The Business of Investment Banking: A Comprehensive Overview by
Call Number: HG4534.L528 2006 (Library West)
Publication Date: 2006
In this new edition, Dr. Liaw offers a substantial revision of his bestselling text, responding to requests from educators and professionals alike.Incorporating the most recent developments in the industry, the author describes: financial holding companies, full-service investment banks, boutique investment banks, and their lines of businesses; strategies for risk management, such as market risk, credit risk, operating risk, reputation risk, legal risk, and funding risk; career opportunities in investment banking, career paths, recruitment, and the application and interview process; key investment banking operations, including venture capital and buyouts, M&A services, equity underwriting, debt underwriting, securitization, financial engineering, investment management, and securities services; fundamentals for successful trading, arbitrage strategies, and technical trading techniques; regulatory issues and strategies relating to the Sarbanes-Oxley Act of 2002 and analyst conflict of interest; and ethics and professionalism.In addition, Dr.Liaw discusses investment banking opportunities in China, Japan, the EMU, and emerging markets, as well as the special challenges that come with globalization. A staple of industry training programs and a valued reference among banking professionals in its first edition, "The Business of Investment Banking, Second Edition" adds a wealth of new information to an already indispensable practical resource.