Investment Banking For Dummies by Matthew Krantz (US edition, paperback) - 9781119658597

Wrap your head around the complicated world of investment banking with this understandable and comprehensive resource  The celebrated authors of Investment Banking For Dummies, 2nd Edition have updated and modernized their best-selling book to bring readers an invaluable and accessible volume about the investment banking industry.  Written in the straightforward and approachable tone the For Dummies series is known for the world over, authors Matthew Krantz and Robert Johnson have created an indispensable resource for students and professionals new to investment banking.  The book covers all the crucial topics required to understand the fundamentals of the industry, including:  Strategies for different types of risk management: market, credit, operating, reputation, legal, and funding  The key investment banking operations: venture capital, buyouts, M&A, equity underwriting, debt, and more  The relationship between leverages buyout funds, hedge funds, and corporate and institutional clients  Investment Banking For Dummies, 2nd Edition offers, for the first time, a brand-new chapter devoted to cryptocurrencies, and new content on “unicorn” IPOs, including Uber, Lyft, and Airbnb.  Table of Content Introduction 1 About This Book 1 Foolish Assumptions 3 Icons Used in This Book 3 Beyond the Book 4 Where to Go from Here 4 Part 1: Getting Started With Investment Banking 5 Chapter 1: Introducing Investment Banking 7 What Investment Banking Is 8 The role investment banking plays 8 How investment banking differs from traditional banking 10 The services investment banks provide 11 How investment banks are organized 12 The current lay of the investment banking land 14 Types of investment banking operations 15 How investment banks get paid 15 How Investment Banking Is Done 17 Finding the financial statements 18 Understanding the importance of financial statements and ratios 18 Zeroing in on past transactions 18 Seeing the value of fixed income 19 Turning Into an Investment Banking Pro 19 Putting the discounted cash flow analysis to work 19 Seeing how leverage becomes a force in investment banking 20 Pinpointing buyout targets 20 Putting Investment Banking to Work 21 Staying in compliance with the rules 21 Looking beyond the published financial statements 21 Making adjustments to financial statements for comparability 22 Chapter 2: The Purpose of Investment Banking: What Investment Bankers Do 23 Putting the For-Sale Sign on Corporate America 24 Mergers and acquisitions 25 Leveraged buyouts 27 Private business sales 29 Initial public offerings 32 Helping Investors Decide Whether to Buy or Sell 36 The importance of research 36 What do the analysts do? 37 Digging Into the Role of the Trading Desk 38 Why investment banks are into trading 39