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Mercer & Hole appoints Menzies LLP Director of Corporate Finance

Global Banking & Finance

Accountants Mercer & Hole has today announced the appointment of Kevin Paget. Since 2008, Kevin has focused his […] Kevin joins as Director and Head of Deal Advisory and brings with him a wealth of experience and knowledge, having worked in senior finance roles in industry across a variety of sectors in the UK and US.

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M&A Blog #07 – debt (Part II – management considerations, debt alternatives, and acquisitions purse / war chest)

Francine Way

If the 2008 mortgage crisis taught us anything, it is not to get ourselves into situations where our homes can be taken away by the banks. That debt should be used prudently, taking into account future financial shocks that require financing flexibility. Yet, management surged ahead. Further, there are different alternatives for debt.

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FTX and an old blog post

Bronte Capital

The 1934 Securities Exchange Act and all that When you sign up to a margin account in almost all cases you pledge your securities to the broker with the ability for them to repledge. If your broker wants to steal from the segregated client account there are precious few defences – but…] You can not contract out of this requirement.

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The Tragic Investment Banker Death: Should Senior Bankers Go to Jail for Killing Their Junior Staff?

Mergers and Inquisitions

The truth is the industry has never really recovered from the 2008 financial crisis in terms of inflation-adjusted pay and prestige. Before 2008, banking jobs paid so much more than consulting, tech, and other roles that junior bankers would put up with anything to get in.

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The Collapse of Silicon Valley Bank: The Start of Great Financial Crisis 2.0?

Mergers and Inquisitions

history and the largest bank to collapse since 2008. Why bank regulations , including those passed after the 2008 financial crisis, failed to prevent this. but less than 10% of accounts at SVB were in that category (an unusually low percentage). If you’re familiar with bank accounting, valuation, and regulatory capital (i.e.,

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How do Banks Make Money? Explanation, Examples

Peak Frameworks

The world of banking can be broadly divided into: Retail Banks: Think of your local branch where you have your checking and savings accounts. You deposit $10,000 in a bank savings account earning 0.5% Overdraft Fees: If you've ever spent more than what's in your checking account, you've probably been hit with an overdraft fee.

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M&A Blog #06 – debt (Part I – role and trade-offs, categories and key characteristics)

Francine Way

We will now go through a series of four blog posts that dive deeper into debt - specifically, the various considerations one ought to take into account when planning to use debt for an acquisition. This recommendation is based on the cost of each source of capital to the company.

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