Do you do DCF in ECM?

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Along those lines, wtf does lev fin ever do? We do all their modeling

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No - no modeling in ECM

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but there is in DCM?

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Depends on the bank. High grade DCM doesn't model ever. Lev fin at different banks model at times - often not

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None of our product groups model with the exception of M&A running the occasional acc dil

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^ I'm sure the M&A group would disagree with the above...

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