The Wall Street Skinny

by Kristen and Jen

This podcast is a smart and entertaining peek into the world of investment banking, sales & trading, private equity, hedge funds and more. Hosted by two lifelong friends with a passion for teaching, and over two decades of experience on Wall Street. Discover the basics, ranging from “what is investment banking?” to “what moves markets?". Learn about different roles and exit opportunities, and get tips on how to land the job. Our mission is to make the world of Wall Street accessible to everyone, while keeping things relatable and fun.

Whether your goal is to work on Wall Street, or if you have NO idea what any of those things are and just want to learn some basics, this podcast is for you.

Episodes

9. The Lehman Trading Floor: An Inside Look at the 2008 Financial Crisis Epicenter

53m · Published 20 May 01:00

We share our unfiltered personal stories from the front lines of the 2008 financial crisis. Maybe you've read the headlines: banks going under (SVB, First Republic), UBS acquiring Credit Suisse, offers being rescinded, and worry about what will happen if you’re starting your career during a financial crisis. They say past is prologue so we share what it was like being on the trading floor of Lehman Brothers when it collapsed, or working firsthand on the financial products that caused a global economic meltdown. We also reflect on lessons learned for navigating your career path during times of uncertainty. Our most raw, personal episode yet!

8. The 2023 Banking Crisis: What Led to SVB’s Downfall

41m · Published 13 May 11:00

It's been a pretty wild spring in 2023. Since March of this year, we've seen Silicon Valley Bank (SVB) collapse, Signature Bank shut down, Credit Suisse get acquired by UBS, and --- most recently --- First Republic get acquired by JPMorgan. But the turmoil in the banking sector is likely not over just yet. In this episode, we explore the economic circumstances driving current events and explain the underlying mechanics behind the headlines.

7. How to Ace the Investment Banking Interview

50m · Published 06 May 02:00

We tackle our most-asked listener question: how do I ace the interview for a job in finance? Listen to learn key technical skills you'll need in your toolkit and pick up tips for mastering the conversation. We touch on do's (and don'ts!) for interviews in IBD and Sales & Trading, and cover variations on the theme for hedge funds, private equity, and other opportunities.

6. Sales and Trading 101: Fixed Income Edition

58m · Published 29 Apr 03:00

In this episode we tackle the Sales & Trading division of an Investment Bank, the high profile, fast-paced, markets-based, client-facing arm of a firm. This is where billions and billions of dollars change hands every single day, and fortunes can be made or lost before most people have their morning coffee. We follow the journey of an investment idea from conception to execution, explain the roles of salespeople and traders, and discuss compensation metrics and exit opportunities. If you listen closely, you might just learn how to retire before you’re 40.....

5. Debt Capital Markets 101: Where Do Bonds Come From?

46m · Published 22 Apr 10:00

In this episode, we delve into one of life's greatest mysteries: where do bonds come from?? We take a brief detour through the capital markets group and walk through an example of corporate bond origination. We also discuss the lifestyle and exit opportunities associated with the Capital Markets division of an investment bank

4. Investment Banking 101: IBD Deep Dive

41m · Published 17 Apr 00:00

In this episode, we explore the investment banking division (IBD) through the lens of one specific merger, discuss different groups within the division, and share insights for those interested in a career in IBD.

This episode is dedicated in loving memory of Jennifer Moe, a former colleague and beloved friend.

3. Secrets for Success in Investment Banking and Sales & Trading

39m · Published 08 Apr 10:00

We discuss talents and character traits that may set you up for success on Wall Street, explain the two main divisions of the investment bank in greater detail, and describe a day in the life of a first year analyst in both divisions.

2. What is an Investment Bank?

35m · Published 04 Apr 20:00

In this episode, we answer the question: "What is an Investment Bank?". We also explore the reasons why someone might want to pursue a career on Wall Street, and share some of our personal stories that led us into finance.

1. Welcome to The Wall Street Skinny: Two Ex-Bankers on a Mission to Demystify the Finance Industry

16m · Published 03 Apr 00:00

Welcome to The Wall Street Skinny! Our first episode is a brief introduction to explain our mission, share a little bit about ourselves, and invite you along on our quest to make the world of Wall Street accessible to EVERYONE.

The Wall Street Skinny has 69 episodes in total of non- explicit content. Total playtime is 62:45:06. The language of the podcast is English. This podcast has been added on December 24th 2023. It might contain more episodes than the ones shown here. It was last updated on May 18th, 2024 14:10.