Summary:
The book provides a comprehensive overview of the investment banking industry, detailing its key functions such as mergers and acquisitions, underwriting, and sales and trading. It offers insights into the strategies, operations, and challenges faced by investment bankers, along with an insider's perspective on the industry's evolution and future trends.
Key points:
1. Investment Banks' Functions: Fleuriet describes investment banks as key players in the economy, focusing on their roles in underwriting securities, advising on M&A, and offering financial services.
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