How the City Really Works explains the workings of "the City"--I.e. the City of London, the Wall Street of the UK -- as well as its relationships with other international financial centers. The book features sections on fraud and money laundering, credit derivatives, the latest governance issues, and the current state of the pensions market. It provides further coverage of the key roles within the City, from stockbrokers and foreign exchange dealers to accountants and Lloyd's underwriters, and demonstrates how they relate to each other.
Includes bibliographical references and index.