Investment Banking Explained: An Insider's Guide to the Industry
A Comprehensive Ground-Floor View of Investment BankingEverything from key terms to advanced strategiesInvestment Banking Explainedprovides a clear overview of this complex industry. It covers the history, key terms, structures, and strategies of investment banking and breaks the business down into its respective specialties--from traders, brokers, and analysts to relationship managers, hedgers, and retirement planners--illustrating how each contributes to the industry as a whole.Written by a high-level investment-banking veteran, this comprehensive guide examines the operations of the world's most successful firms and their shifting approach to risk. It then travels to capital markets around the world to explain how investment banks are forging their international strategies.Investment Banking Explainedis the first step to gaining a clear and complete understanding of one of the most complicated, rapidly expanding, and critically important industries in the world today.