2 Ergebnisse.

Why have investment banks played such a dominant role in the markets in recent years? By asking what investment banks contribute to economic performance, the authors provide a framework for understanding their historical evolution, economic power, and periodic bouts of conflict with thestate.

This book provides an economic rationale for the dominant role of investment banks in the capital markets, and uses it to explain both the historical evolution of the investment banking industry and also recent changes to its organization. It provides a fascinating insight into why investment banks exist and their prospects for the future.