Credit Suisse First Boston first round, interview 2

(one on one)
Valuing companies?
Current cost of equity, dcf analysis + terminal value.
Why CSFB instead of UBS?
Strong European prescence as well as strength and long term experience in M&A from FB's US experience
About yourself
Ever so slightly aggressive, dedicated, hardworking, always put work first, happy to work long hours

Safeway - what would you do if you saw higher bid that Goldman was making by accident?
Couldn't use it.
But what about your client? They will lose the bidding!
I believe it would be unethical and maybe illegal, so it is not in the client's best interests

Why IB (computing background)?
Job satisfaction - closing deals that your clients only experience every now and then - really involved with something on a day to day basis that makes a difference to your clients.

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