How the City of London Works - 9781847033055

Product Description

How the City of London Works - An Introduction to its Financial Markets is a straightforward companion for anyone who comes into contact with the City's financial markets and institutions, either as part of their studies, professional training or as a general reader. Now in its seventh edition, the work:

Uses diagrams, maps and illustrations to explain the often-complex systems and regulations within the financial and other markets of the City of London
Places a stronger emphasis on the activities of hedge funds and private equity firms than in previous editions
Continues to examine how US incursions have changed the ownership of the main operators in the City, especially the merchant banks
Examines how the City has enhanced its position in the world after the introduction of the Euro and looks at the clear lead that London has now established over New York
Includes a glossary of technical terms used within the City

Contents

What the city does
Banking
Insurance
The stock exchange
The capital market
The gilt-edged market
The money market
Foreign exchange
The euro and the city
Euro-currencies
The gold market
Commodity markets
Derivatives, futures, options...
Shipping
What the city is
How the city is controlled
Where to learn more about the city

Reviews

"A gem of a guide book" Independent Schools Careers Bulletin

"William Clarke has written a number of guides to the work of the City of London. None is better than this." The Banker