The Death of Gentlemanly Capitalism: The Rise and Fall of London's Investment Banks - Softcover

Philip Augar

Softcover

ISBN 10: 0141043393 ISBN 13: 9780141043395

Publisher: Penguin Books, Limited (UK), 2008

Synopsis

A revolution took place in the City in the 80s and 90s. The cosy club of British merchant banking collapsed in a series of sell-outs, closures and scandals. This left the City dominated by US and European giants. Was this the inevitable result of globalization or did mismanagement play a part? This is the first book to look at how and why the British merchant banks and brokers sold out, and where that leaves us. Augar tells this fascinating story with pace and drama, taking us through the Thatcher years, the crash of 1987, Big Bang, and the aggressive invasion of the American banks. He looks at why the British banks failed to keep pace with the Americans, what this says about the way they were run, and what this means for the future.

About this title

About the Author:

Philip Augar worked in investment banking for over twenty years. He led NatWest's global equity and bond business before becoming a Group Managing Director at Schroders. Since 2000 he has combined consulting and writing. This is his fifth book. He can be contacted at- www.philipaugar.com

About this edition

• Publisher: Penguin Books, Limited (UK)
• Publication date: 2008
• ISBN 10: 0141043393
• ISBN 13: 9780141043395
• Binding: Paperback
• Number of pages: 416