Investment Banking Series Series Introduction I am starting a series of posts on investment banking. There is a dearth of books out there that tell about investment banking, some of them even actually written by i-bankers, and I am not in any way trying to compete with them, but merely want to reflect on what I was doing up until about a year ago, how it worked and what where the lessons I learnt while being there. This will be about the way it is done in Japan, and more specifically in Japanese companies, and this is very different from the way it is (or was until very recently) done on the Wall Street. This post will be an introductory one, outlining the investment bank's functions and typical departments. The following posts will go into more details on specific products and real-life situations. Post 1: Introduction to an Investment Bank 1. What does an investment bank do? This is a simple question the answer to which may prove rather elusive. Historically, inves...
A collection of information and opinions on the economy, alernative investments and investment banking as seen by a long-time foreign resident in Tokyo