This study unites two streams of research by simultaneously focusing on the impact of financial globalisation on financial development and pre- and post-crisis dynamics of the investigated relationship. The empirical evidence is based on 53 African countries for the period 2004-2011 and...

The billionaire borrowers: private equity and leverage buyouts -- From "gaga" to google : the shepherds of business from infancy to infamous : venture capital and entrepreneurship -- The billion dollar brokers of investment banking -- The million dollar analysis of management consulting --...

Investment banks play a key role in capital markets and contribute to the efficient functioning of financial markets. As demonstrated in the recent financial crisis, however, investment banks can create and propagate risks in the financial system given their scale, as well as the interconnected...