article thumbnail

Oliver Wyman interview preparation: the inside story

Management Consulted

And, of course, their claim to fame, Financial Services , is broken down into even more practices including: Finance and Risk. Corporate and Finance and Advisory. Risk Management – assists CFOs and other finance executives on matters of finance and risk, global risk and trading, and compliance and governance.

article thumbnail

Consultant Ninja: The Curious Case of Equity Private, Part I.

Consultant Ninja

For the period of 2006-2008, I was somewhat entranced by the wizardry (and compensation) of my finance peers. One colleague, a Deutche Bank leveraged finance Associate, expressed interest in joining my consulting firm until he learned that it would entail a 70% pay cut, for example. The Curious Case of Equity Private, Part I.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Consultant Ninja: The Curious Case of Equity Private, Part II.

Consultant Ninja

Additionally, it seems that her stint at DealBreaker, finance snark-central, has come to an end. The second observation can only be seen by a closer analysis of her posts: Something has happened this summer; her writing volume, steady for 3 years, has dramatically slowed down. My questions arent meant to mock her, or to be snarky myself.

article thumbnail

Auto Lending Standards Plunge: New Car Loans Average 110% LTV; Used Car Loans 133% LTV with 55% Subprime! Repossessions Up Sharply

MishTalk

That is because banks and finance companies were willing to lend at lower rates and grant borrowers more time to repay. percent a year earlier, said Experian, which collects car title and financing information to compile its reports. Auto lending, like housing in 2006, appears to be a no-lose proposition. Lenders made 26.04

Finance 75
article thumbnail

The Right Way to Spend Your Innovation Budget

Harvard Business

People can be hired through the sharing economy; technology can be rented by the hour; finance can be sought for any prototype, and assets bought. As Xerox’s CEO Anne Mulcahy said in the Dean’s Innovative Leader Series at MIT in 2006: “In trying to rebound, we spent the vast majority of our time talking to customers.”

System 132
article thumbnail

Serving on Boards Helps Executives Get Promoted

Harvard Business

More than 25 years ago, William Sahlman wrote the HBR article “Why Sane People Shouldn’t Serve on Public Boards,” in which he compared serving on a board to driving without a seatbelt, that it was just too risky—to their time, reputations, and finances—for too little reward.

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 political crisis, in its third month, is rocking the country’s currency as reserves are stretched too thin to finance a record current-account deficit. billion in January, the lowest since 2006, from $20.4 It also moved the hryvnia’s official exchange rate, used for accounting purposes, to 8.7 As the U.S.

Banking 69