Magic Markets Ep22: Banks – Boom or Bust?

In Episode 22 of the popular Magic Markets podcast, hosts The Finance Ghost and Mohammed Nalla (Moe-Knows) look back fondly on their days in banking and investment banking in particular. After a year of volatile markets with high trading volumes, investment banks are posting terrific financial results. Well, those who have avoided crises like Greensill and Archegos at least. Banking …

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A startup strategy: rolling with a battleship

We are on the cusp of releasing a new startups-focused podcast series at The Finance Ghost, in which we have discussions with founders, operators and investors who are willing to share deep insights and interesting stories with us. The podcast will be called The Startup Junto and in Episode 1 we interviewed the CEO and CFO of iconic homegrown startup …

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Banking: a sunset industry?

This may sound like I’m about to wax lyrical about Bitcoin. Trust me, that’s the last thing you’ll ever read about from me. I write about real assets i.e. the kind that generate cash flows. There was a time when the smartest kids at university fought over jobs at banks. Investment banking careers, like corporate advisory or proprietary trading, were …

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City Lodge forces a shareholder check-in

City Lodge has had a shocking year, which came to a head this week amid a flurry of market activity and shareholder shock. Lockdown has crushed the business. Forced to close for months on end, the hotel industry is reeling. Despite being a respected, JSE-listed company, City Lodge is on its knees. the_ad id=”3223″ It’s a financial catastrophe Everyone knew …

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