This division of banking is explicitly associated with creating capital for governments, corporations, and individuals. Investment banks basically serves as a middleman between buyers and sellers of stocks and securities. Not only does an investment bank guarantee equity securities and new debt, they also help simplify reorganizations, mergers/acquisitions, and broker trades, as well as assist all types of businesses, private investors and more, with stock placement and security sales.7 Books Everyone Should Read
If you would like to know more on this subject, please check out the 7 must-read books I have listed below…
1. The Intelligent Investor A Book of Practical Counsel By Benjamin Graham
This book will show you strategies that will make you content later on and also will assist in protection from making mistakes.
2. Investment Banking For Dummies By Matthew Krantz & Robert Johnson
There are many misunderstandings about fundamental banking which this book will assess and provide you with direct solutions to overcome.
3. An Introduction to Investment Banks, Hedge Funds & Private Equity By David Stowell
David P. Stowell is a professor of finance who teaches about investment banks at Kellogg School of Management. He previously worked at JP Morgan, U.S. equity capital markets, Goldman Sachs and more. Of his books, I find this one to be most informative as he shares his knowledge and reveals the key functions of investment.
4. The Investment Banking Handbook By J. Peter Williamson
What makes this book a great read is that it gives you complete understanding of investment banking.
5. The Business of Venture Capital By Mahendra Ramsinghani
If you are interested in creating value, earning and arranging investment capital and more, this book will serve as a complete guide.
6. Dictionary of Finance, Investment, and Banking By E. Banks
Definitely a must-read, as this book offers clear & concise definitions of over 5,000 terms used in banking, accounting, finances, insurance, investing and more.
7. Doing Deals: Investment Banks at Work By Robert G. Eccles and Dwight B. Crane
This book offers thorough explanations of the many different styles of investment banks