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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...
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The paper analyses whether communication and actual interventions in FX markets are successful in moving exchange rates over the medium- to long-run. It compares empirical evidence based on time-series analysis with that obtained from an eventstudy approach. Both the time-series approach based...
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