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ECM vs. DCM - Specialties of IB?

www.wallstreetoasis.com/forum/investment-banking/ecm-vs-dcm-specialties-of-ib

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  • Equity Capital Markets exists to assist in the raising of capital for a company during an IPO, secondary offering, placing, rights issue etc

  • ECM is a lot of shareholder analysis, market commentary and equity pricing, there isn't that much modelling involved and they usually only contribute a few slides to a pitchbook - a "market update" section and then various considerations for capital raising.

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