Investment Banking Theory

Author: Ren Huixiu
Publisher:
Publish Date: 2003-11-01
Features: In the modern sense, investment banks are non-bank financial institutions engaged in various businesses such as securities underwriting and trading, corporate mergers and acquisitions, project financing, fund management, venture capital, and financial advisory. Drawing on the experience of developed market economies abroad, serving China's market economy construction, and conducting research on the development of China's investment banking industry have become urgent tasks for relevant individuals in the theoretical field. Against this backdrop, this book first explores the theoretical issues and concepts involved, analyzes the core role of modern investment banks, and explains their decision-making and analytical methods. Investment banks provide reference for decision-making based on macro-level, industry, and company analyses. The book also examines in detail the changes in investment banking operations, including traditional and innovative businesses, analyzes the new risks arising from these changes, as well as internal and external risk management and regulation. The book reviews the trajectory of China's investment banking development, describes the international trends in investment banking, analyzes the challenges and issues China faces in the trend of investment banking globalization, and attempts to propose some ideas for the future development and positioning of China's investment banking industry.