Investment Banking & Brokerage

Rating:
Summary: good resource, but a bit out of date
Review: As we Taiwan a developing country in financial expertise,I found it really indicates some future trends especially in daily operations. Not only does the book provide lots of example of how the industry works, but also show the way it should be in an regulated region who is going to be deregulated. Highly recommanded for those who are top in the big securities firms and the governers of the authorities.

Rating:
Summary: old, irrelevant
Review: The authors had a way of inflating what they're capable of writing. It reads just like any other so so old texts. Much of the academic discussions can be found in most other finance books. Beyond that, real business insight? Forget about it. You learn much more by watching evening news.

Rating:
Summary: good resource, but a bit out of date
Review: This book is a good though outdated overview of the investment banking business. I would also strongly recommend instead or in addition
the Vault Career Guide to Investment Banking.... The Vault guide includes more
detailed overviews of all the departments and functions of an investment
bank including corporate finance, M&A, sales, trading, private client
services, credit, etc. If you are a job seeker in investment banking
also try the Vault Guide to Finance Interviews, which contains actual
investment banking finance interview questions and answers and which I
found to be enormously valuable in my Wall Street job search.

Rating:
Summary: outdated, traditional corporate finance book
Review: This book is outdated. The coverage was mostly corporate finance, not investment banking. In addition, I heard and confirmed that the materials covered in this book are close to 100 percent identical to another book by the same authors under slightly different title. A big disappointment.