This book offers a comprehensive exploration of the revolutionary developments occurring in the world's financial markets and institutions. Information covered includes: innovation, globalization, and deregulation -- with a focus on the actual practices of financial institutions, investors, and financial instruments.
Frank J. Fabozzi is a Professor in the Practice of Finance and Becton Fellow in the Yale School of Management. He is well known as the author of numerous books on finance, both practitioner-focused and academic. Professor Frank J. Fabozzi will be joining Edhec Risk Institute on August 1, 2011. EDHEC-Risk Institute is part of EDHEC Business School, one of Europe’s leading business schools.
This is a good overview of the way capital markets and the banking system works. It is a survey and does not go into depth on anything in particular. There is a slightly greater emphasis on bonds, which makes sense because Fabozzi is a bond guru.