Corporate and Investment Banking: Preparing for a Career in Sales, Trading, and Research in Global Markets

by Fidelio Tata

Overview

This book provides unique information to prepare graduates and newly hired corporate and investment banking professionals for a career in the global markets environment of large universal and international investment banks. It shows the interrelationship between the three specific business functions of sales, trading, and research, as well as the interaction with corporate and institutional clients. The book fills a gap in the available literature by linking financial market theory to the practical aspects of day-to-day operations on a trading floor and offers a taxonomy of the current banking business, providing an in-depth analysis of the main market participants in the global markets ecosystem. Engaging the reader with case studies, anecdotes, and industry color, the book addresses the risks and opportunities of the global markets business in today’s global financial markets both from a theoretical and from a practitioner’s perspective and focuses on the most important fixed-income financial instruments from a pricing, risk-management, and client-marketing perspective.

Product Details

ISBN-13:	9783030443405
Publisher:	Springer International Publishing
Publication date:	07/20/2020
Edition description:	1st ed. 2020
Pages:	223
Product dimensions:	6.10(w) x 9.25(h) x 0.00(d)

About the Author

Fidelio Tata is a senior market structure specialist with more than 25 years of executive experience in derivatives marketing, institutional sales, risk management, and global fixed-income research. During his 17 years on Wall Street, he developed an in-depth familiarity with a US and European client base consisting of hedge funds, real money, and sovereign investors. Fidelio has broad teaching experience that includes the development of J.P. Morgan’s global derivatives training program, acting as frequent guest speaker at conferences and a trainer in asset and liability management to central banks, and is currently Professor of Finance at the Berlin School of Economics and Law in Germany. Previously, he attended the University of St. Gallen, Switzerland, the London School of Economics and Political Science, UK, as well as New York University’s Stern School of Business and Harvard University in the USA.

Table of Contents

1. Introduction.- 2. A Taxonomy of the Banking Business.- 3. Fundamentals of the Banking Business.- 4. Sales.- 5. Trading.- 6. Research.- 7. Derivatives.- 8. Exercises.

What People are Saying About This

From the Publisher

“Fidelio Tata's brilliant book offers an exceptionally comprehensive and absolutely relevant perspective on modern investment banking, and especially global markets. Anyone intrigued by the opportunities and dynamics in this space will enjoy reading Fidelio's book. It is a rare source of easy-to-understand, first-hand information and insights on how to successfully navigate and master the field. This book is a practical must-read!”

—Stephanino Isele, Executive Board member and Head of Institutionals & Multinationals, Zürcher Kantonalbank

“This book mixes deep, first-hand experience with a practical, sometimes hilarious ability, pointing out the dos and don’ts for everyone aspiring to join the fast-paced world of global markets.”

—Burkhard Varnholt, Chief Investment Officer, Credit Suisse (Schweiz)

“Read this book early in your career. Its framework will help put subsequent classwork, readings, and experiencesinto context. And the book’s description of institutions and markets in terms of sales, trading, and research is quite unique.”

—Bruce Tuckman, Clinical Professor of Finance, NYU Stern School of Business, USA

“There are practical books about trading. There are academic publications on quantitative finance. There are books that attempt to detail life on Wall Street. But this book is the only one I am aware of that effectively incorporates all three of these subjects.”

Garth Friesen, Chief Executive Officer, III Capital Management

“I wish a book like this had been available when I started my professional career.”

—Mark T. Mueller, Senior Partner, Quant Insight