First Step to Final Offer (07/02/24)

NEW RECRUITU EVENT

Class of 2027 "Word on the Street: Insights from IB Analysts" with a managing partner of a boutique investment bank (and former managing director at Lazard, TD Cowen and BTIG).

Time: Monday (7/8) at 7pm

Panelists will be analysts at Goldman, UBS, TD Cowen and ScotiaBank talking about their experiences at their various banks

CAREER OPPORTUNITIES

Class of 2027 Jobs & Events

• RBC Capital Markets U.S. Pathways Diversity Award Program Link Here

• RBC Capital Markets U.S. Women’s Advisory Program Link Here

• RBC Capital Markets LGBTQ+ Sophomore Insights Program Link Here

• Bain & Company Event Series Link Here

• Deloitte Events  Link Here 

• Goldman Sachs Emerging Leaders Series - Link Here

• Morgan Stanley Summer 2025 Applications - Link Here

Class of 2026

Summer 2025 Applications

• BCG Associate Internship - Link Here

• Bain & Company Associate Consultant Intern  - Link Here

• Santander Summer 2025 Analyst Role - Link Here

• Morgan Stanley 2025 Investment Management Summer Analyst - Fixed Income - Link Here

• Nomura Summer 2025 Analyst Roles - Link Here

• Citadel Securities Trading Fundamental Analyst - Link Here

• Loop Capital Summer 2025 Analyst Postions - Link Here 

• Stifel Financial Corp Summer 2025 Analyst Roles - Link Here

• Citi Summer Summer 2025 Analyst Roles - Link Here

• StepStone Group Summer 2025 PE Analyst - Link Here

• Guggenheim Summer 2025 Applications - Link Here

• Oppenheimer Summer 2025 Applications - Link Here

• Abdiel Capital Summer 2025 Application  - Link Here 

• Solomon Partners Summer 2025 Applications - Link Here

• Long Ridge Summer 2025 Application - Link Here

• D.E. Shaw Summer 2025 Application - Link Here

• Bank of America Summer 2025 Applications - Link Here

• Point72 Summer 2025 Application - Link Here

• JMI Equity Summer 2025 Application  - Link Here

• J.P. Morgan Summer 2025 Application- Link Here

MARKET NEWS

India set to attract billions with JPMorgan bond inclusion 

India is poised to attract billions of dollars in inflows as JPMorgan Chase & Co. includes the nation's government bonds in its emerging markets index. This inclusion is expected to open up India's $1.3 trillion bond market to a broader range of global investors. Since the announcement, nearly $11 billion has already flowed into index-eligible bonds. The move is anticipated to enhance liquidity and lower borrowing costs for the Indian government, potentially drawing up to $25 billion in foreign investments. (Straits Times) 

Shell pauses construction of Dutch biofuels facility 

Royal Dutch Shell has announced a pause in the construction of its large biofuels facility in Rotterdam, Netherlands. The facility, which was expected to start production in 2024, aimed to produce 820,000 tonnes per year of sustainable aviation fuel and renewable diesel from waste products. This project is part of Shell’s broader strategy to reduce traditional fuel production by 55% by 2030 and shift towards low-carbon energy solutions. The halt in construction is due to a reassessment of the project's financial viability amid rising costs and market uncertainties. Shell remains committed to its long-term goals of sustainability and carbon reduction. (Reuters) 

NFL hit with $4.7 billion verdict in 'Sunday Ticket' antitrust trial 

A federal jury has ordered the NFL to pay over $4.7 billion in damages for overcharging subscribers of its "Sunday Ticket" package. The lawsuit claimed the NFL conspired to inflate prices through exclusive agreements with broadcast partners, affecting millions of residential and commercial subscribers. The verdict includes $4.6 billion for residential and $96 million for commercial subscribers. The NFL plans to contest the decision, labeling the claims as baseless. A judge could potentially triple the damages under U.S. antitrust laws. (Reuters) 

M&A Deal Overview

 Boeing to Acquire Spirit Aero for $4.7 Billion 

WASHINGTON, June 30 (Reuters) – Boeing has agreed to acquire Spirit AeroSystems for $4.7 billion in an all-stock deal, aiming to address ongoing safety and quality issues. The acquisition includes a $37.25 per share price for Spirit Aero. This deal, expected to be finalized soon, will also involve the sale of some Spirit assets to Airbus. Boeing anticipates that this strategic move will help stabilize its production line and resolve safety concerns that have plagued the company. (Reuters) 

TECHNICAL QUESTION OF THE WEEK:

ADDITIONAL RESOURCES

• Class of 2027 Application Tracker

LAST WEEK TECHNICAL QUESTION OF THE WEEK ANWSER: