Macro (Rates and FX) - March The US-Iran war has already begun to ripple through Asian foreign exchange (FX) markets, where currencies trade against one another, and rates markets, which determine government bond yields and interest-rate expectations. The shock is being transmitted mainly through higher oil prices, a stronger US dollar, and a broader global risk-off move. Since the conflict has escalated, oil prices have surged as tensions around the Strait of Hormuz have int

Shifting Tides in Asia’s Debt Markets After a turbulent period marked by rising global interest rates and cautious sentiment, Asia’s debt...

Introduction In 2025, the private credit industry continues its robust expansion, emerging as a pivotal component of the global financial...

The Role of Private Banking The bank provides various forms of service to a diverse clientele. However, the bank has a department known...

The Role of Sales  The sales team communicates directly with hedge funds, mutual funds, and other financial  institutions to deliver...

BOJ's Rate Hikes and its Impact on Sales and Trading  Context The Bank of Japan (BOJ) recently raised its benchmark interest rate from...

What is Investment Banking Investment banking involves facilitating significant financial transactions, such as mergers, acquisitions,...

Introduction to Asset Management What are asset managers? Also known as the “buy-side” of capital markets, asset managers are firms,...

AIBC Global Research Team continues to provide unparalleled student development opportunities in 2024. Ms. Sudhindran joined Apollo in...

The Interview Series is a collection aimed at equipping emerging financial professionals with the skills to adopt to the ever-changing...

The Introductory Series is a practical collection aimed at providing a clear view of the foundational elements of finance. It consists of...

The Introductory Series is a practical collection aimed at providing a clear view of the foundational elements of finance. It consists of...

2022 marked a significant period in the world of cryptocurrency. After a meteoric rise in the years prior, the crypto industry found...

China has been a recurring topic across past AIBC articles — in 2019 to 2021, we wrote about M&A trends and activity in China, last year,...

A Recap: The Yield Curve Puzzle In our previous AIBC 2022 article "The Yield Curve Puzzle", we discussed the US yield curve inversion and...

Aimed at those interested in a summarised and broad overview of investment banking, this article briefly introduces what investment...

Aimed at those interested in a summarised and broad overview of the private banking industry, this article briefly introduces what...

Aimed at those interested in a summarised and broad overview of the Sales and Trading (S&T) industry, this article briefly introduces...

Aimed at those interested in a summarised and broad overview of the asset management industry, this article briefly introduces what asset...

By Glen Lee: In 2021, we saw a substantial rise in the number and volume of private equity (PE)-backed M&A deals. With private equity...

By Joshua Ong: With the increased frequency of economic, health and social issues showing up in the media, interest from investors and...

By Michelle Mengxi Tian: The US Treasury yield curve has long been scrutinised by market participants for its informational content. The...

By Glen Lee Few creations in the financial services industry have captured the imagination of the global investment industry, as have...

By Michelle Tian, Joshua Ong, and Glen Lee Born during the industrial revolution, private equity (PE) has emerged to become one of the...

By Joshua Ong: Aimed at those interested in a summarised and broad overview of the mergers and acquisitions division, the article...

By Michelle Tian: Aimed at those interested in a summarised and broad overview of the asset management industry, this article briefly...

By Glen (Geonwoo) Lee: Aimed at those interested in a summarised and broad overview of the sales and trading division, the article...

In the second part of the article, we will find out what is driving the rise of SPACs and whether its popularity is sustainable.

SPACs have garnered a lot of attention in 2020, and their hype appears to be continuing into 2021. But what exactly are SPACs?

In a written interview, Dean Goh, AIBC's Head of Research, speaks with Lynette Lim, a Capital Markets Associate at BlackRock. Dean Goh...

By Dean Goh Tesla is a hot, hot stock - its share price has surged by more than 700% from the 20th of December 2019 to the 18th of...

By Dean Goh Dean Goh Dean is a first year Philosophy and Economics undergraduate at the London School of Economics. He started writing...

A look at how identifying a company’s business model, economic moats and growth drivers decides its M&A deals .

Before jumping into an introduction to asset management, let's first get an intuition for what it’s all about...

The S&T (Sales and Trading) division of an investment bank consists of: the sales team that pitches sales ideas and opportunities to...

What is M&A? Mergers and Acquisitions (M&A) refer to the joining of companies and assets.

AIBC

AIBC 2020-2021

Over the past decade, countries within the Asia Pacific region have seen fundamental shifts in their population demographic profiles....

With China’s ascent as a global economic and political powerhouse, cross-border M&A activity involving Chinese firms has increasingly...

Introduction The outbreak of Coronavirus Disease 2019 (Covid-19) has disrupted society and the financial markets at a magnitude not seen...

Introduction The outbreak of Coronavirus Disease 2019 (Covid-19) has disrupted society and the financial markets at a magnitude not seen...

Bonds The three types of bonds most commonly issued are government, municipal, and corporate bonds. They are typically issued with a face...

The Asset Management industry is currently undergoing a period of rapid changes mainly driven by advancements in technology and shifts in...

Background on the Boeing 737 Max Within just a little over three years since its first flight on January 26, 2016, the Boeing 737 Max has...

Jian Wen is currently working in London as an investment banking analyst at JP Morgan. He graduated from LSE with a Masters of Science...

Dear Delegates, It has been a busy and nail-biting time in the financial markets this past March. As April begins, we look back at some...

Wenbin Chen is currently working in London as an investment banking analyst at Nomura. He graduated from UCL with a First Class Honours...

On 3rd January 2019, Bristol-Myers Squibb announced that it was buying its rival Celgene for US$74bn in a stock and cash deal in one of...

The past year proved to be a roller-coaster ride for M&A deal-making in Asia, especially China. While much-awaited reforms in the...