Market Maker

Last week, the price of Bitcoin reached $35,000, its highest level since May 2022. So why has the cryptocurrency woken from its slumber and how far can this recent rally go?Also, in this week's podcast episode:FTX founder Sam Bankman-Fried has been convicted of fraud and money laundering by a New York jury and is set to face up to 110 years in prison!Apple's latest earnings disappoint but why context is important when looking at their long-term performance US stocks rally sharply this week as US yields dropped on a dovish pivot from the US Federal ReserveFree daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.

Exploring the rationale behind M&A, this podcast delves into topics such as economies of scale in acquisitions, earnings concerns in the oil industry, potential mergers and spin-offs, and upcoming episodes. Examples include Shein's acquisition of Missguided, Google's investment in Anthropic, and possible mergers in the oil industry.

In this podcast episode, we take a deep dive into the numbers of Microsoft and Alphabet (Google) who had a mixed reception on Wall Street as the AI battle rages and Cloud competition remains fierce.The conversation then pivots to more mega-deals in the US energy sector as Chevron looks to buy US oil and gas producer Hess Corporation in a $53bn all-stock deal.Find out why a little country in South America holds the key for major oil corporations in the US.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.

Learn how to enhance your Investment Banking applications by selecting the right sector. Understand the nuances of tech, natural resources, and financial sectors. Explore valuation models and strategies to showcase your enthusiasm. Get a peek into the daily life and prospective career paths in the industry. Set yourself apart from the competition through sector selection in your IBD applications.

A special podcast episode to help everyone who is currently in the midst of applications!I'm joined by Gauri Duhan, a final-year PPE student at LSE who interned at J.P. Morgan this summer and secured a return offer to join their UK M&A team in the investment banking division.In this conversation, we cover:How to handle applications (quality vs quantity)Tackling online tests (numerical)Advice for HireVue interviewsTechnical and behavioural interviews (preparation & execution)Dealing with pressure at an assessment centreHere is the list of resources mentioned by Gauri:https://www.jobtestprep.co.uk/https://www.assessmentday.co.uk/https://www.graduatesfirst.com/https://apps.apple.com/us/app/mimir-mental-math-lite/id416770677Connect with Gauri https://www.linkedin.com/in/gauriduhan/Connect with Anthony https://www.linkedin.com/in/anthonycheung10/Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5r Hosted on Acast. See acast.com/privacy for more information.

This week we delve deep into the single, most essential trait that has proven vital across diverse fields - be it trade, academics, internships, or entrepreneurship. It's the one characteristic that unites successful traders, top-achieving graduates, and savvy business owners. What is it? You'll need to listen to find out!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.

Goldman Sachs reported a 36% drop in third-quarter profits, the bank’s eighth straight quarter of falling earnings BUT eked out a year-on-year increase in investment banking revenues for the first time in almost two years.Should DJ Sol be hanging up more than his decks? Or is this an effective pivot from the US investment bank which is now over the worst?Meanwhile, shares in Manchester United slumped after the Qatari group withdrew from their 100% bid for the football club and we review what Birken'flop' means for the IPO market going forward.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://shorturl.at/cxE36 Hosted on Acast. See acast.com/privacy for more information.

Everything you need to know about today's earnings from J.P. Morgan, BlackRock, Citi and Wells FargoOn The Trading Floor podcast series this week we unpack the first of the major investment banks to report Q3 earnings.If you're in the process of applying to these firms, don't miss out on this episode. A "must-listen" to significantly enhance your applications!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.

In The Deal Room this week the team discuss:Citi's decision to sell its $3.6bn China consumer wealth portfolio to HSBC. Find out the strategy behind the deal and what might come next for the UK-listed bank.ExxonMobil is embarking on one of the biggest M&A deals of the year. The acquisition represents the first big move of an oil Supermajor in the Permian Basin, the USA’s largest oil-producing region.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://shorturl.at/nuQ59 Hosted on Acast. See acast.com/privacy for more information.

World's biggest bond market hits a wave of sellingGlobal bonds at the mercy of Treasuries in an echo of 2020 debt sell-offTreasury-bond collapse ranks among the worst crashes in historyBloomberg has reported losses on Treasury bonds with maturities of 10 years or more had notched 46% since March 2020, while the 30-year bond had plunged 53%. Those losses are nearly in line with stock-market losses seen during the worst crashes of recent history — when equities slumped 49% after the dot-com bubble burst and 57% in the aftermath of 2008.In this podcast episode, we attempt to step out of the hysteria, re-examine what caused this move and look at the effects it may have on US/European banks, debt markets, pension funds, and the private equity community.If you have an interview or an assessment centre coming up then you MUST listen to this episode!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.