Berenberg Akademie Investment Banking - Klischees vs. Realität. 29. März 2014
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1 Berenberg Akademie Investment Banking - Klischees vs. Realität 29. März 2014
2 Klischees Money never sleeps, pal. Lunch? Aw, you gotta be kidding. Lunch is wimps. The year I turned 26 as the head my own brokerage firm, I made 49 million dollars, which really pissed me f because it was three shy a million a week.
3 und Realität
4 Investment Banking im Kontext der Bankdiestleistungen INVESTMENT BANKING PRIVATE BANKING ASSET MANAGEMENT CORPORATE BANKING Equities Equity Research Equity Institutional Sales Equity Execution Equity Capital Markets Financial Markets Fixed Income Research Fixed Income Sales Trading Individual advice wealthy families, freelancers, entrepreneurs and the independently wealthy All-round wealth structuring Private asset management Real assets Advice and care institutional investors Quantitative investment concepts and risk management strategies Equity-, bond- and total-return-oriented concepts and overlay management solutions Corporate clients Services SMEs and listed companies Shipping Structured finance Assistance financial investors, consulting as part financial advisory Real Estate FX Trading Debt Capital Markets Strategic Advisory / M&A
5 Was macht ein Investment Banker? Beratung und Betreung von instiutionellen Kunden basierend auf einer Vertrauensbeziehung Investmentberatung und Finanzanalyse zur Unterstützung der Investitionsentscheidung Diverse Asset-Klassen Breites Spektrum an Investoren Kapitalmarktzugang Weltweite Vernetzung von Investoren und Unternehmen Handel von Wertpapieren, Währungen, Rohstfen Allokation und Beschaffung von Kapital (Fremdkapital und Eigenkapital z.b. Börsengänge) Strategische Beratung und Exekution von Tranksationen (M&A) Investment Banker sind Dienstleister, keine Casino-Spieler!
6 Transaktionsgeschäft basierend auf Qualitätsresearch 10% Capital Increase 10% Capital Increase Convertible Capital Increase EUR 17m EUR 367m EUR 150m EUR 50m EUR 130m Co-Bookrunner Capital Increase Pre-Placement & Rights Issue Capital Increase Pre-Placement & Rights Issue Riverstone Energy Limited EUR 176m EUR 202m EUR 80m SEK 320m EUR 49m EUR 84m GBP 760m GBP 259m Joint Bookrunner Co-Lead Manager Lead Manager Dec 2013 Nov 2013 Nov 2013 Nov 2013 Re- Pre-Placement & Rights Issue Rights Issue 10% Capital Increase & Spin-f EUR 758m Co-Bookrunner EUR 101m EUR 126m EUR 223m EUR 74m EUR 578m Joint Lead Manager EUR 2.52bn market cap at listing date Co-Advisor/ Listing Agent EUR 191m Sep 2013 Re- Convertible 10% Capital Increase & 10% Capital Increase EUR 154m CHF 93m EUR 66m EUR 150m EUR 16m EUR 19m EUR 1.2bn EUR 109m Co-Lead Manager Apr 2013 Feb 2013 Jan 2013 Jan 2013 Note: s
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