Organisational Geographies of Finance

Opening the Black Box of Global Investment Banks

Bibliographic Data

ID5697111
AuthorsTim Heinemann (0000-0002-4618-789X, HafenCity University Hamburg, corresponding author)
Year2014
Volume8
Issue1
Pages25-37
Publication date2014-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueGeography Compass (JOURNAL)
Journal identifiersISSN: 1749-8198 • E-ISSN: 1749-8198
PublisherWiley (PUBLISHER • GB)
DOI10.1111/gec3.12109
OpenAlexW1882794724
LanguageEN
Citations received4
References cited55

For some time, economic geographers have been interested in the geographies of transnational corporations. However, these debates have not yet included a discussion of the geographies of global investment banks. This paper seeks to open the black box of global investment banks. It shows that although our understanding of the geographies of financial markets was advanced over the recent years, a discussion of the internal relations of banks remain on the agenda. To understand the investment strategy and practice of banks, it is necessary to understand the different forms of knowledge practices alongside its social and spatial division of labour. I argue that the creation of knowledge within banks is shaped not only by the local context but also through the occupational specialisms. I will conclude that a non-uniform view of financial market institutions is essential: it allows a clearer picture of the actors who are involved in the internal decision-making processes of global investment banks. In turn this provides an idea of the responsibilities and influence of specific actors with respect to banks' investment practices

Black box · Business · Division of labour · Economics · Financial market · Geography · Investment banking · Market economy · Political science · Politics · Banking stability, regulation, efficiency · Global Urban Networks and Dynamics · Housing, Finance, and Neoliberalism · Law · Finance

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