The financial crisis has focused unprecedented attention on ethics and ethical failures in investment banking. Investment banks, as well as politicians and regulators, have accepted the nttd to revisit ethical standarts. This book explores the meaning of ‘ethics’ in investment banking and the capital markets and develops a framework for assessing and managing investment banking ethics. It provides a guide to the high profile concern arising from the financial crisis, as well as discussing day-to-day ethical challenges. Essential reading for investment bankers, MBA students, regulators, ethicists and those seeking to understand investvtnt banking.