The Investment Banking Handbook (Frontiers In Finance Series)

This edited volume offers thorough coverage of the business of investment banking, including much inside information based on the extensive professional experience of the contributors. Comprising 32 chapters, covering every facet of investment banking, from its historical origins in the U.S. to the current high-dollar activity in mergers and acquisitions. Contributors are noted businessmen and academics from the U.S., Canada, Europe, and Japan. Chapters fall into eight sections: investment banking today, raising capital, transactional activities, specialized financial instruments, tax-exempt financing, broker activities, commercial banks and investment banking, and investment banking outside the United States. Raising capital is traditionally what investment banking is all about, and the Handbook explains who does it and how it's done.

Reviews:

This book is a good overview of the investment banking business, although it is quite expensive. I would strongly recommend instead or in addition the Vault Career Guide to Investment Banking, which is available either on amazon or directly from vault.com. The Vault guide includes more detailed overviews of all the departments and functions of an investmentbank 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.