Brian DeChesare

JUNE 15, 2022

Yes, if you’re working at a large bank, it’s generally best to be in a “front office” (client-facing) role. First, note that these terms apply only to investment banks and related finance firms (private equity firms, hedge funds, etc.).

Banking 90

Banking Treasury Start-ups Finance 90

Brian DeChesare

MARCH 8, 2023

But a few related areas, such as commodity desks at banks, commodity trading advisors (CTAs), and physical commodity trading shops could put up a good fight for that “most cyclical” title. We should also step back and define “commodities” and “commodity trading” since they’re massive areas.

Finance 104

Finance Start-ups Banking Alpha 104

Brian DeChesare

MAY 11, 2022

If the answer is “to make more money” or “to do something more exciting,” there are more feasible ways to achieve these goals. Most new hires join at the entry level, and for levels above that, they hire experienced bankers from other firms.

Banking 98

Banking Start-ups Finance Private Equity Firm 98

Brian DeChesare

DECEMBER 21, 2022

A: First, note that “target schools” do not apply quite as readily to PE/HF jobs because these firms focus on hiring people with full-time work experience (though some firms have been moving into undergrad recruiting). A: My prediction is that it will be like what happened to many PE firms after 2008.

Banking 80

Banking Start-ups Finance EBITDA 80

Brian DeChesare

FEBRUARY 22, 2023

Sell-Side Definition: In the finance industry, “buy-side firms” raise money from institutions and wealthy individuals and invest on their behalf, profiting from management fees, performance fees, or both; “sell-side firms” earn money from commissions charged to facilitate deals and to sell, market, and trade equity, debt, and other securities.

Finance 125

Finance Marketability Banking Corporate Finance 125

Reynolds Holding

NOVEMBER 29, 2022

3] How have we not learned from the Great Financial Crisis of 2008 that the fragmentation and infighting among regulators is the best way to encourage unscrupulous market manipulators? Those of us with long memories know that advocates of electronic trading systems lobbied the SEC in the early 2000s to be considered as exchanges. [5]

Marketability 137

Marketability Banking Start-ups Finance 137

Reynolds Holding

AUGUST 10, 2023

In some cases, a single firm will offer this variety across hundreds and even thousands of funds. Institutional firms invested within pooled funds also had no choice: Until BlackRock launched “Voting Choice,” they were forced to follow BlackRock’s house policy, even on high profile votes they openly disagreed with. Fifty-one percent?”

Start-ups 52

Start-ups 52