currencies exposure to capitalize on the growing market and its value. Bitcoin (BTC), for example, the worlds leading alternative cryptocurrency, rose around 150% in 2024.

Banking

Brian DeChesare

JANUARY 8, 2025

Allocations: If youre young, you should invest mostly in equities, but I believe gold and silver are often good replacements for fixed income in the traditional 80 / 20 or 60 / 40 portfolios. If you hate high finance and leave, fine but why rule it out before even trying? Yes, you will spend more money on rent, food, vacations, etc.,

Start-ups

Global Finance

MAY 1, 2025

Mounting recession fears, renewed trade tensions, and shifting political winds are weighing heavily on corporate dealmakers and private equity firmsparticularly in the US, where valuations remain flat. For the numbers to be where they are, investment banks dont have many mega deals to boast about. There was also the $16.4

Start-ups