Product Description: Insider guidance to the modern world of investment banking today In Investment Banking Explained, Wharton professor and global financier Michel Fleuriet provides a complete overview of investment banking in its modern form; defines key terms; identifies structures, strategies, and operational aspects; and analyzes the strategy in each of the main functional areas of an investment bank...read more

The financial markets play a crucial role in contemporary society. They can change the lives of whole communities for better or worse and form an essential part of the overall economy. Yet their intermediaries are frequently criticised for misuse of the power that they wield. In this defence of the markets Michel Fleuriet draws on his many years experience in the field to span history and contemporary culture, addressing the market practitioner's raison d'?tre, his/her wider role, the skills required and the techniques employed. This is a thought-provoking and informative work for all those working in the financial markets, intending to enter them or with an interest in the wider economy.* Draws on the extensive experience of the author - a highly respected name within financial circles.* A synthesis of the author's life time experience within the financial markets.* A seminal work addressing key questions of the philosophical and conceptual background to the financial market.* A controversial and thought-provoking work that every practitioner should read.