How the City Really Works
Endorsed By: The Times
How the City Really Works is a comprehensive guide to how London’s financial markets operate. It offers advice on how you can put that information to practical and lucrative use and includes sections on: the City of London, the Bank of England, commercial banking, investment banking and all types of financial products.
How the City Really Works clearly explains the workings of the City, as well as its relationships with other international financial centres.
The book features new sections on the dangers of fraud and money laundering, credit derivatives, the latest governance issues, and the current state of the pensions market. It provides further coverage of the key roles within the City, from stockbrokers and foreign exchange dealers to accountants and Lloyd’s underwriters, and demonstrates how they relate to each other.
Packed with information and insights on the key products – from bonds to new share offerings and derivatives – How the City Really Works gives you a crash course in: City markets; hedge funds and traders; City regulation; the City’s relationships with the United States and Europe.
This informative and entertaining guide to how London’s financial markets operate offers practical advice on how you can put this information to profitable use when making your investment decisions.
REVIEWS :“Too often, the institutions and markets that make up the City of
London are viewed in isolation rather than as connected parts of a
bigger entity. In this accessible introduction, Alexander Davidson
offers a practical insight into how it all fits together. If you’re
after a guide to the business end of London, let this be your A-Z”
Julian Marr, Publisher, Bloomberg Money
“Demystifies the financial services industry in an easy to
understand and engaging way.”
Daniel Godfrey, Director General, Association of Investment Trust
Companies
“This book is the place to start for anyone who wants an
all-in-one introduction to one of the world’s greatest financial
centres.”
Eila Rana, Editor, Business Voice, the magazine of the CBI
“Alexander Davidson has provided a timely, concise review of the
21st-century Square Mile. All our financial futures rely to a greater
and lesser extent on the fortunes of the ‘City’ — anyone making their
own financial plans should read this book.”
Robin Amlot, Senior Editor, Moneyextra.com
“Gives novices the same inside scoop on the city of London, the
square mile that constitutes Britain’s financial hub.”
Book News, Library Publication – USA, Spring 2008
Paperback, 368 Pages, Dimensions 234 x 153 MM Language English.
The City of London;
The Bank of England;
Commercial banking;
Introduction to equities;
Investment banking;
How to value shares;
New share issues;
Investment banking;
Introduction to derivatives;
Derivatives for retail investors;
Wholesale market participants;
Interest rate products;
Credit products;
Commodities;
Foreign exchange;
Trading systems and the London Stock Exchange;
Share trading venues and exchanges;
Post-trade services; Investors;
Pooled investments;
Analysts and research;
Financial communications;
Financial services regulation;
Financial fraud;
Money laundering;
Overview of corporate governance;
Accounting and governance issues;
Insurance - the London companies market;
Insurance - Lloyd’s of London; Reinsurance;
Retail insurance, savings and domestic property;
Pensions in flux;
A word to investors;
Useful websites.
Alexander Davidson is a leading financial journalist who has written widely for the national press. He is the author of several books, including the best-selling How to Win in a Volatile Stock Market and How to Understand the Financial Pages, both published by Kogan Page. Alexander may be contacted via his Web site at www.flexinvest.co.uk.