Word: bankerly
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...training them so that they’ll be able to stand on their own and train other people,” she said. Pasricha co-founded Global Youth HELP (Health, Education, and Leadership Program) with her sister, Sarina Pasricha ’04. Now, as an investment banker at UBS, she continues to run the program. Meghan plans to attend business school, and hopes to create and run her own socially responsible company. Like those before her, Rebecca P. Buckwalter-Poza ’10, a 2008 winner, is more interested in public policy. She worked...
...returned to Chicago to run a nonprofit for investment banker and Obama backer John W. Rogers Jr.--his mentor since their years together at the Lab School, where Duncan says he followed Rogers around "like a puppy dog." Duncan proceeded to co-found a small school with his sister. He then ran the magnet program for the Chicago board of education and was the system's deputy chief of staff, before being tapped to serve as its head. His 7 years as superintendent produced mixed results. While he oversaw modest gains in student achievement, Duncan's tenure was most notable...
...tepid performance stems in part from the quality of companies coming to market. Several listings have come from the cash-strapped real estate and infrastructure sectors, and were perceived as overpriced. Says a Mumbai investment banker: "The market has run ahead of itself, and fundamentals aren't supporting present valuations...
...Securities and Exchange Board of India has approved IPOs for 13 companies while another 22 have filed for approval, according to Prime Database. But that flow may slow as market sentiment sours. "Investors have been disappointed by the after-market performance of some big names," says the Mumbai investment banker, who asked not to be identified because his firm is involved in some of the issues. "It's not as easy to get a listing done now, it is taking a lot more marketing and investors want to be absolutely sure of the quality of the company as opposed...
...from foreign institutional investors that are keen to diversify into a fast-growing economy that still has relatively few big listed companies. With a healthy GDP growth rate of 6.7% in the last fiscal year, India remains an attractive destination for investment capital that was sidelined by the recession. Bankers are hoping the market will get a boost later this year from the anticipated IPOs of companies such as cable-TV service provider Digital Entertainment Network, which has exposure to increasingly wealthy Indian consumers. "We're waiting for consumption-oriented companies to list," says the Mumbai banker, "because they will...