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Your weekly one-stop shop. From recapping the major themes in markets that week, to the latest career tips and insights from industry experts. Whether you are a trader, investor or an aspiring student looking to enter a career in financial markets, we've got you covered! Hosted on Acast. See acast.com/privacy for more information.
The Deal Room: Investment Banking to Private Equity with alumni Filip Tomasik
In this episode, Anthony chats with Filip Tomasik, who opens up about his journey from a non-target university to landing roles in investment banking and private equity. Filip shares his take on acing the application process, the real impact of internships, and the strategies that helped him secure full-time roles.They dive into the demands of debt capital markets, the unique challenges of private equity, and the contrasts in work-life balance between the two.This conversation is full of practical tips and insights, whether you’re applying for an internship, navigating your first or second year as an analyst, or aiming to transition from the sell-side to the buy-side.(01:58) Introduction and Background(05:12) Coming from a Non-Target School(07:39) Strategies for Success in Finance Applications(16:58) Transitioning from Intern to Analyst(22:53) Tips for Making Your Work Have an Impact(30:00) Understanding Debt Capital Markets(32:00) Pros and cons of working in DCM(37:27) Transitioning from Sell-Side to Buy-Side(39:30) Investment Banking vs Private Equity(49:17) Setting personal goals Hosted on Acast. See acast.com/privacy for more information.
52:0118/11/2024
The Trading Floor: The Trump "Doom Loop" Effect
In this conversation, Anthony Cheung and Piers Curran discuss the implications of Donald Trump's return to power on the financial markets, particularly focusing on the US dollar's role as a global reserve currency. They explore how Trump's policies may impact inflation, interest rates, and the economic landscape for emerging markets. The discussion delves into the complexities of the 'doom loop' phenomenon, where rising dollar values can lead to inflationary pressures in other countries, especially those with significant dollar-denominated debt. The conversation concludes with insights on how Trump might leverage these economic dynamics in global politics.(01:52) The Return of Trump and Market Reactions(03:22) The Impact of Trump's Policies on the Dollar(11:14) The Doom Loop: Trade and Financial Implications(20:28) Emerging Markets and Dollar Denominated Debt(31:05) Strategic Leverage in Global Politics Hosted on Acast. See acast.com/privacy for more information.
38:1214/11/2024
The Deal Room: Why Bank Stocks Love Trump & The Next Big AI IPO
In this episode, we dive into the financial market's reaction to Trump's return, focusing on how it impacts bank stocks and the deal-making landscape. We also explore the rise of AI players like CoreWeave, their deep ties with Nvidia, and the risks surrounding Neocloud funding models. Plus, we unpack the controversial role of Palantir’s data solutions in shaping the future of tech and government contracts.(01:48) The Impact of Trump's Election on Markets(02:58) Deal-Making Environment Post-Election(06:42) Energy Sector Dynamics Under Trump(10:10) CoreWeave: The AI Neocloud Pioneer(16:56) Nvidia's Role in the AI Revolution(19:33) The Rise of Neocloud Companies(20:30) Funding Models and Risks in AI Startups(24:54) Why Timing is Important(26:44) Palantir: Controversial Data Management Solutions Hosted on Acast. See acast.com/privacy for more information.
33:1711/11/2024
Breaking Barriers: Navigating Social Mobility in Finance (Chloe Shepherd - VP Credit Repo Trader at Citi)
Chloe Shepherd shares her inspiring journey from a working-class background in a small seaside town in northern England to becoming a VP Credit Repo Trader at Citi in London.She reflects on the influence of her family, especially her mother’s focus on education, and her experiences throughout school and university.Chloe highlights the importance of transferable skills from early jobs and the impact of organisations like Upreach in promoting social mobility in finance.She also discusses the challenges of being a woman in a male-dominated field and the value of regional representation in the industry.Tune in for practical advice on overcoming imposter syndrome, building resilience, and leveraging mentorship for a successful finance career.(02:08) Introduction to Chloe Sheppard(03:46) Chloe's Upbringing and Early Education(11:55) Influence of Family Dynamics(13:07) The Journey to University(15:21) Finding Confidence at University(20:43) Transitioning from Studies to Career(23:55) The Importance of Transferable Skills(25:11) Navigating Internships and Opportunities(28:09) Social Mobility in Finance(31:32) Regional and Gender Perspectives in Finance(34:38) Navigating Identity and Authenticity(43:57) Challenges of Being a Woman in Finance(49:16) Overcoming Imposter Syndrome(52:23) Key Traits for Success(57:10) Advice for the Next Generation Hosted on Acast. See acast.com/privacy for more information.
59:0808/11/2024
BREAKING NEWS: Trumps Wins U.S. Election: Stocks Hit Record High
Republican Donald Trump has claimed victory in the 2024 presidential contest capturing the battleground states of Pennsylvania, North Carolina and Georgia and holding leads in the other four.In this breaking news episode, we look at what led to his victory, how markets have reacted, whether the outcome will influence the Fed and what Elon Musk has to gain from aligning himself with the the first president to win non-consecutive terms in more than a century. Hosted on Acast. See acast.com/privacy for more information.
09:4806/11/2024
The Deal Room: Private Equity's Next BIG Bet
Join Anthony Cheung and Stephen Barnett as they break down five major finance stories covering IPOs, M&A, VC investments, private placements, and private equity:(01:58) Introduction(03:11) Reddit's standout Q3 earnings and IPO buzz(09:46) Goldman’s upbeat M&A outlook(15:50) Sequoia’s bold crypto acquisition(20:41) Boeing’s record-breaking share sale(26:50) Private equity's growing interest in nuclear energyEach topic dives into trends shaping today’s corporate finance landscape.****Experience Finance now at www.amplifyme.com Hosted on Acast. See acast.com/privacy for more information.
31:2304/11/2024
The Deal Room: Tesla's Remarkable Surge & HSBC's Major Overhaul
In this week’s podcast episode, we dive into two major stories in the equity markets:Tesla’s impressive stock surge after a strong earnings report—exploring the key factors driving its valuation and performance.HSBC’s bold restructuring under its new CEO, examining how geographic divisions and strategies address geopolitical tensions and pressures from activist investors.Catch these insights and stay ahead of the latest market moves!*****Experience Finance now at www.amplifyme.com Hosted on Acast. See acast.com/privacy for more information.
27:1128/10/2024
The Trading Floor: 3 Themes to Nail Your Global Markets Interview
This week, students in our community asked for guidance on key market themes to discuss at interviews. So, we recorded this episode to help everyone get prepared.Tune in as we break down the three major themes you need to be fluent in:U.S. interest ratesChina’s economic challengesImpact of the upcoming U.S. electionHope it helps and please do share far and wide!Good luck*****UBS Research on the U.S. election HEREwww.tradingeconomics.com Hosted on Acast. See acast.com/privacy for more information.
49:0725/10/2024
The Deal Room: Decoding J.P. Morgan & BlackRock Earnings for Interviews
Join Anthony Cheung and Stephen Barnett as they dive into the world of corporate earnings, unpacking the latest reports from J.P. Morgan and BlackRock. Discover the crucial financial metrics you need to know and get insider insights from Jamie Dimon, CEO of J.P. Morgan, as well as BlackRock’s strategic moves as the world’s largest asset manager. Whether you're gearing up for a finance interview or just want to sharpen your understanding of financial statements, this episode has you covered! Hosted on Acast. See acast.com/privacy for more information.
33:4621/10/2024
Career Insight: Devraj Bhattacharya, Flow Traders Head of Emerging Markets Trading in Asia
In this episode, Anthony Cheung interviews Devraj Bhattacharya, Flow Traders head of emerging markets trading in Asia.They discuss Flow Traders' role as a market maker, Devraj's path from engineering to trading, and the importance of technical skills and collaboration at the firm.Devraj also shares key traits sought in trading candidates, insights on team structures, and advice for aspiring traders, with a focus on resilience.Whether you're curious about trading or considering a career in it, this is an episode you won't want to miss!(00:00) Introduction to Flow Traders and Devraj's Journey(05:07) Understanding Flow Traders' Role in the Market(10:01) The Importance of Technical and Soft Skills in Trading(15:00) The Graduate Program and Career Development at Flow Traders(22:02) Key Characteristics for Success in Trading(36:04) Building Resilience in Trading(40:54) Advice for Aspiring Traders and Young ProfessionalsJoin the Flow Traders E-house Day on the 30th of October HEREExplore graduate opportunities with Flow Traders HERE Hosted on Acast. See acast.com/privacy for more information.
48:5918/10/2024
The Deal Room: Mastering Your Finance CV & Cover Letter
In this episode, Anthony Cheung and Stephen Barnett discuss practical advice for students on crafting effective CVs and cover letters, emphasising the importance of tailoring applications, showcasing unique experiences, and the power of transferable skills. This episode is packed with great tips learned from working with thousands of students and directly with the companies in the finance industry that hire them!(02:11) Introduction(03:02) How to present your education effectively(04:37) Strategies for managing poor A-level results(05:55) Highlighting extracurricular activities(08:18) Tailoring your CV to stand out(10:15) Setting realistic expectations for roles(12:16) Making the most of your work experience(14:53) Positioning upcoming opportunities strategically(15:56) Crafting the perfect cover letter(18:17) Avoiding common cover letter mistakes(20:46) Telling your story well(23:54) Selling yourself with confidence Hosted on Acast. See acast.com/privacy for more information.
25:5914/10/2024
The Trading Floor: Germany, the "Sick Man" of Europe
In this episode, Anthony Cheung and Piers Curran break down the latest US CPI data and its implications for the Fed's interest rate strategy. But that's not all, Germany’s economy is in the spotlight as they explore recession warnings, government forecasts, and what this all means for the Eurozone.They also dive into the growing divide between US and European monetary policies, dissecting the ECB's next move as it grapples with Germany's economic woes. Tune in for a dynamic take on how these global shifts could reshape the markets. Perfect for any interview prep!(01:58) Introduction to episode(04:22) Latest US CPI report explained(09:36) US Jobless Claims spike higher(11:53) Is the US labour market as strong as NFP suggests(15:46) Markets reaction and Fed expectations(17:15) Why is Germany struggling so much?(28:15) US vs EU policy divergence(31:41) What are options markets signalling?(37:30) Ant is going to shave his head LIVE! Hosted on Acast. See acast.com/privacy for more information.
37:4911/10/2024
How to Stand Out in Finance Job Applications: Advice from Asset Management Director
**This conversation was recorded LIVE on the AmplifyME LinkedIn page**In this conversation, Ben Arnold an investment director at Schroders, shares his extensive experience in the finance industry, discussing the intricacies of the application process for internships and graduate roles. He emphasises the importance of quality over quantity in applications, effective research strategies, and the necessity of tailoring resumes. The discussion also covers the significance of collaboration, the role of qualifications like the CFA, and managing expectations in a competitive job market. A must-listen for those currently in the application process!(01:57) Introduction and Backgrounds(06:35) Navigating the Application Process(11:33) Understanding Wealth vs. Investment Management(17:29) Crafting Quality Applications(21:47) How to approach online tests(25:17) The Importance of Collaboration(27:54) Assessment Centre Insights(31:10) Is the CFA worth doing?(34:23) The Role of Qualifications in Career Advancement(38:56) Tips for HireVue(41:25) Managing Expectations and Career Paths(44:12) Transferring Skills from Sports to Finance(47:05) Dealing with pressure(49:05) Advice on career switching in early careers(50:56) Behaviour is paramount at all times(53:20) The ONE trait that stands out in applications Hosted on Acast. See acast.com/privacy for more information.
54:3809/10/2024
The Deal Room: Mastering Investment Banking (IBD) Jargon for Interviews
In this episode, Anthony and Stephen delve into the complexities of investment banking jargon, breaking down essential terms like EBITDA, leverage, DCF, and synergies. They discuss the importance of understanding these concepts for interviews and practical applications in M&A strategies.The conversation also covers the distinctions between bulge bracket and boutique banks, as well as the roles of sector coverage and product specialists in the industry.This is a perfect conversation for anyone contemplating a future career in banking!(02:02) Introduction to IBD Jargon(04:38) Understanding EBITDA(10:39) Exploring Leverage(13:50) Decoding DCF(21:13) The Concept of Synergies(23:35) M&A Strategies: Vertical vs Horizontal(26:48) Accretion vs Dilution in M&A(31:17) Bulge Bracket vs Boutique Banks(36:56) Sector Coverage vs Product Specialists*****Want to explore a career in M&A? Try our Banking Finance Accelerator in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
39:2407/10/2024
BREAKING NEWS: US Non-Farm Payrolls comes in HOT!
In this special episode, join Anthony Cheung and Piers Curran as they break down the latest US labor report in real-time.Get insights into the instant market reaction and what this means for the Federal Reserve and the broader political landscape.With the economic data smashing expectations, this is crucial information for both investors and students prepping for finance interviews. Hosted on Acast. See acast.com/privacy for more information.
16:2704/10/2024
The Deal Room: Bumper M&A Special (UniCredit, Intel, Rightmove)
In this episode, Anthony Cheung and Stephen Barnet discuss the latest developments in M&A speculation, focusing on Unicredit's acquisition attempts of Commerzbank, Qualcomm's interest in Intel, and the ongoing saga of Rightmove's acquisition. They delve into the complexities of these transactions, the political implications, and the strategic rationale behind them, providing insights into the world of investment banking and M&A.(02:03) Introduction to M&A Speculation(03:17) Unicredit's Stake in Commerzbank(07:30) Politics in M&A(11:22) The Mechanics of the Deal(24:28) Qualcomm's Interest in Intel(29:41) Rightmove's Acquisition Saga Hosted on Acast. See acast.com/privacy for more information.
34:3630/09/2024
The Trading Floor: China's Economic Revival & Saudi's Shift in Oil Strategy
In this conversation, Anthony Cheung and Piers Curran discuss significant global economic events, focusing on China's recent stimulus measures aimed at revitalising its struggling economy and Saudi Arabia's shift away from its $100 oil price target. They explore the implications of these developments for global markets, interest rates, and economic sentiment, emphasising the interconnectedness of these issues in the broader context of the global economy.(2:09) Community shout outs(4:54) Themes this week(5:52) Why China have acted now(9:48) Chinese stocks reaction(12:45) PBOC Rate cut(16:18) Stock market intervention(20:07) Government rescue(22:31) Saudi drop price target(28:29) Why Saudi needs high oil prices(34:10) Lessons from history(38:26) Implications for a soft landing Hosted on Acast. See acast.com/privacy for more information.
38:2127/09/2024
The Deal Room: 5 M&A Trends For Your Investment Bank Interview
In this episode, Anthony and Stephen discuss the current state of the M&A market, highlighting key trends, the impact of interest rates, and the dynamics of private equity. They explore the resurgence of mega deals, particularly in the energy and technology sectors, and address the realities of working in investment banking, including long hours and managing expectations for aspiring professionals.(02:13) Introduction(04:41) Current State of the M&A Market(09:41) Interest Rates and Their Impact on M&A(14:00) Corporate vs Sponsor M&A (Private Equity) (19:20) The Rise of Mega Deals in Energy and Tech(22:36) Managing Expectations in Investment Banking Careers*****Experience finance now with the AmplifyME M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
30:5223/09/2024
The Trading Floor: The Fed's Bold Strategy
In this podcast episode, Anthony Cheung and Piers Curran discuss the recent interest rate decisions by the US Federal Reserve and the Bank of England, analysing market reactions and implications for investors. They delve into the significance of the Fed's bold 50 basis point cut, the contrasting approaches of the two central banks, and the impact of labour market dynamics, particularly in relation to migration.This is a must-listen for any investor or student preparing for interviews in the current application cycle!(02:01) Market Reactions to Central Bank Decisions(04:08) The Fed's Bold Rate Cut(06:45) Market reaction(09:07) Fed's latest dot-plot projections(13:24) Bank of England hold but signal cuts(17:51) Labour Market Dynamics and Migration20:43 Tech Sector Performance and Market Trends Hosted on Acast. See acast.com/privacy for more information.
20:3621/09/2024
9 Offers, 1 Strategy: Mastering Finance Internship Applications
The internship application season is in full swing, and while it’s an exciting time, it can also be incredibly stressful. Don’t worry—we’ve got you covered!In this episode, I'm joined by special guest Favour Oluwanusin, a university student who recently went viral for sharing an in-depth guide on how he secured an astonishing 9 Spring Week offers. Together, we break down the key steps to take your application to the next level.Here’s a sneak peek at what you’ll learn:(02:13) Navigating the Application Process(04:38) The Importance of Timely Applications(06:02) Understanding A-Level Grades and Work Experience(07:07) Non-financial degrees: Do they stand a chance?(12:12) Cover Letters: To Submit or Not?(15:43) Quality vs. Quantity in Applications(21:09) Becoming financially fluent(23:59) Is it harder to get a summer than a Spring Week(26:04) Why make an application guide(28:57) Overcoming Imposter SyndromeThis episode is essential listening to boost your chances of landing that internship.Tune in and get ahead of the competition!****Access Favours application guide > https://lyrical-twig-2ac.notion.site/I-Got-Nine-Spring-Week-Internship-Offers-Here-s-How-You-Can-Too-ab6d515020dc4a14818c6f6cc2e827b8 Hosted on Acast. See acast.com/privacy for more information.
33:0216/09/2024
The Trading Floor: 50 bps Fed Cut Now 'Off the Table'
In this episode, I’m joined by co-founder Piers Curran to dive into three major talking points in global markets this week.Here’s what we cover:The odds of a 50 bps rate cut from the Fed have dramatically reduced following the latest US CPI report.Trump trades lose steam as Harris wins their first encounter.Goldman Sachs prepares to post a $400 million hit to Q3 results as it unwinds its consumer business.This is the perfect episode to help you unpack the news that matters in a clear and easy-to-understand way, essential listening for any student preparing for the application process!02:09 Market Overview and Key Topics03:14 US CPI Report Analysis11:22 Market Reactions and Stock Movements16:03 Commodities and Inflation Outlook19:58 Market Participants and Career Insights22:09 Value investors and rate expectations24:30 Trump vs Harris26:54 Swiftomonics 29:10 Market implications of the US election33:28 Goldman Sachs the bearer of bad news39:30 M&A offsets trading at GS Hosted on Acast. See acast.com/privacy for more information.
41:4112/09/2024
The Deal Room: NFL Opens Doors to Private Equity
In this episode, we dive into some of the biggest deals currently shaping the corporate finance landscape.We explore Mars' acquisition of Kellanova, the NFL's move to allow minority private equity interests, the potential takeover of Rightmove by REA Group, and Blackstone's acquisition of AirTrunk.Join us as we unpack the strategic motivations behind these deals, consider potential antitrust concerns, and examine how interest rates are influencing the housing market.An essential listen for anyone looking to understand corporate finance in action. Hosted on Acast. See acast.com/privacy for more information.
30:2209/09/2024
The Trading Floor: Mixed Reaction to US Non-Farm Payrolls Report
The market remains divided on whether the Fed will cut rates by 50 or 25 basis points.Friday's labour report was expected to provide clarity, but instead, it delivered mixed signals.Tune in to discover how the markets reacted, what clues the US yield curve is providing, and which data points to watch leading up to the FOMC meeting on September 18th.Essential listening for any investor or student in the midst of application season.01:00 Introduction and Overview of US Non-Farm Payrolls Report02:28 Mixed Reaction to Job Creation Numbers04:07 Reaction and Speculation of Rate Cuts14:15 Market Divided on Fed's Rate Cut Decision22:46 Uninversion of US Yield Curve and Speculation of Recession25:26 Conclusion Hosted on Acast. See acast.com/privacy for more information.
25:2206/09/2024
The Deal Room: Unpacking the Valuation of Nvidia (Financial Model Explained)
In this episode of The Deal Room, Anthony and Stephen Barnett dive deep into the valuation of Nvidia, comparing it with Intel. They explore various valuation methods, including market-based, absolute, and relative approaches, and unpack the assumptions and subjectivity that shape these models. The discussion also covers Nvidia's growth potential and current valuation, contrasted with Intel's decline and strategic missteps. Is Nvidia's valuation too high or too low? Tune in to find out!*****00:00 Introduction and Overview02:14 Valuation of Nvidia09:01 The Subjectivity of Valuation15:45 Nvidia's Growth and Valuation16:31 Strategic Missteps of Intel Hosted on Acast. See acast.com/privacy for more information.
22:2602/09/2024
The Trading Floor: Nvidia Earnings Explained
Nvidia reported a staggering 122% revenue growth, but its sales outlook was disappointing. Data center revenues are slowing, the new Blackwell design has encountered problems, and gross margins are narrowing.As the AI hype begins to cool, is Nvidia managing expectations or facing a slowdown?Get up to speed on one of the major stories in global markets this week.*****01:00 Introduction and Nvidia's Earnings Report03:00 Decelerating Growth Rates for Nvidia07:13 The importance of forward guidance 08:35 The Delayed Release of the Blackwell Chip12:43 Nvidia's Share Buyback Program14:13 Managing market expectations18:32 Broader Context and Sector Rotation21:02 What happens to US stocks next? Hosted on Acast. See acast.com/privacy for more information.
23:0629/08/2024
The Deal Room: Unveiling the World of M&A with Peter Bell, Founder of Cardean Bell
In this episode, we chat with Peter Bell, founder and CEO of Cardean Bell, a leading M&A boutique advisory firm. With 24 years at top investment banks like Bank of America Merrill Lynch, Lehman Europe, and Nomura, Peter has advised on over $100 billion in transactions across every industry sector. In 2016, he launched Cardean Bell to offer a more personalised approach to M&A and IPO advisory.Join us as Peter shares his journey from global banking to running a boutique, the value Cardean Bell provides to clients, and why companies choose boutique firms over bulge bracket banks. He also offers career advice for aspiring investment bankers, including how to stand out as a young analyst and when to consider moving from a big bank to a boutique.Whether you're eyeing a career in banking or just curious about the industry, this episode is packed with insights, stories, and practical tips from one of the industry’s most experienced leaders. Don’t miss it!*****Introductions (2:12)University experience (3:37)Peter's early career (5:02)Moving from junior to senior roles (7:32)Is it possible to fast-track a banking career? (9:20)Heading up the UK M&A team at Bank of America (12:36)Wanting to start your own firm (13:29)How is Cardean Bell unique? (18:05)The importance of accountancy skills (26:06)How Macro impacts deal making (29:29)Current state of play (32:36)The art of timing a deal (38:17)How AI will impact the industry (40:36)What makes a perfect analyst (46:07)Bulge bracket vs boutique route (47:46)Most memorable interview question (51:15) Hosted on Acast. See acast.com/privacy for more information.
53:5226/08/2024
The Trading Floor: Market Peaks & Recession Fears
Is a US recession pending? Have stocks already peaked this year? Has the focus shifted from inflation to the labour market?In this episode, I speak to co-founder Piers Curran to unpack his view on the major themes in global markets.Essential listening for any investor or student getting prepared for the upcoming application season.****Introduction and Setting the Stage (1:44)Shift in Focus: From Inflation to the US Labour Market (5:51)Bullish Sentiment: Goldman's view on US equities (14:21)Upcoming Events: Jackson Hole and Nvidia Earnings (23:56)Cautious Approach: De-risking in Volatile Times (28:27) Hosted on Acast. See acast.com/privacy for more information.
34:3322/08/2024
The Deal Room: Ackman’s Flop, Buffett’s Bet, and Canva’s AI Play
In this episode, we dive deep into three of the most intriguing stories shaking up the financial world:Ackman’s IPO Flop: Bill Ackman’s Pershing Square IPO crashes from a $25 billion goal to just $2 billion, with major backers like Baupost Group stepping away. We discuss what went wrong and the broader implications for closed-end funds. (3:00)Buffett’s Bold Move: Warren Buffett unloads $3 billion in Bank of America shares, raising questions about market timing. We break down the impact and what it means for investors. (12:00)Canva vs. Adobe: Canva accelerates its AI strategy with the acquisition of Leonardo.ai, aiming to challenge Adobe. We examine Canva’s rapid growth and its race to catch up with the industry giant. (22:00)*****Want to gain practical experience in finance? Check out our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
25:0312/08/2024
The Trading Floor: Monday's Market Selloff Explained
The headline on Bloomberg reads '$6.4 trillion stock wipeout has traders fearing ‘Great Unwind’ is just starting'.Join us as we delve into the key drivers behind Monday’s dramatic selloff in global equities. We'll explore the fundamental factors, market mechanics, and investor psychology that played pivotal roles in this market turbulence.Tune in for a comprehensive analysis essential for anyone following the financial markets.Introduction & Monday's stats (00:00)Fundamentals behind the selloff (5:48)Japanese carry trade explained (12:12)Why the Nikkei was hit so hard (17:25)The role of algorithmic trading systems (18:51)The impact of market psychology (23:13)Thoughts on the Fed (25:10)How news dissemination has changed the game (27:15)US recession risk (29:20)The fate of the Magnificent Seven stocks (33:18)Practical steps to investment in this environment (35:35) Hosted on Acast. See acast.com/privacy for more information.
39:4306/08/2024
The Deal Room: Return Of The SPACs & A Quantum Computing IPO
In this episode, we unpack:Investors and bankers are raising billions for new SPACs. What are they and why are they back in favour? (3:06)Honeywell’s quantum computing spinout, Quantinuum, is eyeing a $10bn IPO amid the AI boom. (12:59)A dealmaking revival is boosting the UK’s top law firms. Banker or lawyer: which career would you choose? (20:34)Tune in to explore corporate finance through today’s real-world stories. Hosted on Acast. See acast.com/privacy for more information.
26:1505/08/2024
The Deal Room: "Ask Me Anything" Q&A with our Student Community (Part 2)
In this special 2-part series of The Deal Room, we dive into an "Ask Me Anything" session with the curious minds of the students on our Summer Analyst Training Programme. Join Stephen Barnet, our Director of Corporate Finance, and Anthony Cheung, Chief Content & Culture Officer at AmplifyME, for an engaging discussion that covers everything from career advice to industry insights.In part 2, the team responded to:What is the difference from a technical and cultural perspective working in the UK vs US? (1:10)To what extent are office politics important to your progression in the firm? (7:43)What attributes would you want junior analysts to have? (10:56)What are common misconceptions about Investment Banks that you wish more students understood? (15:15)Did you ever get shouted out and why?! (19:10)*****Want to enhance your CV with practical experience? Join our next free M&A simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
27:5929/07/2024
The Trading Floor: Tesla's Earnings Drop, Alphabet's Cloud Success and Biden Steps Down
In this episode, we break down the latest financial news in focus this week:Tesla's shares plunge after missing earnings for the fourth quarter in a row, despite record revenue. Meanwhile, Alphabet shines with a strong performance in cloud services, surpassing revenue expectations.French bank, BNP Paribas reported a record second-quarter profit driven by a surge in equities, while Deutsche Bank struggled with a loss due to weak trading results and legacy issues.We look at how the market reacted to US President Joe Biden withdrawing from the election race and what a Trump victory may mean for markets. Tune in for a concise and insightful look at these key financial stories!*****Are you a student interested in a career in finance? Try our free Markets Finance Accelerator in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
12:1425/07/2024
The Deal Room: "Ask Me Anything" Q&A with our Student Community (Part 1)
In this special 2-part series of The Deal Room, we dive into an "Ask Me Anything" session with the curious minds of the students on our Summer Analyst Training Programme. Join Stephen Barnet, our Director of Corporate Finance, and Anthony Cheung, Chief Content & Culture Officer at AmplifyME, for an engaging discussion that covers everything from career advice to industry insights.In part 1, the team responded to:I missed out on Spring week, am I doomed? (2:01)What is the timeline of career progression in IBD? (5:50) What steps can I take as a fresh grad to stand out? (10:10)How much programming experience do I need to be a quant? (14:01)With the rise of algorithmic trading is there a threat to traditional roles? (17:18)*****If you're a student interested in a career in finance then try our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
22:1422/07/2024
The Trading Floor: Nasdaq Posts Worst Day Since 2022 As Trump Rattles Markets
Midweek turmoil hit global chip stocks following reports of tighter US export restrictions and rising geopolitical tensions, spurred by remarks from former President Donald Trump.We also unpack comments from the former US President on his thoughts on Federal Reserve Chair Jerome Powell, his view on interest rates, and why he may draft in help from J.P. Morgan CEO Jamie Dimon.On the other side of the Atlantic, UK inflation held steady in June, aligning with the Bank of England's 2% target. However, traders were more focused on the unexpected surge in inflation within the UK services sector.A must-listen for anyone looking to understand the interplay between current events and market dynamics!Introduction (00:01)Nasdaq sell-off (2:12)Trump rattles chip stocks (3:01)The sell-off in context (7:58)The impact on geopolitics (9:16)Fed Powell's comments on interest rates (12:13)Trump's comment on Powell's future (14:25)Could Jamie Dimon become Treasury Secretary (15:51)UK services inflation proves sticky (22:06)*****Experience Sales & Trading and Asset Management in our free Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
29:0618/07/2024
The Deal Room: Is Nike In Trouble & HSBC Shakes Up Its IBD Division
In this episode, we delve into Nike's recent struggles, with its stock down over 30% this year. We'll explore the factors contributing to its decline, from questionable leadership and strategic missteps to macroeconomic challenges and rising competition in the sneaker market.HSBC is reshaping its investment banking division to better compete with its rivals. Discover the changes being implemented and their potential impact on the UK-listed bank.Microsoft and Apple are turning down OpenAI board seats as regulatory scrutiny grows and is the era of cheap money about to catch up with the private equity market?Essential listening for any student interested in corporate finance and business strategy.*****Want to gain practical experience in corporate finance? Join our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
35:5315/07/2024
The Trading Floor: US Stock Sector Rotation & Big Bank Earnings Explained
On Thursday, US inflation dropped to 3% in June, leading to increased bets on interest rate cuts.As such, the Russell 2000 outperformed the Nasdaq 100 by 5.8 percentage points, signaling a rotation out of tech megacaps. Discover the winners and losers in this market shift.Meanwhile, J.P. Morgan, Citi, and Wells Fargo kick off bank earnings season. Investment bank fees are smashing forecasts but it's not all plain sailing for some of the biggest banks on Wall Street.Tune in now to find out why!*****Want to get practical experience in markets or asset management this summer? Join our free Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
47:2212/07/2024
The Deal Room: The Rise of Jefferies & A Big Week for Private Equity
It’s been a great week for investment banking and deal-making, and we've curated the top four stories:Jefferies’ bumper earnings and the factors driving the success of elite boutique banksA detailed exploration of the Poison Pill strategy, featuring Southwest Airlines' defense against activist investor Elliott Management.An in-depth analysis of SpaceX's staggering $210 billion valuation following its recent tender offer.Fresh off their NBA championship win, the Boston Celtics are now on the market for potential buyers.Essential listening for anyone thinking of applying to roles in corporate finance!*****Want to experience M&A first hand? Try our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
41:3505/07/2024
The Trading Floor: Labour Landslide, Trump Trade & Tesla's Surge
In this episode, we dive into the aftermath of the Labour Party's landslide victory in the UK General Election. Discover how the markets have reacted and what this seismic political shift means for UK assets moving forward.Next, we explore the intriguing political landscape in the US. Will Biden step aside, and if so, who might replace him? We also break down the complexities of a US rates curve steepener trade and what it signifies for investors.Finally, we analyze the remarkable 17% surge in Tesla shares over just two days. Uncover the factors driving this rapid rise and why there could be more gains on the horizon.*****Are you a student looking to get finance experience on your CV this summer? Join our next free Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
47:0805/07/2024
The Deal Room: The Art of The Spin-Off
In this episode, we explore five strategic reasons companies sell their assets.From divesting non-core businesses and restructuring to managing complex geographies and conflicts of interest.We bring these concepts to life with real stories in the news today.Essential listening for aspiring bankers looking to enhance their corporate finance skills!*****Are you a student interested in investment banking? Take our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
41:2601/07/2024
The Trading Floor: Nvidia’s $500 Billion Drop & Diversification Explained
Nvidia has lost over $500 billion in market value since briefly becoming the world’s most valuable company last week.Has anything fundamentally changed for the AI revolution’s poster child, or is there a rational reason for this temporary sell-off?We also examine the S&P 500 from a non-AI stocks perspective and reveal surprising insights from the past quarter’s sector performance that shed light on the economic cycle.Tune in now to enhance your market understanding in a simple, straightforward way!*****Are you a student thinking about a career in financial markets? Sign up for our free Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
40:5627/06/2024
The Deal Room: IBD Insights - Who's Hiring & Who's Firing
In this episode, inspired by a recent Financial Times article, we delve into the current landscape of the Investment Banking Division (IBD).Why are partners and Managing Directors (MDs) feeling the heat, and how does this pressure impact analysts and associates down the line?Join us as we reveal the firms making moves on the Street, both hiring and firing and explore the nuances of compensation in these competitive roles.*****Join our next free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
42:0624/06/2024
The Deal Room: Apple Intelligence & J.P. Morgan Boosts IBD Outlook
In this episode, we delve into the captivating world of corporate strategy, examining four prominent stories that made headlines last week:Apple is enhancing its Siri voice assistant and operating systems with OpenAI's ChatGPT, aiming to catch up in the AI race.Amazon has outperformed sales and profit forecasts, thanks to adverts shown during Prime shows and films.Nvidia has emerged as a leading investor in AI start-ups this year, leveraging its dominance in AI processors.J.P. Morgan anticipates a 25-30% surge in dealmaking fees for Q2, indicating a rebound in investment banking revenue after a challenging period for the industry.Tune in now to sharpen your understanding of corporate finance!*****Take practical experience in corporate finance in our M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafaCheck out the Investment Banking Scorecard mentioned in the episode https://graphics.wsj.com/investment-banking-scorecard/ Hosted on Acast. See acast.com/privacy for more information.
39:3117/06/2024
MM155: Trading a News-Driven Event (US CPI & FOMC Meeting)
This week, global markets were abuzz with two major events: the US Consumer Price Index (CPI) report and the Federal Reserve's latest policy announcement.In this episode, we delve into each data release and share strategies for trading during such pivotal moments. Whether you're a seasoned trader or aspiring to enter the field, this episode offers valuable insights and practical tips.Tune in for an in-depth analysis and expert advice on navigating news-driven market events.*****Support our Ride Across America Challenge and donate to Great Ormond Street Hospital Charity https://givestar.io/gs/amplifymes-fundraiser-for-great-ormond-street-hospital Hosted on Acast. See acast.com/privacy for more information.
43:3714/06/2024
BREAKING: European stocks fall on EU vote and Macron’s shock call for parliamentary elections
A sell-off in French stocks and bonds dragged down European-wide indices as investors reacted to political instability and the possibility of a far-right government.In this breaking news episode, we step back and break down 6 reasons why financial markets react negatively to this type of information.Tune in now to understand the forces driving market behaviour! Hosted on Acast. See acast.com/privacy for more information.
09:1410/06/2024
The Deal Room: Shein 2024 IPO & Business Model Strategy
The online fashion giant Shein is on the verge of an Initial Public Offering on the London Stock Exchange. With advisory support from Goldman Sachs, J.P. Morgan, and Morgan Stanley, Shein's valuation is projected to reach £50bn, marking it as London's most high-profile public float in over a decade.In this episode, we delve into:How Shein became one of the most successful B2C e-commerce platforms in historyThe secret formula behind its business strategyA deep dive into the company's financials and valuationThe risks and vulnerabilities in Shein's business modelThe mechanics behind its London listingJoin us as we uncover the intricacies of Shein's path to IPO and what it means for the future of online fashion.*****Make a donation to the AmplifyME Ride Across America Challenge to raise money for Great Ormond Street Hospital Charity https://givestar.io/gs/amplifymes-fundraiser-for-great-ormond-street-hospital Hosted on Acast. See acast.com/privacy for more information.
47:4210/06/2024
5 Essential Tips to Convert Your Summer Internship with Former Investment Bank Recruiter
Unlock the secrets to securing a full-time position from former trader and tier 1 investment bank recruiter, Andrew Osayemi, as he shares his five-point plan for converting your summer internship:1) Master the art of leaving an unforgettable first impression, blending both non-verbal and verbal cues.2) Articulate your desire for a full-time commitment while tactfully probing for available job opportunities.3) Schedule informal weekly performance check-ins to ensure alignment and track progress effectively.4) Deliver unwavering excellence in your work output and behaviour, consistently raising the bar for quality.5) Foster a dynamic social presence, embracing every opportunity to engage in work-related social events without hesitation.Don't miss out on these invaluable insights to maximise your internship's potential! Hosted on Acast. See acast.com/privacy for more information.
27:1605/06/2024
The Deal Room: 5 Stories In Corporate Finance This Week
In this episode, we dive into five of the latest and most impactful stories in corporate finance, offering you key insights into the world of banking and business:Microsoft + Activision Update: How the Call of Duty: Black Ops 6 launch on Game Pass could reshape gaming subscriptions.Brookfield's Renewable Energy Deal: Brookfield's $6.6 billion move to acquire France's Neoen and its long-term impact on the renewable sector.Saudi Aramco's $10bn Share Offering: The significance of Aramco's upcoming secondary share sale and its market implications.Red Bull's Stake in Leeds United: Red Bull expands into English football with a stake in Leeds United FC. What does this mean for the club and Red Bull's sports strategy?Subway's Record Bond Issue: Subway's $3.35bn franchise-backed bond, the largest ever, and its role in financing Roark Capital's buyout.Tune in to get the latest insights!*****Register now for our new Tesla-related M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
40:4102/06/2024
MM154: Quant Hedge Fund Strategy Explained & Why GBP Is Outperforming The EUR
The Catalyst/Millburn Hedge Strategy Fund employs a strategy based on their prediction that interest rates will remain steady due to high prices, and the Federal Reserve won't cut rates soon.We explore how their trade is structured, the macroeconomic insights driving their thesis, and how hedge funds use derivatives for leverage and market neutrality strategies to manage risk.Additionally, we discuss the recent surge of Sterling to a 21-month high against the Euro, even as the UK faces the uncertainties of an upcoming general election.Tune in now and start learning more about finance in a fun and easy-to-understand way!*****Register for a free Markets Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
30:3430/05/2024
Demystifying Investment Banking: A Day in the Life of a Leveraged Finance Analyst (Part 2)
Join us for the second and final episode of our mini-series, where we delve into the daily responsibilities of a Leveraged Finance (LevFin) Analyst. Discover how this role stands out within the banking division, and gain insider tips on successfully entering this dynamic field. Whether you're aspiring to break into finance or simply curious about the world of investment banking, this episode offers valuable insights and practical advice.*****Take a free experience in banking with our M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
16:2827/05/2024
MM153: UK PM Rishi Sunak Announces General Election & Nvidia's AI Boom Continues
Here's what you can expect in this week's podcast episode on global markets:Why UK Prime Minister Rishi Sunak pulled the trigger and announced a general election for the 4th of JulyUK inflation dropped to the lowest in nearly three years this week so why have traders removed a June rate cut from the tableNvidia smashes earnings expectations once again, so what next for the poster child of the AI revolutionTune in for insightful analysis and the latest updates!*****Connect with Anthony on LinkedIn https://www.linkedin.com/in/anthonycheung10Take a free Markets Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
42:4423/05/2024