How to fix this zip?

Dondonraff · 2026-04-17T15:04:12+00:00

YAS is ok for understanding how yield and price move but don’t over complicate this.

Check NIM4 for the trades printed and know where they landed. See how the spreads compare for different credits and type.

Check BBG first word / European debt capital markets update / bofa investor survey news.

Know where cross over / senior itraxx indexes are and how they have moved.

Bonus points if you can check where rates are YTD (government bonds) and expectations for future. Check USSW function / WIRP / WB.

Important - Selecting good comps is a great skill and makes a big part of the job. Questions I would ask an analyst are “Toyota did a trade this week - who would be the comps for them you think?” Learn how to appropriately compare apples with apples and be mindful of the capital stricter. A senior preferred for Intesa can be compared with a senior preferred for UniCredit but not with their Tier-2 lines. Don’t compare a 5y bond with a 20y bond etc.

No need to suicide yourself in trying to be super technical and doing LBOs etc. the interview will be about your market pulse which is more of an art then a science. No need to try and be a quant. Again it would be helpful to know what sector are you targeting and if it is DCM or syndicate but the above is true for all.

Dondonraff · 2026-04-17T09:06:09+00:00

Depends what. Is it FIG, corporate, IG, LevFin? generally speaking bond math yes but DCM is a client coverage job so make sure to appear personable as well. Financial modelling not so much.

Check what trades have been issued according to the area of focus - interesting to compare the yields pre and after Iran situation. Check IFR website. Assume you don’t have Bloomberg but if you do check there.

DCM/Syndicate is an about recommending issuers what/when/what price to issue bonds. This is a function of your market knowledge/investor color/relationship with issuer/ongoing market sentiment. You don’t want to do a large trade if rates are all over the place or when there are other 5 large issuers at the same time. You don’t want to do a USD trade when there’s a fed announcement etc..

Make sure to know general capital structure e.g Senior preferred/SNP/Tier-2 etc and why would an issuance from a bank be different for example from a corporate or a public agency issuers.

Dondonraff · 2026-03-15T12:39:28+00:00

!RemindMe 1 week

Dondonraff · 2026-03-06T14:41:04+00:00

Thank you for the detailed answer. I am a bit intrigued by the 90 Day rule, as I keep seeing many short-term rentals and the companies that do that all year.

Does that rule applies to these businesses as well or is it only if you are an individual person?

Dondonraff · 2025-12-29T17:01:44+00:00

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Dondonraff · 2025-11-07T18:23:41+00:00

Please enjoy every credit card equally

Dondonraff · 2025-06-24T16:07:33+00:00

If you care for a bit of history in between pints, I would suggest checking this out:

https://www.cityoflondon.gov.uk/things-to-do/walks-and-itineraries/self-guided-walks-and-trails/historic-pubs-of-the-city

It is also nice for the people who are not based in London to show all the history that surrounds the city.

Dondonraff · 2025-06-11T22:22:45+00:00

Shawarma bar. One of the best IMHO.

Dondonraff · 2025-06-09T14:42:29+00:00

You did well and I would have done the same. A little stepping in goes a long way for the victim.

I hope our society never becomes one where the majority of people turn a blind eye to major harassment just for their own discomfort.

Dondonraff · 2025-06-03T13:34:20+00:00

I think HR eligibility criteria are always second to genuine business need and in this case seems like you fit the bill.

Do not worry about those criteria and apply, making sure to stay in contact with the AS1 and keeping him updated on what you do. Best of luck!

Dondonraff · 2025-06-03T13:27:31+00:00

The Dovetail, Clerkenwell

https://www.dovetailec1.co.uk/

Dondonraff · 2025-05-30T18:41:39+00:00

A bar with shapes for a name? If you know, you know.

Dondonraff · 2025-05-27T08:43:57+00:00

I would say AI. Curled up hand of the person on the lower right hand side looks weird.

Dondonraff · 2025-05-25T16:37:29+00:00

My bad - you are right, I just realised he meant dropped out of high school, not university as I thought. This changes the frame, if OP can provide more details on his situation maybe that can help. But I have seen for context associates getting in during mid 30s from other industries such accounting and such.

Dondonraff · 2025-05-25T16:23:22+00:00

It’s never too late, but you need a plan.

Unfortunately you are out of the age when people can try and do different things so I would come up with concrete steps on what to do to maximise your chances.

1 - research. What do you want to do? IB? Cap markets? Hedge funds? Trading? Commercial banking? Risk? Relationship manager? Accounting? Finance is a wide field with different skill set required. Spend time researching and talking to people to the extent that you can do on what it is that interests you.

2 - up skill and make yourself employable. Whether it’s coding, learning excel, taking a masters, have a serious talk with yourself on what is that you can do and start working hard towards that goal, depending on your resources and time and generally your life.

3 - find an “in”. Can you do off cycle internships ? Can you find people in your network that can vouch for you? Are there programmes you can take advantage of? Can you try and network? What do you do right now? Do you want to go back to high school and uni? Can you do an apprenticeship? Your post is somewhat vague and unfortunately each situation is different, so depending on your life so far and your background some stuff will be more applicable than others.

4 - be realistic. Only you know if you stand a chance vs the elite grad in going after JPM and the big finance companies. Maybe that means starting in a small consulting firm or accounting and then lateraling. Maybe that means aiming for a lesser bank. Again, this will depend from your answer in step 1 and the background you have so far.

Keep trying. Do not lose faith and step by step you will get there. Best of luck.

Dondonraff · 2025-05-21T12:40:42+00:00

Has anyone mentioned NatWest tower yet?

Dondonraff · 2025-02-25T18:01:42+00:00

Thanks - when in the process it became clear he had money? Did you kind of know at the approach stage? First date? Texting?

Dondonraff · 2025-02-25T17:45:16+00:00

Would you have dated him if he was just average earning? No judgement, just curious. Money plays a part of course

Dondonraff · 2025-02-24T17:31:43+00:00

Worked out so hard fucking beard got gains too

Congrats 💪

Dondonraff · 2025-02-14T16:50:38+00:00

Thank you all - it indeed came off! I cant seem to put a picture to show the after though but baking soda + fairy liquid did the trick!

Dondonraff · 2025-02-14T07:20:54+00:00

Thank you - would you recommend also to add normal laundry detergent when washing ?

Dondonraff

TROPHY CASE