A Brief History of Investment Banking

Jesper Blomberg, Hans Kjellberg and Karin Winroth
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Jesper Blomberg: Stockholm School of Economics
Hans Kjellberg: Stockholm School of Economics
Karin Winroth: Södertörn University

Chapter 2 in Marketing Shares, Sharing Markets, 2012, pp 21-45 from Palgrave Macmillan

Abstract: Abstract The origins of investment banking are many and they reach far back in time. As noted by Fleuriet (2008) few of those working in contemporary investment banking know its origins. In this chapter we approach investment banking by offering a brief account of a long history of organizational developments and innovations that, among other things, produced investment banking as we know it today. This history will show that the analytical stance applied in this book is supported by historical evidence. The history of investment banking is one of interaction between bankers, businessmen, investors, ideas and technical solutions. Through their actions, these actors co-constitute investment banking while enacting exchanges of securities.

Keywords: Market Share; Investment Banking; Security Market; Secondary Market; Trading Company (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-36162-1_2

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DOI: 10.1057/9780230361621_2

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