Ipo Banks

Author: Philippe Espinasse
Publisher: Springer
ISBN: 1137412941
Size: 78.99 MB
Format: PDF
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Former banker Philippe Espinasse, offers advice for the interview, selection and appointment of lead banks, as well as for the execution of an IPO. The book includes case studies from around the world and explains negotiation techniques through which issuers can save considerable time, effort and costs, and also limit their potential liabilities.

Ipo

Author: Philippe Espinasse
Publisher: Hong Kong University Press
ISBN: 9888083198
Size: 53.20 MB
Format: PDF, ePub
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In this practical guide to initial public offerings, Philippe Espinasse explains the pros and cons of turning private businesses into listed companies. In straightforward, jargon-free language he details the strategies, procedures, and documentation for different forms of listings, and describes the process of marketing and pricing an international IPO. The guide includes many real-life case studies, sample documents, an extensive glossary of terms, and a review of listing requirements for major stock exchanges. It also discusses recent developments in global equity capital markets. This fully revised paperback edition includes additional case studies, information on recent regulatory changes, and new sections on Malaysia and business trusts in Singapore and Hong Kong.IPO: A Global Guide is applicable to any financial jurisdiction, including emerging markets in the Asia-Pacific region, the Middle East, and Eastern Europe. Intended for entrepreneurs, market practitioners and students, this guide will be essential reading for anyone planning to take a company to market. Philippe Espinasse was a senior investment banker for more than 19 years. He has worked on IPOs and capital markets transactions in 30 countries. "This book simplifies with clarity what has always been a complex subject and that is its great merit." — Jeremy Stoupas, partner, International Capital Markets, Allen & Overy "For anyone who has a stake in selling, buying or executing an IPO, this is essential reading." — Jasper Moiseiwitsch, South China Morning Post "A superb guide from a master poacher turned gamekeeper." — David Charters, author of Trust Me, I’m a Banker and The Ego Has Landed

The Ernst Young Guide To The Ipo Value Journey

Author: Ernst & Young
Publisher: Wiley
ISBN: 9780471352334
Size: 76.81 MB
Format: PDF, Mobi
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A practical guide to taking your company public--successfully This updated version of the Ernst & Young Guide to Taking Your Company Public looks at the IPO as a milestone in a larger process called The Value Journey?sm, the basis for the work of the Ernst & Young Center for Strategic Transactions??, a business advisory resource for CEOs. This practical book is designed to help you determine whether an IPO is the right move for your company and addresses the major leadership challenges that CEOs face. It describes how to plan your IPO journey and chart your business strategy, focusing on the steps you must take to succeed during and after the IPO event and fulfill the critical need to continuously innovate and renew your company.

Cornerstone Investors

Author: Philippe Espinasse
Publisher: Hong Kong University Press
ISBN: 9888455842
Size: 75.29 MB
Format: PDF, Docs
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In this groundbreaking guide, former investment banker Philippe Espinasse explains the process of gathering cornerstone investors in connection with IPOs and other equity offerings. Using his trademark simple and jargon-free language, he details the targeting strategies, documentation, marketing, and allocation of shares and other securities to these reference shareholders, and analyses why and how they make or break today’s new listings across Asia’s key markets. This essential guide—and the first of its kind—contains key information on the legal framework for cornerstone investors in Hong Kong, Malaysia, and Singapore, and offers practical advice on how best to structure and conduct a cornerstone investor offering. It also discusses some of the more controversial issues associated with the practice of cornerstone investment and includes many real-life examples of cornerstone deals, sample documents, cornerstone investor profiles, an investor target list, and a comprehensive glossary. ‘There is no better person to shed light on the opaque world of cornerstone investing in Asian IPOs. Philippe Espinasse writes clearly, substantively, and expertly.’ —Jasper Moiseiwitsch, Asia companies and markets news editor, Financial Times ‘As engaging as it is informative. Espinasse has cut through legalese and jargon to create a pragmatic overview of this widely misunderstood, and distinctly Asian, investment banking concept. Packed with recent examples, this book doesn’t just teach you about cornerstones; it also provides an insider’s take of the region’s capital markets hubs.’ —Danielle Myles, capital markets editor, The Banker ‘Cornerstone investors have taken centre stage in Hong Kong’s IPO market. This book is needed now more than ever.’ —Matthew Thomas, Asia bureau chief, Euromoney Institutional Investor

Hard Underwriting

Author: Philippe Espinasse
Publisher:
ISBN: 9789881427205
Size: 45.45 MB
Format: PDF, ePub, Mobi
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Special Administrative Region of Hong Kong, September 2017. Year of the Rooster. Twenty years after the handover of the British Crown colony to communist China. The process to designate the territory's leader has been suspended, leading to renewed calls for electoral reform. A high-flying investment banker is found at dawn on his doorstep, brutally murdered, his body almost cut in half. More financiers are soon killed in spectacular fashion, triggering a game of cat and mouse between the police and an elusive Japanese assassin, known within Tokyo's underworld as Shiryo, the spirit of death. The investigation takes Chief Inspector Ethan Blake and Inspector Suki Lam from the boardrooms of multinational banks to seedy industrial warehouses in Kwun Tong and Aberdeen, as they desperately try to find a motive for the grisly series of murders. In his debut crime novel, former investment banker Philippe Espinasse takes a ride on the dark side of Asia's fast-changing financial capital. Hong Kong becomes a playground, where wealthy expatriates rub shoulders with prostitutes and tycoons, while a younger generation aspires to democratic ideals.

Ipos And Equity Offerings

Author: Ross Geddes
Publisher: Elsevier
ISBN: 9780080478784
Size: 63.38 MB
Format: PDF, Mobi
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An initial public offering (IPO) is one of the most significant events in corporate life. It follows months, even years of preparation. During the boom years of the late 1990s bull market, IPOs of growth companies captured the imagination and pocketbooks of investors like never before. This book goes behind the scenes to examine the process of an offering from the decision to go public to the procedures of a subsequent equity offering. The book is written from the perspective of an experienced investment banker describing the hows and whys of IPOs and subsequent equity issues. Each aspect of an IPO is illustrated with plenty of international examples pitched alongside relevant academic research to offer a combination of theoretical rigour and practical application. Topics covered are: - the decision to go public - legal and regulatory aspects of an offering; marketing and research - valuation and pricing - allocations of shares to investors - examination of fees and commissions * Global perpective: UK, European and US practices, regulations and examples, and case studies * First hand experience written by an IPO trader with academic rigour * Includes the changes in the market that resulted from 1998-2000 equity boom

Vault Career Guide To Investment Banking

Author: Tom Lott
Publisher: Infobase Learning
ISBN: 1581319061
Size: 77.74 MB
Format: PDF, ePub, Docs
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Provides information on investment banking, covering the basics of financial markets, interviews, career paths, and job responsibilities.

Smarter Pricing

Author: Tony. Cram
Publisher: Pearson UK
ISBN: 0273741322
Size: 42.66 MB
Format: PDF, ePub, Docs
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From airline tickets to bottled water, health clubs to student textbooks; price can have a profound impact in the market. Pricing decisions, right or wrong, can change buying behaviours, drive the profitability of businesses and even transform competitive landscapes. For the price of a flexible economy ticket to Warsaw with British Airways, a traveller could buy 8 return flights with Air Polonia. How do companies like British Airways fight back against the value players? With profitability and competitive stakes high, pricing decisions are too important to leave to rules of thumb. Managers everywhere are devoting more attention to the art and science of pricing. Smarter Pricing helps managers to make more intelligent pricing decisions, implement pricing strategies and structures more effectively in the market, and capture more value for their business. Using real-world international examples from a wide range of industries, Smarter Pricing explores: low price propositions, premium pricing, price sensitivity, incentivising customers to make profitable purchases, the rise of discounters and how to face the threats, the creative communication of pricing and bundling, promotions and and the benefits of non-comparability. "Downward pressure on prices has rarely been stronger. A slogging global economy has had an impact, but so have fundamental changes in the marketplace including stronger buyers, more transparent markets, and the emergence of low-cost manufacturing powerhouses such as China........the need to get price management right could scarcely be more urgent. "THE POWER OF PRICING-McKinsey Quarterly, Jan 05.

The End Of Ethics And A Way Back

Author: Theodore Roosevelt Malloch
Publisher: John Wiley & Sons
ISBN: 1118550277
Size: 75.45 MB
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Bestselling author and professor Ted Malloch calls for real financial reform to restore confidence and fairness to a broken system From Ponzi schemes to the credit crisis to the real estate bubble, the financial industry seems to have lost its way on the road to riches. As private greed continues to undermine the public good, one might wonder what ever happened to business ethics. And how can we reform the global financial system to benefit everyone, rather than just the very lucky few? In The End of Ethics and the Way Back, the bestselling author of Doing Virtuous Business teams up with attorney and Yale University Postdoctoral Fellow, Jordan Mamorsky to examine the most recent failures of business virtue, prudence, and governance—from Bernie Madoff to Jon Corzine and MF Global—before offering a set of structural and holistic solutions for our current ethical crisis in global finance. Features compelling case studies that reveal the saturation of economic vice in global finance Suggests structural reforms to the global financial system that would increase confidence among consumers and encourage ethical behavior among finance professionals Written by Ted Malloch, author of the bestseller Doing Virtuous Business with attorney Jordan Mamorsky Ideal for financial regulators, business students and academics, and professionals in the finance industry

Investment Banking

Author: Giuliano Iannotta
Publisher: Springer Science & Business Media
ISBN: 9783540937654
Size: 22.14 MB
Format: PDF, Kindle
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From a historical point of view, the main activity of investment banks is what today we call security underwriting. Investment banks buy securities, such as bonds and stocks, from an issuer and then sell them to the ?nal investors. In the eighteenth century, the main securities were bonds issued by governments. The way these bonds were priced and placed is extraordinarily similar to the system that inve- ment banks still use nowadays. When a government wanted to issue new bonds, it negotiated with a few prominent “middlemen” (today we would call them investment bankers). The middlemen agreed to take a fraction of the bonds: they accepted to do so only after having canvassed a list of people they could rely upon. The people on the list were the ?nal investors. The middlemen negotiated with the government even after the issuance. Indeed, in those days governments often changed unilaterally the bond conditions and being on the list of an important middleman could make the difference. On the other hand, middlemen with larger lists were considered to be in a better bargaining position. This game was repeated over time, and hence, reputation mattered. For the middlemen, being trusted by both the investors on the list and by the issuing governments was crucial.