{"product_id":"the-business-of-investment-banking-9781118004494","title":"The Business of Investment Banking","description":"\u003cb\u003eA comprehensive overview of investment banking for professionals and students\u003c\/b\u003e \u003cp\u003eThe investment banking industry has changed dramatically since the 2008 financial crisis. Three of the top five investment banks in the United States have disappeared, while Goldman Sachs and Morgan Stanley have converted to commercial banking charters. This \u003ci\u003eThird Edition\u003c\/i\u003e of \u003ci\u003eThe Business of Investment Banking\u003c\/i\u003e explains the changes and discusses new opportunities for students and professionals seeking to advance their careers in this intensely competitive field.\u003c\/p\u003e \u003cp\u003eThe recent financial regulation overhaul, including the Dodd-Frank legislation, is changing what investment banks do and how they do it, while the Volcker rule has shaken up trading desks everywhere.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eThis new edition updates investment banking industry shifts in practices, trends, regulations, and statistics\u003c\/li\u003e \u003cli\u003eIncludes new chapters on investment banking in BRIC countries, as Brazil, Russia, India, and China now account for a quarter of the global economy\u003c\/li\u003e \u003cli\u003eExplains the shift in the listing of securities away from New York to various financial centers around the world, and how major exchanges compete for the same business\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis new edition, reflecting the current state of the investment banking industry, arrives in time to better serve professionals wanting to advance their careers and students just beginning theirs.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eK. THOMAS LIAW, PHD, \u003c\/b\u003e is a Professor of Finance at St. John's University. He has published several books, including \u003ci\u003eCapital Markets; The Irwin Guide to Stocks, Bonds, Futures, and Options\u003c\/i\u003e; and \u003ci\u003eInvestment Banking and Investment Opportunities in China\u003c\/i\u003e. He has published articles in the areas of mergers and acquisitions, banking, swaps, repurchase agreements, and market risks. His consulting practice specializes in investment management and securities business, and he speaks on the subjects of investment banking and capital markets at corporate programs. Professor Liaw earned his doctoral degree from Northwestern University.\u003cbr\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":50643378438418,"sku":"9781118004494","price":64.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_2578bf5c-530a-4dec-8f6a-c0d9117e8fce.jpg?v=1733084172","url":"https:\/\/surprise-castle.myshopify.com\/products\/the-business-of-investment-banking-9781118004494","provider":"Surprise Castle","version":"1.0","type":"link"}