Why Aren't They Shouting?
A Banker's Tale of Change, Computers and Perpetual Crisis
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|Format: ||Paperback, 320 pages|
|Other Information: ||No|
|Published In: ||United Kingdom, 14 July 2016|
When Kevin Rodgers embarked on his career in finance, dealing rooms were filled with clamouring traders and gesticulating salesmen. Nearly three decades later, the feverish bustle has gone and the loudest noise you're likely to hear is the gentle tapping of keyboards. Why Aren't They Shouting? is a very personal, often wryly amusing chronicle of this silent revolution that takes us from the days of phone calls, hand signals and alpha males to a world of microwave communications, complex derivatives and computer geeks. In addition, it's a masterclass in how modern banking works, for those who don't know their spot FX from their VaR or who struggle to recall precisely how Monte Carlo pricing operates. But it's also an account of thirty years of seismic change that raises a deeply worrying question: Could it be that the technology that has transformed banking - and that continues to do so - is actually making it ever more unstable?
An inside account of why banking has gone so badly wrong.
About the Author
Kevin Rodgers started his career as a trader with Merrill Lynch before joining another American bank, Bankers Trust. From there he went on to work as a managing director of Deutsche Bank for 15 years and latterly as global head of foreign exchange.
"An animated, first-person narrative about the reality of banking ... lively and engaging ... Rodgers takes your hand and walks you through the history of finance." * LSE Review of Books * "A welcome addition to the panoply of must-read titles about banking before, during and after the crisis ... by someone who was actually at the centre of the industry at the time." * Euromoney * "A rip-roaring ride through the dealing floors of the world's financial market ... the storyline is eloquent, right up there with the calibre of the master of the genre, Michael Lewis." * Financial Advisor * "This is an enjoyable, fast-paced yet informative book ... readers will be absorbed and fascinated by the inner workings of an industry that is essential to all our lives." * International Investment * "A truly insightful look into the history of technology and what it could mean for banking's future" * Small Business Trends *
Random House Business Books|
23.5 x 15.24 x 2.31 centimetres (0.34 kg)|
15+ years |