Everything from key terms to advanced strategies.
                     
Investment Banking Explained provides a clear overview of this complex industry. It covers the history, key terms, structures, and strategies of investment banking and breaks the business down into its respective specialties--from traders, brokers, and analysts to relationship managers, hedgers, and retirement planners--illustrating how each contributes to the industry as a whole.
                     
Written by a high-level investment-banking veteran, this comprehensive guide examines the operations of the world's most successful firms and their shifting approach to risk. It then travels to capital markets around the world to explain how investment banks are forging their international strategies.