商家名称 | 信用等级 | 购买信息 | 订购本书 |
Plumbers and Visionaries: Securities Settlement and Europe's Financial Market | |||
Plumbers and Visionaries: Securities Settlement and Europe's Financial Market |
This book is the story of a financial sector that has grown hugely in importance in the 40 years since Euroclear, now the world’s premier settlement system for domestic and international securities transactions, was created to deal with a settlement crisis that threatened to smother the international capital market in its infancy.
Beginning with the settlement crisis in the Eurobond market, this book describes how Euroclear and later Cedel, its arch-rival, were founded to deal with the problem. It follows the challenges posed by cross-border settlement for a growing range of securities when most financial infrastructures operated only within national frontiers. The book demonstrates how securities settlement became an issue for public policy after the stock market crash of 1987 and how the problems of cross-border settlement moved rapidly up the European policy agenda after the euro’s launch.
More than a mere history, this book engages with the people who created the modern European securities settlement industry and taps into the often entertaining memories of its founding fathers. This book also focuses on the difficulties and challenges of cross-border transactions which have been identified as hampering Europe’s economic growth. It looks at the present state of the industry seeking a way forward so that the securities settlement infrastructure will better serve a single European capital market.
作者简介 Peter Norman is a London-based journalist and writer, specialising in European issues. He began a career in journalism in 1968, as a trainee for Reuters Economic Services in London. He later worked for the Times of London and the Wall Street Journal-Europe before joining the Financial Times in 1988 with responsibility for the newspaper’s UK and international economic news coverage. He spent 22 years of his professional life on the European mainland, based at various times in Frankfurt, Bonn and Brussels. After three years in Bonn as the FT’s chief German correspondent, he moved in 1998 to Brussels as bureau chief and chief EU correspondent. He has combined book authorship and journalism since returning to the UK in July 2002. ‘Plumbers and Visionaries: Securities Settlement and Europe’s Financial Market’, is his second work of recent European history.
媒体推荐 Review
"...will interest specialists, general readers and fans of detective fiction... grippingly relevant to current economic circumstances" (Financial Times, Monday 7th January 2008)
"virtually the only book to cover this arcane subject comprehensively, it is an essential complement for any financial market’s library." (Financial World, February 2008)
"...a comprehensive and exhaustively researched study.." (Speed, Vol. 2)
“Norman has produced a history of EU clearing and settlement systems” (European Voice, Thursday 14th February 2008)
“...deserves to become compulsory reading for regulators and policy makers everywhere." (Global Custodian, Spring 2008)
编辑推荐 Review
"...will interest specialists, general readers and fans of detective fiction... grippingly relevant to current economic circumstances" (Financial Times, Monday 7th January 2008)
"virtually the only book to cover this arcane subject comprehensively, it is an essential complement for any financial market’s library." (Financial World, February 2008)
"...a comprehensive and exhaustively researched study.." (Speed, Vol. 2)