The Global Bankers - Softcover

Smith, Professor Of Finance And International Business Roy C

Softcover

ISBN 10: 1587980223 ISBN 13: 9781587980220

Publisher: Beard Books, 2000

Synopsis

An interesting and illuminating perspective on global banking as it was carried out on the eve of the 1990s from its three continental centers: New York, London, and Tokyo.

About this title

From the Publisher:

An interesting and illuminating perspective on global banking as it was carried out on the eve of the 1990s from its three continental centers: New York, London, and Tokyo, The Global Bankers deals with each of these regions separately, tracing the international development of the markets and highlighting the principal distinctions and the most important and topical features of each. It examines innovative developments in European finance beginning with the rise of the Eurobond market and including the free-market reconstruction of the London stock exchange and the surprising resurgence of pragmatic capitalism in socialistic Europe. Focus is also given to the internationalization of finance in the United States and the financial ways of the wily Japanese.

From Publishers Weekly:

This balanced, instructive and readable narrative both records and projects a new financial era. In worldwide perspective, Smith, who teaches finance at New York Univeristy, analyzes Japan's major investment in U.S. industry, London's huge bond market in "Eurodollars" free of regulation, Germany's potentially dominant role in a tariffless Europe after 1992, the massive Third World debt's impact on American bank earnings and foreign involvement in Wall Street's high-stakes mergers and acquisitions. "The financial industry simply cannot escape the consequences of globalization," the author convincingly declares. Smith is particularly enlightening on the Japanese ethic and related bargaining methods in his depiction of Goldman Sachs, where he was a partner, negotiating a deal for international operations with Tokyo's Sumitomo Bank.
Copyright 1989 Reed Business Information, Inc.

About this edition

• Publisher: Beard Books
• Publication date: 2000
• ISBN 10: 1587980223
• ISBN 13: 9781587980220
• Binding: Paperback
• Number of pages: 416