Investment Banking: Technology and the Decline of Trust

Idea posted: February 2014

Institutions: Saïd Business School, University of Oxford    University of Virginia McIntire School of Commerce    International Monetary Fund    Ohio State University Moritz College Of Law   

Authors:

Investment banking was once regulated mainly by ‘reputational incentives’: bankers were motivated to act in the client’s best interests by concern for the bank’s good name. It was a system…

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