Remove Banking Remove Finance Remove Strategy Remove Travel
article thumbnail

Management Consulting versus Investment Banking

Management Consulted

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Cashflow or not, the extra money is substantial and a defining driver of why many people do investment banking. 2 LIFESTYLE.

Banking 272
article thumbnail

The Fed: Chairmen More Powerful Than Presidents

Tom Spencer

The Fed influences the world economy Professors in banking and finance often use the metaphor of the economy as a plane and the Fed as the pilot. The federal funds rate determines the cost of interbank borrowing in the overnight money market, which influences the interest rates that banks charge on consumer and business loans.

Banking 88
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Emergent Career Strategy - Practical Considerations

CaseInterview.com

I recently wrote an article about the difference between Planned vs. Emergent Career Strategies. The emergent strategy sometimes reveals itself in the process of pursuing the original career plan. I met an investment banker, an equity research analyst, an EVP at Wells Fargo (one of the top 10 banks in the U.S.), What did you do?

article thumbnail

Ukraine Central Bank Imposes 6-Day Waiting Period on Foreign Currency Purchases; Capital Controls Hit Ukraine in Effort to Halt Money Exodus

MishTalk

Ukraine’s central bank imposed limits on foreign-currency purchases after its interventions failed to alleviate pressure on the hryvnia, while President Viktor Yanukovych left to meet his Russian counterpart, Vladimir Putin. and the European Union discuss potential aid, Yanukovych traveled to the opening ceremony of the Sochi Olympics.

Banking 73
article thumbnail

Traveling for Work? You’re a Prime Target for Hackers

Harvard Business

As if the stresses and headaches of business travel weren’t enough, there’s one more thing to worry about while traveling in unfamiliar places: the security of your email. According to one report , there are 40,000 kidnap-and-ransom cases each year, many of which involve executives on business travel.

Travel 28
article thumbnail

Bank of Japan Buying Over 100% of Japanese Bond Issuance; Steen Jakobsen Expects "FantasyLand Will Give Way to RealityLand"

MishTalk

China Momentum The world is now reduced to: Japan QE Infinite (Helicopter money next) – BOJ is buying more than 100% of issuance from Ministry of Finance now! Safe travels, Steen Three Key Steen Opinions Japan QE Infinite (Helicopter money next) – BOJ is buying more than 100% of issuance from Ministry of Finance now!

Banking 71
article thumbnail

Reflections on Conspiracy Theories and Sensible Accounting by Reader "Alice", 89 Years Young; True Meaning of Banking Safely

MishTalk

I received several emails regarding my post on Risk-Free Banking and Fractional Reserve Lending that I would like to share. Reader Alice who travels the world at a ripe young age of 89, says. The title of Megan McArdle''s article is "Banking Without Risk Is Impossible", yet she supports a policy that creates moral hazards.

Banking 65