Download Investment Banking: Addressing the Management Issues by Steven I. Davis (auth.) PDF

By Steven I. Davis (auth.)

Show description

Read Online or Download Investment Banking: Addressing the Management Issues PDF

Similar banks & banking books

Derivative Instruments: A Guide to Theory and Practice (Quantitative Finance)

The authors pay attention to the practicalities of every classification of spinoff, in order that readers can observe the suggestions in perform. Product descriptions are supported by way of special spreadsheet versions, illustrating the thoughts hired, a few that are on hand at the accompanying CD-ROM. This publication is perfect studying for derivatives investors, salespersons, monetary engineers, chance managers, and different pros concerned to any quantity within the software and research of OTC derivatives.

Asset Pricing

Actual property finance is a fast-developing sector the place most sensible caliber examine is in nice call for. within the US, the true property marketplace is worthy approximately US$4 trillion, and the REITs industry approximately US$200 billion; tens of millions of actual property execs are operating in this quarter. The marketplace in a foreign country will be significantly better, specially in Asia.

Guaranteed to Fail: Fannie Mae, Freddie Mac, and the Debacle of Mortgage Finance

The monetary cave in of Fannie Mae and Freddie Mac in 2008 resulted in some of the most sweeping govt interventions in deepest monetary markets in background. The bailout has already rate American taxpayers as regards to $150 billion, and considerably extra may be wanted. The U. S. economy--and through extension, the worldwide monetary system--has much using on Fannie and Freddie.

Liquidity Management: A Funding Risk Handbook

Powerful administration of liquidity danger in the changingregulatory framework Liquidity administration applies present threat managementtheory, concepts, and strategies to liquidity probability regulate andmanagement to aid corporations arrange in case of destiny economiccrisis and altering regulatory framework. in accordance with extensiveresearch performed on banks' datasets, this publication addresses thepractical demanding situations and demanding matters that often gounmentioned, and discusses the hot influence of sovereign crises onbanks' liquidity methods and methods.

Extra resources for Investment Banking: Addressing the Management Issues

Example text

Its head of investment banking, Nicholas Moore, describes a ‘loose/tight’ culture which works admirably in the real world as the bank extends its global reach in its specialty businesses: “Culture is at the heart of our business model. It’s a way of doing business. Macquarie is a great platform: a good structure, the best people, good pay, etc. But it’s just a platform. You need to offer the opportunity for people to do something with it. We call it ‘loose/tight’. It’s tight when we risk the bank’s money, with central controls.

Whether you succeed here or not depends on knowing how to succeed in the jungle. ”21 48 Investment Banking Thus the headlines of the financial press are replete with the news of teams, rather than individuals, leaving one firm for another. And if a key professional leaves to join another firm, chances are that his first call on arriving at his new desk is to his former colleagues to suggest that they join him in his new career. In this swirl of movement between firms, another rule is evident: the hierarchy of quality is known to all.

It is a magnet for highly ambitious, intense individuals with a high degree of self-confidence and commitment to achieve the best both for themselves and their firms. Establishing a culture which channels their efforts into a firm-wide effort is a major challenge, matched only by the leadership needed to sustain and develop that culture. What kind of people drive the successful investment bank? It is fascinating to hear practitioners describe their peers. ” Amelia Fawcett, Chief Administrative Officer (Europe) at Morgan Stanley, concurs: “There are a lot of ‘A’ types and ‘egos’ in investment banking.

Download PDF sample

Download Investment Banking: Addressing the Management Issues by Steven I. Davis (auth.) PDF
Rated 4.18 of 5 – based on 44 votes