Comments for IBankingFAQ http://www.ibankingfaq.com Learn about investment banking...become an investment banker Fri, 03 Feb 2012 17:20:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on Comments / Suggestions / Questions… by federico http://www.ibankingfaq.com/comments-suggestions-questions/80/comment-page-5/#comment-23942 federico Fri, 03 Feb 2012 17:20:11 +0000 http://www.ibankingfaq.com/?p=80#comment-23942 Hi there and congrats for the website, mess I did not find it before! Here you are a technical question: let's say BankA and BankB (both non listed and fully owned subsidiaries of bigger banking groups) want to merge. How do I calculate the capital impact (Regulatory Cap/RWA) at BankA GROUP Level, assuming BankA decconsolidates from its group? I have two options I'm working on, on the two of them RWA is not in discussion and is calculated by subtracting BankA RWAs from its GROUP total, the tricky part comes with Numerator: Option A: Value of BankA - TCE of BankA Option B: Value of BankA - historic price of BankA I know the calculations needs some more "fine tunings", but this is definitely the main driver. Thanks in advance Hi there and congrats for the website, mess I did not find it before!
Here you are a technical question: let’s say BankA and BankB (both non listed and fully owned subsidiaries of bigger banking groups) want to merge.
How do I calculate the capital impact (Regulatory Cap/RWA) at BankA GROUP Level, assuming BankA decconsolidates from its group?
I have two options I’m working on, on the two of them RWA is not in discussion and is calculated by subtracting BankA RWAs from its GROUP total, the tricky part comes with Numerator:
Option A: Value of BankA – TCE of BankA
Option B: Value of BankA – historic price of BankA
I know the calculations needs some more “fine tunings”, but this is definitely the main driver.
Thanks in advance

]]> Comment on Comments / Suggestions / Questions… by Pablo http://www.ibankingfaq.com/comments-suggestions-questions/80/comment-page-5/#comment-23876 Pablo Tue, 31 Jan 2012 16:49:31 +0000 http://www.ibankingfaq.com/?p=80#comment-23876 Hey Andrew! Congrats on this! Wish I had run into it earlier... Keep up the good work! Hey Andrew!

Congrats on this! Wish I had run into it earlier… Keep up the good work!

]]> Comment on Comments / Suggestions / Questions… by Andrew http://www.ibankingfaq.com/comments-suggestions-questions/80/comment-page-5/#comment-23828 Andrew Sun, 29 Jan 2012 18:18:56 +0000 http://www.ibankingfaq.com/?p=80#comment-23828 Other things equal, in all stock deal if the P/E ratios are the same, the deal is breakeven (neither accretive or dilutive). Other things equal, in all stock deal if the P/E ratios are the same, the deal is breakeven (neither accretive or dilutive).

]]> Comment on Comments / Suggestions / Questions… by Kevin http://www.ibankingfaq.com/comments-suggestions-questions/80/comment-page-5/#comment-23644 Kevin Thu, 19 Jan 2012 01:55:49 +0000 http://www.ibankingfaq.com/?p=80#comment-23644 Hi Andrew, I just had a quick technical question. Company A is buying company B in an all stock transaction. Compant A is offereing 0.5 of its shares for 1 share of company B. They both have the same P/E ratio. Is this accetive or dilutive? Thanks! Hi Andrew,

I just had a quick technical question. Company A is buying company B in an all stock transaction. Compant A is offereing 0.5 of its shares for 1 share of company B. They both have the same P/E ratio. Is this accetive or dilutive?

Thanks!

]]> Comment on Comments / Suggestions / Questions… by Andrew http://www.ibankingfaq.com/comments-suggestions-questions/80/comment-page-5/#comment-23630 Andrew Tue, 17 Jan 2012 20:35:16 +0000 http://www.ibankingfaq.com/?p=80#comment-23630 Sukhveer, Thanks very much for your kind feedback on the self study program. I'm really glad to hear that you found it useful. Unfortunately, I haven't put out any additional self study models. I had intended to, but got sidetracked by other projects. Sorry! Sukhveer,
Thanks very much for your kind feedback on the self study program. I’m really glad to hear that you found it useful. Unfortunately, I haven’t put out any additional self study models. I had intended to, but got sidetracked by other projects. Sorry!

]]> Comment on Comments / Suggestions / Questions… by Sukhveer http://www.ibankingfaq.com/comments-suggestions-questions/80/comment-page-5/#comment-23605 Sukhveer Mon, 16 Jan 2012 03:36:48 +0000 http://www.ibankingfaq.com/?p=80#comment-23605 Hi Andrew, I bought the self study program (Integrated Cash Flow Model) and found it very very good, it realy helped me, thanks for such a great program. You also mention in the presentation that other models such as DCF, LBO and M&A can be built on the Integrated Cash Flow Model. Do you currenty (or in pipeline)have self study programs for building these models Hi Andrew,

I bought the self study program (Integrated Cash Flow Model) and found it very very good, it realy helped me, thanks for such a great program. You also mention in the presentation that other models such as DCF, LBO and M&A can be built on the Integrated Cash Flow Model. Do you currenty (or in pipeline)have self study programs for building these models

]]> Comment on Comments / Suggestions / Questions… by Andrew http://www.ibankingfaq.com/comments-suggestions-questions/80/comment-page-5/#comment-23511 Andrew Tue, 10 Jan 2012 17:15:31 +0000 http://www.ibankingfaq.com/?p=80#comment-23511 Nico, I'm not aware of any but you might want to try www.mergersandinquisitions.com. That site often has blog posts related to specific groups. Generally speaking, ECM and DCM interviews are less technical that traditional IB interviews and more markets related. To check deals (and what banks executed them), you would really need a paid resource such as Capital IQ. Nico,
I’m not aware of any but you might want to try http://www.mergersandinquisitions.com. That site often has blog posts related to specific groups. Generally speaking, ECM and DCM interviews are less technical that traditional IB interviews and more markets related. To check deals (and what banks executed them), you would really need a paid resource such as Capital IQ.

]]> Comment on Comments / Suggestions / Questions… by Nico http://www.ibankingfaq.com/comments-suggestions-questions/80/comment-page-5/#comment-23425 Nico Thu, 05 Jan 2012 06:14:47 +0000 http://www.ibankingfaq.com/?p=80#comment-23425 Hi Andrew, is there any material to prepare for GCM (ECM and DCM) positions? Is there anywhere where I can check deals? Hi Andrew,

is there any material to prepare for GCM (ECM and DCM) positions? Is there anywhere where I can check deals?

]]> Comment on Comments / Suggestions / Questions… by Andrew http://www.ibankingfaq.com/comments-suggestions-questions/80/comment-page-5/#comment-23375 Andrew Mon, 02 Jan 2012 23:04:03 +0000 http://www.ibankingfaq.com/?p=80#comment-23375 Jason, Commas are more widely used in those circumstances, and would be my personal preference. However, I don't think anyone will ding you for using semicolons. Jason,
Commas are more widely used in those circumstances, and would be my personal preference. However, I don’t think anyone will ding you for using semicolons.

]]> Comment on Comments / Suggestions / Questions… by Jason http://www.ibankingfaq.com/comments-suggestions-questions/80/comment-page-5/#comment-23328 Jason Sun, 01 Jan 2012 16:46:42 +0000 http://www.ibankingfaq.com/?p=80#comment-23328 Hi Andrew, Many thanks for this great site On a resume; it is acceptable to use semi-colons instead of commas for words separation in 1 bullet sentence, Dummy example: examining micro/macro-economic factors; SWOT analysis; share performance analysis; comparable company analysis; Porter’s 5 forces analysis; financial performance analysis Keeping in mind, those are minor tasks for a univ project therefore no need to illustrate further on each point. I have quite few bullets with lots of independent words like the above example, not sure if that’s okay or I should revert to the comma instead. Appreciated All the best for the New Year Hi Andrew,
Many thanks for this great site

On a resume; it is acceptable to use semi-colons instead of commas for words separation in 1 bullet sentence, Dummy example:
examining micro/macro-economic factors; SWOT analysis; share performance analysis; comparable company analysis; Porter’s 5 forces analysis; financial performance analysis

Keeping in mind, those are minor tasks for a univ project therefore no need to illustrate further on each point. I have quite few bullets with lots of independent words like the above example, not sure if that’s okay or I should revert to the comma instead.

Appreciated
All the best for the New Year

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