Chasing Alpha: How Reckless Growth and Unchecked Ambition Ruined the City's Golden Decade - Hardcover

Über die Autorin bzw. den Autor

Philip Augar worked in investment banking for over twenty years. He led NatWest's global equity and bond business before becoming a Group Managing Director at Schroders. Since 2000 he has combined consulting and writing. This is his fifth book. He can be contacted at: www.philipaugar.com

Aus dem Klappentext

Chasing Alpha is the definitive insider's history of Britain's financial services sector, from the early days of New Labour to the present day.

At the heart of the action is the revival of the City's institutions in the mid-nineties. Augar uses his peerless connections with the people and firms that made it happen to give a compelling narrative of how the City's golden generation turned London round.

In 1997 in the City it seemed that things could only get better. For ten years everything went according to plan. Buoyed by a strong pound and cheered on by an excitable media, the bankers became the heroes of the age. And then in the summer of 2007 everything began to collapse. One household name after another failed or was forcibly merged. Barely a year later the government took controlling stakes in the banking sector and the reputation of the City was in tatters.

More than any self-consciously serious account of high politics and diplomacy, Chasing Alpha is the history of our times. It will be required reading for anyone who wants to understand New Labour, the prospects for the British economy, and the forces that drove so many of us in the past decade.