目录,介绍下
THE INDUSTRY
Chapter 1 What is an Investment Bank? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3
Chapter 2 Commercial Banking, Investment Banking and Asset Management . . .9
Chapter 3 The Equity Markets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17
Chapter 4 The Fixed Income Markets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27
Chapter 5 Trends in I-Banking . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35
Chapter 6 Stock and Bond Offerings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .39
Chapter 7 M&A, Private Placements, and Reorgs . . . . . . . . . . . . . . . . . . . . . . .45
ON THE JOB
Chapter 8 Corporate Finance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .53
Section 1: The Players . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .54
Section 2: The Role of the Players . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .57
Section 3: The Typical Week in Corporate Finance . . . . . . . . . . . . . . . . .67
Section 4: Formulas for Success . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .74
Chapter 9 Institutional Sales and Trading (S&T) . . . . . . . . . . . . . . . . . . . . .77
Section 1: Trading - The Basics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .79
Section 2: Executing a Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .85
Section 3: Trading - The Players . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .91
Section 4: Trading - The Routine . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .95
Section 5: Institutional Sales - The Basics . . . . . . . . . . . . . . . . . . . . . . .100
Section 6: Institutional Sales - The Players . . . . . . . . . . . . . . . . . . . . . .102
Section 7: Private Client Services (PCS) . . . . . . . . . . . . . . . . . . . . . . . .109
Chapter 10 Research . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .113
Section 1: The Players and the Product . . . . . . . . . . . . . . . . . . . . . . . . .114
Section 2: Three Months in Research . . . . . . . . . . . . . . . . . . . . . . . . . . .121
Section 3: Research - The Ties that Bind . . . . . . . . . . . . . . . . . . . . . . . .128
Chapter 11: Syndicate: The Go-Betweens . . . . . . . . . . . . . . . . . . . . . . . . . .133
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APPENDIX
Glossary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .141
Recommended Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .152