Abstract

http://ssrn.com/abstract=952243
 
 

Citations (2)



 


 



Investment Banking: Immediate Challenges and Future Directions


Andrew F. Tuch


Washington University in Saint Louis - School of Law


Commercial Law Quarterly, Vol. 20, No. 4, pp. 37-46, 2006
Sydney Law School Research Paper No. 06/63

Abstract:     
This article discusses the organizational nature of the integrated (or full-service) investment bank, the incidence of conflicts of interest in the financial services industry and the role and effectiveness of information barriers such as Chinese walls as an arrangement for managing conflicts. The paper also describes the growing importance to investment banks of proprietary trading and principal investing, the conflicts of interest that they can produce, and the recent responses of financial regulators to these developments.

The paper was presented at a discussion forum involving senior investment bankers, lawyers and scholars in August 2006, organized against the backdrop of litigation recently brought by Australia's financial regulator against a major investment bank for alleged conflicts of interest and insider trading.

Number of Pages in PDF File: 11

Keywords: Investment bank, conflicts of interest, proprietary trading, principal investing, private equity, Chinese walls, managing conflicts, avoiding conflicts, financial regulators

JEL Classification: G24, K22, K10

Accepted Paper Series


Download This Paper

Date posted: January 23, 2007  

Suggested Citation

Tuch, Andrew F., Investment Banking: Immediate Challenges and Future Directions. Commercial Law Quarterly, Vol. 20, No. 4, pp. 37-46, 2006; Sydney Law School Research Paper No. 06/63. Available at SSRN: http://ssrn.com/abstract=952243

Contact Information

Andrew F. Tuch (Contact Author)
Washington University in Saint Louis - School of Law ( email )
Campus Box 1120
Saint Louis, MO 63130
United States
Feedback to SSRN


Paper statistics
Abstract Views: 5,094
Downloads: 1,327
Download Rank: 7,064
Citations:  2

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo7 in 0.265 seconds