An opinion that the regulatory structure of the financial industry must change to meet the needs of the next century by dismantling traditional partitions that have separated firms, rethinking functional regulation policies, and squarely facing the problem of moral hazard created by the federal...

Klappentext: "Investment Banking: A Tale of Three Cities" traces the evolution of international investment banking from its beginnings to the present day, focusing on the three markets that make up the Golden Triangle of the industry: London, New York, and Tokyo. It describes in detail the...