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China Faces "Minsky Moment" on Ponzi Financing

MishTalk

Inquiring minds are tuning into a report on the Ponzi finance setup in China. In recent weeks, a trip to the region and further research into China’s shadow banking system have convinced us that China is approaching its “Minsky Moment,” which increases the chances of a disorderly unwind of China’s excesses. Morgan Stanley agrees.

Finance 75
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Transitioning from Management Consulting to Corporate Strategy/M&A – the Interview Process

Tom Spencer

As a result, many consultants shift to industry and join the client’s side so that they can not only offer solutions but also take more ownership to formulate, execute, and implement a strategy from start to finish. BizOps / Strategy & Operations at tech firms. Corporate Strategy. What is corporate strategy?

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Winning Isn’t Everything: The Art of Playing Well

Tom Spencer

This idea has been echoed by some of the most influential figures in the business and finance world, including Professor Michael Porter, Michael Lewis, and Warren Buffett. Investment banks made huge profits along the way, and often knew that these securities were overvalued and going to fail.

Ethics 78
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How Banks Can Compete Against an Army of Fintech Startups

Harvard Business

It’s been more than 25 years since Bill Gates dismissed retail banks as “dinosaurs,” but the statement may be as true today as it was then. Banking for small and medium-sized enterprises (SMEs) has been astonishingly unaffected by the rise of the Internet.

Banking 32
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Why Life Insurers and Asset Managers Must Join Forces to Win

BCG

Yet that income stream is weakening, as low-risk investment yields dip toward 0% and central banks continue to drain the bond markets. In their efforts to adapt to this upside-down world, life insurers are focusing on optimizing their investment strategies and operations.

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SBA Acquisition Loans – A Win-Win-Win Especially for the Seller

Martinka Consulting

Pre-Great Recession - banks competed for business acquisition loans and I remember one client’s summary that had eight banks, eight approvals, seven banks using the SBA loan guarantee program (called SBA loans from now on) and my client took the non-SBA offer. Buyers, banks and especially sellers! Who benefits?

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Strong Economy – Strong Buy-Sell Market

Martinka Consulting

Sixty percent of them delayed their exit by at least two years, as per a study by Sun Trust Bank. It’s not reckless money like it was 15 years ago but financing options abound, including for lower middle market and below sized deals. Cash flow is king (they don’t require full collateralization, but will take as much as they can).