True or False

1. Goldman Sachs makes all of its revenue through its sales and trading division.
   True False
2. Dresdner Kleinwort has offices in London, Frankfurt, New York, and Tokyo.
   True False
3. Boutique investment banks usually only provide advisory services.
   True False
4. Goldman Sachs leads the M&A league tables because of its location.
   True False
5. League Tables have no industry standard and are often manipulated by bankers.
   True False
6. UBS is #1 in 2007 first quarter Asia ex-Japan M&A rankings.
   True False
7. Students gravitate towards investment banking to enjoy the arts with frequency.
   True False
8. Only European-based banks operate in Eastern Europe.
   True False
9. Many investment banks hire the bulk of their analysts from Ivy League schools.
   True False
10. With 110 M&A deals announced in 2007, Morgan Stanley is #3 for Global M&A.
    True False

Multiple Choice

1. .__________ is a leading U.S. investment bank with offices on 1585 Broadway in NYC.
   1. ABN Amro
   2. Morgan Stanley
   3. Nomura
   4. Merrill Lynch
2. Which of the following is not true?
   1. Lazard is a boutique known for its "rainmaker" Investment Bankers.
   2. Investment Banks act as intermediaries in trading for clients.
   3. Investment Banking involves helping customers raise funds in the capital markets.
   4. Deutsche Bank has never done an IPO in the United States.
3. On a debt deal, investment banks collect ___% of the issuing price for underwriting risk.
   1. .002
   2. 1-2
   3. 30
   4. 67
4. An investment banking analyst's usual day consists of:
   1. Getting coffee
   2. Speaking with clients
   3. Traveling
   4. Modeling potential deals and preparing presentation materials.
5. Investment Banks in the United States are mainly located in:
   1. Utah
   2. New York City
   3. Tallahassee
   4. Tijuana
6. Investment banks:
   1. Never work together, and always take on as much risk as possible
   2. Are only located in New York City
   3. Only hire graduates of Harvard Business School
   4. Are a great place to drink deep from the fountains of finance and begin a career
7. Most analysts work for ___ years before being promoted to associate or leaving the bank.
   1. 1/3
   2. 2
   3. 7
   4. 8
8. Which school is not a "target school" for investment banks?
   1. UVSC
   2. University of Pennsylvania
   3. Harvard
   4. Stanford
9. Which bank is known for its "lean culture"?
   1. UBS
   2. ABN Amro
   3. Bear Stearns & Co Inc.
   4. GCA
10. Which investment bank is a global powerhouse, dominating Global IPO's & M&A?
    1. Thoma Weisel Partners
    2. Goldman Sachs
    3. Evercore Partners
    4. Tricorn Partners