How the City of London Works 7th ed

How the City of London Works provides a succinct introduction for anyone who comes into contact with the City's financial markets and institutions. It uses diagrams and extracts to give a simple, straightforward explanation of the City, how it works and how it is regulated. It explains the changes in practices that have taken place since the previous edition, and updates the many statistics that are quoted in the book.

• Deals with the activities of hedge funds and private equity firms that seem to dominate the headlines
• Examines how US incursions have changed the ownership of the main operators in the City, especially the merchant banks
• Considers how the City has enhanced its position in the world after the introduction of the Euro