The Rise and Fall of the Merchant Banks

Résumé du livre

The series provides up-to-date information on the international capital markets from the best financial institutions in the world. The high-level professional titles explain, analyse and examine the latest instruments and markets and the fast-evolving regulatory framework.

How did Britain's former Titans of banking, respected the world over, lose their grip? This expert analysis of the current state of investment banking also provides all the historical perspective to explain the demise of UK merchant banking and the fading glory of the British financial institution.

With the recent wave of mergers and acquisitions throwing the global financial industry into turmoil and turning the former plants of finance into mere nameplates on the doors of large foreign institutions. Erik Banks discusses the impact of globalization on the historical banking bodies and explains why the securities sector was found wanting and the domestic industry transformed into a huge financial supermarket.