Synopsis
When Kevin Rodgers embarked on his career in finance, dealing rooms were seething with clamoring traders and gesticulating salesmen. Nearly three decades later, the feverish bustle has gone and the loudest noise you’re likely to hear is the gentle tapping of keyboards. Here is a very personal, often wryly amusing chronicle of this silent revolution that takes us from the days of phone calls, hand signals and alpha males to a world of microwave communications, complex derivatives and computer geeks. In addition, it’s a masterclass in how modern banking works, for those who don’t know their spot FX from their VaR or who struggle to recall precisely how Monte Carlo pricing operates. But it’s also an account of 30 years of seismic change that raises a deeply worrying question: Could it be that the technology that has transformed banking—and that continues to do so—is actually making it ever more unstable?
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About the Author
Kevin Rodgers was a trader with Merrill Lynch before joining another U.S. bank, Bankers Trust. From there he went on to work as a managing director of Deutsche Bank for 15 years and latterly as global head of foreign exchange.
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Why Aren't They Shouting?: A Bankerâs Tale of Change, Computers and Perpetual Crisis
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Paperback. Condition: new. Paperback. An inside account of why banking has gone so badly wrong.'Eloquent, entertaining and accessible.' FT AdviserWhen Kevin Rodgers embarked on his career in finance, dealing rooms were filled with clamouring traders and gesticulating salesmen. Nearly three decades later, the bustle has gone and the loudest noise you're likely to hear is the gentle tapping of keyboards.Why Aren't They Shouting? is one banker's chronicle of this silent revolution, taking us from an age of shouted phone calls and alpha males right up to today's world of computer geeks and complex derivatives. Along the way, Rodgers offers a masterclass in how modern banking actually works, exploring the seismic changes to the global financial industry over the last thirty years. Above all, his story raises a deeply troubling question: could it be that the technology that has transformed banking - and that continues to do so - is actually making it ever more unstable?'A welcome addition to the panoply of must-read titles about banking before, during and after the crisis . by someone who was actually at the centre of the industry at the time.' Euromoney'An animated first-person narrative about the reality of banking . lively and engaging.' LSE Review of Books Taking you from an age of shouted phone calls and alpha males right up to today's world of computer geeks and complex derivatives. This book offers a masterclass in how modern banking actually works, exploring the seismic changes to the global financial industry over the last thirty years. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781847941534