Giddy's "Global Banking and Capital Markets"

The project is to write a group paper analyzing a major event or deal involving an international financial insitution. An example: the underwriting of a significant bond or share offering, the restructuring of a loan to a company or country, the negotiation of a merger or divestiture.

Why?

This project provides an opportunity to get some hands-on experience applying the principles learned in this course to a real financial institution. In the process, participants will get a chance to

• evaluate the business of the firm, and its strengths or weaknesses.
• conduct an in-depth study of a deal that the bank or FI has been involved in.
• examine the competitive context: who were competing players, and how did your institution stack up against them?
• evaluate how well the deal has survived, after the fact..

• This is a group project. Each group must have about five individuals in it.
• Each person in the group will pick one or more aspects of firm and its deal to analyze: for example, corporate strategy, range of businesses, geographical and product policies, and how the deal fits in with these.
• One person should study the financial institution itself
• One person should perform a comparative industry analysis, looking at other companies in the same financial services business.
• One or more people should research the deal
• At the end of the process, the group will write one report. In this report, the results will be presented as a whole rather than as five separate parts.

• The financial institution may be large or small, domestic or international, a commercial or investment bank or money manager.
• I'd choose one for which plenty of information is publically available.
• Examples: Chase; Fidelity; BNP; Morgan Stanley Dean Witter; AIG.
• Perhaps an interesting "story" can be your guide. You'll find stories daily the Financial Times, Wall Street Journal, Institutional Investor, among other places.

• A 5-10 page case study, plus appendices, plus references including websites.
• The appendices should include relevant backup info including relevant financials, industry tables if appropriate, a table showing the sequence of events if appropriate, and any key articles.
• The case should conclude with a pithy summary of any major insights gained or lessons learned from the study.

• Each group will receive one grade and every group member will receive the same grade.
• No attempt will be made to allow for intra-group differences in effort.

• You do.