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Understanding Investment Banking Practices

In: Marketing Shares, Sharing Markets

Author

Listed:
  • Jesper Blomberg

    (Stockholm School of Economics)

  • Hans Kjellberg

    (Stockholm School of Economics)

  • Karin Winroth

    (Södertörn University)

Abstract

This book is about stock markets and the professionals that engage with them. Not long ago, financial markets were epitomized by the stock exchange, a physical floor where traders communicated about, and engaged in market transactions on behalf of, buyers and sellers. Developments during the past 25 years or so, however, have fundamentally reshaped the financial markets; these include the liberalization of national regulatory frameworks and the transformations caused by digitization (Sassen, 2005). The result has been a tremendous growth in the number of transactions, the number of products, the number of markets and, not least, in the value of financial assets worldwide.

Suggested Citation

  • Jesper Blomberg & Hans Kjellberg & Karin Winroth, 2012. "Understanding Investment Banking Practices," Palgrave Macmillan Books, in: Marketing Shares, Sharing Markets, chapter 1, pages 1-20, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36162-1_1
    DOI: 10.1057/9780230361621_1
    as

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