||From the Back Cover||The recent financial turmoil has raised suspects on investment banks and will certainly reshape the industry. However, the transactions traditionally managed by investment banks will still require the intervention of financial institutions,
From a historical point of view, the main activity of investment banks is what today we call security underwriting. Investment banks buy securities, such as bonds and stocks, from an issuer and then sell them to the ?nal investors. In the eighteenth century, the main securities were bonds issued by governments. The way these bonds were priced and placed is extraordinarily similar to the system that inve- ment banks still use nowadays. When a government wanted to issue n...
[PDF.hm53] Investment Banking: A Guide to Underwriting and Advisory Services Rating: 3.85 (785 Votes)
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You can specify the type of files you want, for your gadget.Investment Banking: A Guide to Underwriting and Advisory Services | Giuliano Iannotta. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.