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- W2912019019 abstract "This chapter focuses on the various career paths within investment banking, as well as the opportunities and challenges facing the industry going forward. The author concludes that there will be reduced appetite for risk and leverage in the investment banking industry. This may lead to lower returns on equity, unless firms can make technological progress in driving costs down, more fully capture share-of-wallet opportunities with clients, and create new sources of revenue. Historically, the industry has been remarkably resourceful in reinventing itself and driving earnings through new products and services. In spite of tighter regulations, including greater control over balance sheets and compensation practices, as the global economy improves, the industry should be able to continue creating value for clients and good returns on invested capital." @default.
- W2912019019 created "2019-02-21" @default.
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- W2912019019 date "2018-01-01" @default.
- W2912019019 modified "2023-09-24" @default.
- W2912019019 title "Investment Banking Careers, Opportunities, and Issues" @default.
- W2912019019 doi "https://doi.org/10.1016/b978-0-12-804723-1.00010-4" @default.
- W2912019019 hasPublicationYear "2018" @default.
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