Brian DeChesare

JUNE 15, 2022

People say these roles pay less, offer boring/repetitive work, and do not give you many exit opportunities. Yes, if you’re working at a large bank, it’s generally best to be in a “front office” (client-facing) role. Oh, and most importantly, you won’t get any respect if you’re in one of them.

Banking 90

Banking Treasury Start-ups Finance 90

Brian DeChesare

APRIL 24, 2024

A long time ago, the idea of a pre-MBA internship was odd because most people stayed in their full-time jobs until their MBAs began. But then recruiting moved up, the MBA process became more structured, and now we have 4-year-olds aiming for “Target Kindergartens” so they can eventually get into investment banking ~15 years in the future.

Start-ups 59

Start-ups Banking Finance Equity 59

Brian DeChesare

DECEMBER 21, 2022

Just look at the financial markets, the crypto meltdown, deal volume at banks, inflation, energy prices, Russia/Ukraine, supply chains, and the hiring environment in tech and finance. But let’s start with my favorite topic: “ranking” banks, schools, and maybe a TV series or three. Bank, School, Dragon, and TV Rankings.

Banking 80

Banking Start-ups Finance EBITDA 80

Brian DeChesare

MARCH 27, 2024

If you go by most online discussions, investment banking spring weeks in the U.K. are as essential as oxygen or high grades if you want to work at a large bank. Banks are also to blame because they now market spring weeks to students as young as 16. How Do You Convert a Spring Week into a Real Internship?

Banking 90

Banking Start-ups Finance Corporate Finance 90

Brian DeChesare

DECEMBER 7, 2022

The first thing to understand about investment banking in Hong Kong is that it’s unlikely you’ll ever be able to work in investment banking in Hong Kong. Hong Kong is still an important financial center, but banks there now focus almost exclusively on mainland China in terms of deals, clients, and new hires.

Banking 52

Banking Equity Start-ups Finance 52

Brian DeChesare

JULY 26, 2023

A long time ago, hardly anyone knew about search funds or search fund internships. But over the years, they morphed into a well-known topic and then a commonly derided topic – as many people argue that search fund experience is worthless, while others claim it’s “just as good” as working in banking or private equity.

Banking 52

Banking Equity Start-ups Private Equity Firm 52

Brian DeChesare

MAY 10, 2023

I’ve found that two main groups care about investment banking in Singapore : Students who are from Southeast Asia and are considering whether they want to work in Singapore, NY, London, or other places. People who want to work in Asia but have no chance of winning an offer in Hong Kong and see Singapore as their “Plan B” option.

Banking 94

Banking Start-ups Equity Marketability 94

Brian DeChesare

MARCH 22, 2023

Before delving in, though, I want to start with the elephant in the room: I was partially wrong ~5 months ago when I wrote about Credit Suisse, UBS, and Deutsche Bank, and whether they would become Lehman Brothers 2.0. And what should you do if you have an internship or full-time offer at CS or UBS? with flying colors !

Banking 85

Banking Start-ups Corporate Finance Marketability 85

Brian DeChesare

JUNE 22, 2022

I published an article on this topic of investment banking in New York vs. Chicago vs. San Francisco vs. Los Angeles vs. Houston vs. other cities a long time ago – but a fair amount has changed since then: Remote / hybrid work means that some of the advantages and disadvantages of different cities are more nebulous.

Banking 89

Banking Start-ups Finance Marketability 89

Brian DeChesare

NOVEMBER 2, 2022

In addition to Prime Ministers that serve for only 44 days and questionable weather/food, the United Kingdom is also known as a global hub for investment banking. Many would argue that investment banking in London is second only to New York in terms of compensation, exit opportunities, deal flow, and “prestige.”.

Banking 75

Banking Start-ups Finance Equity 75

Brian DeChesare

OCTOBER 5, 2022

Over the past week, there has been a ton of speculation on social media that Credit Suisse – and possibly also Deutsche Bank or UBS – is about to have its “Lehman Brothers” moment. Everyone knew the bank was troubled throughout 2007 and 2008, but most people assumed the government would bail it out, as it had already done for Bear Stearns.

Banking 128

Banking Start-ups Equity Compliance 128