Efficiency and Environmental Factors in Investment Banking
Nemanja Radić,
Claudia Girardone and
Franco Fiordelisi
Chapter 6 in New Issues in Financial Institutions Management, 2010, pp 106-121 from Palgrave Macmillan
Abstract:
Abstract In the “Great Moderation” era, the investment banking industry in all advanced economies has benefited from the processes of liberalization, internationalization and consolidation activities. An increasing number of financial institutions have been involved in cross-border activities and in providing banking services globally. Investment banks’ main business is to intermediate between issuers and investors through the functions of M&A advisory services and underwriting of securities issues. They also provide trading and investment in securities and asset management.
Keywords: Efficiency Score; Investment Bank; Bank Regulation; Stochastic Frontier Analysis; European Banking (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-29915-3_7
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DOI: 10.1057/9780230299153_7
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