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The Front Office, Middle Office, and Back Office: How Banks Organize Their Dungeons

Brian DeChesare

The debate about the front office, middle office, and back office in the finance industry is one of the sillier and more exhausting ones. Yes, if you’re working at a large bank, it’s generally best to be in a “front office” (client-facing) role.

Banking 94
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Cleary Gottlieb Discusses Proposed Capital-Requirement Increases for Banks

Reynolds Holding

On July 27, 2023, the federal banking agencies released a lengthy proposal to revise the capital rules applicable to large banks and bank holding companies. banking industry. Operational Risk: Firms would be required to use a standardized approach, rather than internal models, to measure operational risk.

Banking 40
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Convertible Arbitrage Hedge Funds: The Perfect Combination of Investment Banking and Sales & Trading?

Brian DeChesare

Traditionally, if someone asked the “ sales & trading vs. investment banking ” question, the response was easy: “Do banking unless you really, really like trading and could not imagine doing anything else.”. Investment Banking: 13%. Convertible Securities: A Complete Guide to Investment and Corporate Financing Strategies.

Banking 67
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Discount Rate—Explanation, Definition and Examples

Valutico

For central banks like the Federal Reserve, it helps control the economy. They set this rate to affect how much money moves through banks and influences short-term interest rates. We are going to focus on how discount rates are used in the context of investment, rather than in the context of central banks.

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Examining High Concentration Among Derivatives Intermediaries

Reynolds Holding

Finance and business school scholars have noted the decline and the level of consolidation; [4] the top eight FCMs hold over 70 percent of the posted futures margin, suggesting they service the vast majority of customer activity at least in futures. Like the FCM industry, the swap dealer industry is concentrated. Commodity Mkts.

Banking 64
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Growth Equity: The Child Prodigy of Private Equity and Venture Capital, or an Artifact of Easy Money?

Brian DeChesare

Debt financing is much more common, and the GE firm is often the first institutional investor. From a career perspective , growth equity appealed to many bankers and consultants who didn’t want to be “pigeonholed” in venture capital (limited exit opportunities) or suffer through “banking hours” once again in private equity.

Equity 95
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The Fundamentals of Financial Risk Management Explained

Audit Board

Financial risk management is an especially sensitive and critical aspect of risk management for many companies, as it has to do with the safeguarding of the organization’s finances and the prevention of loss. Good financial risk management leads to cost savings, better decision-making, and improved returns.