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22. How to Become a Markets Guru: Understanding the Investment Banking Clients
Send us Fan Mail What is best kept secret for understanding market dynamics and being good in investment banking? You must understand: WHO are the firm’s clients and WHY they need you? We arm you with the intel to ace any banking interview — either on the IBD corporate advisory side, or on the Sales, Trading, and Research side of the bank — by explaining a select few clients’ motivating factors. We talk about hedgers vs. speculators in the markets, and strategic vs. financial buyers in the world of acquisitions. In this episode, we also explain duration and convexity hedging through the lens…
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