Why Aren't They Shouting?: A Banker’s Tale of Change, Computers and Perpetual Crisis

ISBN-13: 9781847941534 / Angielski / Miękka / 2017 / 288 str.

Kevin Rodgers

Opis

When Kevin Rodgers embarked on his career in finance, dealing rooms were seething 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?

Recenzje

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

O autorze

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.