Remove 2008 Remove Boutique Remove Valuation
article thumbnail

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. If you’re familiar with bank accounting, valuation, and regulatory capital (i.e., It’s the second-biggest bank failure in U.S. Who deserves the blame.

Bank 123
article thumbnail

UBS and Credit Suisse: The Next Shoe to Drop in the Financial Crisis of 2023?

Mergers and Inquisitions

it’s starting to feel a lot like 2008. Before this deal, I had expected that “CS First Boston” would become another elite boutique and a strong competitor to the likes of Evercore, Lazard, and Moelis. In 2008, some banks rescinded internships and full-time jobs, so it’s safest to assume that will happen again. Klein & Co.

Bank 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Growth Equity: The Child Prodigy of Private Equity and Venture Capital, or an Artifact of Easy Money?

Mergers and Inquisitions

Others would counter that growth equity’s rapid ascent was mostly due to the easy money that persisted between 2008 and 2021. Valuations are high, the returns depend on future growth, and deals are for primary capital , i.e., new cash the business needs. Also, you can get in more easily from a middle-market or boutique bank.

article thumbnail

No Return Offer from an Investment Banking Internship: What to Do

Mergers and Inquisitions

2008 – 2009 or 2022 – 2023), the percentage may be even higher. All the large investment banks – bulge brackets , elite boutiques , and middle-market firms – use internships as a recruiting tool for Analysts and Associates. No Return Offer” Policy – Some boutique banks hire interns but never plan to bring them back full-time.

article thumbnail

Private Equity Regulation: 2023 Changes and Impact on Finance Careers

Mergers and Inquisitions

Secondary Transactions: If there’s a “secondary transaction,” i.e., an existing investor sells its stake in the fund, the fund must get a Fairness Opinion or valuation opinion to demonstrate that the price and terms are reasonable. The private equity and hedge fund industries have sued the SEC to block these rules , but I doubt they will win.