Banker's guide to investment banking

About this book

With trends in corporate finance, privatization, and pension fund development suggesting increased significance and growth in capital market activity, competitive commercial banks are forced to enter the securities arena. Increased fee income and other noninterest revenues from these activities are essential to ensure a profitable future for the commercial banking industry. That's why investment banking activities are part of an increased array of products and services offered by commercial banks. Expanding a bank's current array of these offerings is imperative for survival. The Banker's Guide to Investment Banking goes beyond the basics to give you the in-depth information you need to compete in the investment banking arena. . The involvement of commercial banks in investment is natural because banks have a competitive advantage in the area of credit analysis, large capital bases, and significant placing power through existing clients. The Banker's Guide to Investment Banking walks you through the theory and practice of investment banking, comparing it with commercial banking to give you a better understanding of the similarities and differences. Full of practical examples, the easy-to-read guide focuses on participating in the securities industry, underwriting activities, underwriting Treasury and Municipal Bonds, the Section 20 subsidiary, asset-backed securities, and future trends in commercial and investment banking.