Investment Banking

Author: Zhang Dongxiang
Publisher:
Publish Date: 2004-10-01
Features: The book "Investment Banking" consists of twelve chapters, divided into three parts: Part (Chapter) introduces the general concepts of investment banks, primarily covering the nature and functions of investment banks, types of investment banking business, as well as the development history, characteristics, and trends of investment banks in China and abroad. The purpose is to help readers gain a comprehensive understanding of investment banking institutions and investment banking businesses. The second part (Chapters 2 to 10) systematically discusses investment banking businesses, including bond issuance and underwriting, asset securitization, stock issuance and underwriting, ADRs (American Depositary Receipts), securities trading, M&A advisory, fund management, venture capital, project financing, and financial engineering. The investment banking business section is the focus and highlight of the book. The third part (Chapters 11 and 12) covers investment banking management, discussing internal management and external regulation. Internal management includes the organizational structure, business strategy, financial management, human resource management, and risk management of investment banks; external regulation includes the theory of investment banking regulation, regulatory systems, and regulatory content. Sound management is the guarantee for the healthy development of investment banks.