Publisher's Synopsis
For undergraduate-level and MBA courses in Financial Institutions, Municipal Finance, Public Finance, and Financial Management, offered in departments of Finance or Economics and for MBA courses in Investment Banking and in Financial Markets, offered in departments of Finance.
This is the first textbook survey of investment banking. It includes a historical background to the topic and then describes the individual areas of investment banking. Special emphasis is given in two chapters on stock and bond underwriting, as well as to financial engineering and mergers and acquisitions. Current issues are covered, including potential mergers with commercial banks and the future of the industry.
