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Philip Augar

Former investment banker at Schroders and NatWest Markets who writes on the British investment banking industry.

The Death of Gentlemanly Capitalism explains why British merchant banks sold themselves to American and European buyers after Big Bang, and what their owners misjudged about the capital intensity of the business they were in. The Greed Merchants and The Bank That Lived a Little examine fee structures and client conflicts inside integrated investment banks, the second through Barclays' decision to buy Lehman's American operations.

3 books of their own

Books they wrote 3

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  1. The Death of Gentlemanly CapitalismPhilip Augar, 2000
  2. The Greed MerchantsPhilip Augar, 2005
  3. The Bank That Lived a LittlePhilip Augar, 2018
Philip Augar · 2000 · How Big Bang handed the City's investment banks to foreign owners.
Philip Augar · 2005 · How the integrated investment bank extracts its economics from clients.
Philip Augar · 2018 · Barclays' thirty-year attempt to become a global investment bank.

Tags

barclaysschroderslehman-brothersnatwestinvestment-bankingbankingbig-bangcity-of-londonunited-kingdomconflicts-of-interestfinancial-historyconsolidation