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A Brief History of Investment Banking

In: Marketing Shares, Sharing Markets

Author

Listed:
  • Jesper Blomberg

    (Stockholm School of Economics)

  • Hans Kjellberg

    (Stockholm School of Economics)

  • Karin Winroth

    (Södertörn University)

Abstract

The origins of investment banking are many and they reach far back in time. As noted by Fleuriet (2008) few of those working in contemporary investment banking know its origins. In this chapter we approach investment banking by offering a brief account of a long history of organizational developments and innovations that, among other things, produced investment banking as we know it today. This history will show that the analytical stance applied in this book is supported by historical evidence. The history of investment banking is one of interaction between bankers, businessmen, investors, ideas and technical solutions. Through their actions, these actors co-constitute investment banking while enacting exchanges of securities.

Suggested Citation

  • Jesper Blomberg & Hans Kjellberg & Karin Winroth, 2012. "A Brief History of Investment Banking," Palgrave Macmillan Books, in: Marketing Shares, Sharing Markets, chapter 2, pages 21-45, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36162-1_2
    DOI: 10.1057/9780230361621_2
    as

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