Description

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 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 London’s financial markets offers practical advice on how you can put the information it contains to profitable use when making your investment decisions.

Publisher Review

"Demystifies the financial services industry in an easy to understand and engaging way." -Association of Investment Trust Companies "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." - Bloomberg Money "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." - Business Voice, the magazine of the CBI