Earlier Series
Banking Walks
So you want to work (and succeed) in banking?
Hood’s lunchtime explainers — the businesses that run a global bank, one hour-long walk at a time. 12 posts
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Custody Banking
September 26, 2022
Custody banking is a service that securely holds and manages assets—like stocks or bonds—on behalf of clients, making sure they’re kept safe and properly accounted for.
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Fund Accounting
January 2, 2023
Fund accounting is the art of calculating and recalculating all the numbers for a fund… basically providing evidence daily for how all the puzzle pieces fit, end-to-end.
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Hedge Funds and Prime Brokerage
September 11, 2023
Hedge funds = snowflakey investment machines. Prime brokers? They’re backstage—clearing trades, safekeeping assets, lending leverage, providing research, intros, and crisis support.
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Securities Trade Life Cycle: Front, Middle and Back Office
March 3, 2023
Let’s get into the step-by-step process where a buy or sell order is placed, completed, confirmed, and the stocks and money are safely exchanged between the buyer and seller.
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Private Equity in an Hour
April 22, 2023
Learn about how investors pool their money to buy and improve private companies (not traded on the stock market), aiming to sell them later for a profit.
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OTC Derivatives in an Hour
November 13, 2023
OTC derivatives: custom contracts for hedging risk. Think private bets with rules only two parties know. Super complex. Super vital. Always a little wild.
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KYC in an Hour
November 6, 2023
Banks need to make you prove you’re not a villain—over and over—with docs, forms, and all kinds of fact checking. It should be a goldmine, but feels like a grind.
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How to Understand an Earnings Report in an Hour
May 27, 2023
Understanding earnings reports is important because they help you see how a company is really performing so you can make smarter decisions about investing or doing business with it.
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Mortgage-Backed Securities
April 4, 2023
Getting a better understanding of mortgage-backed securities means that you’ll know how safe and/or risky these investments are.
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Securities Lending in an Hour
October 16, 2023
Big funds loan out their stocks and bonds for extra income. Borrowers use them to settle trades, short the market, or make bets. Everyone wins.
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Wealth Management in an Hour
August 14, 2023
Wealth management is about listening, life planning, and building your ideal mix of investments and services. Useful unless you’re rich enough to have your own family office.
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Commercial Lending in an Hour
November 20, 2023
Commercial lending is all about relationships. You can automate the grind, but don’t forget: Bob the Banker is still your best asset (for now).