Starting from participant observation and interviews conducted in several European banks, the article examines how financial knowledge is constituted in the process of producing documents like research reports, analyses, and newsletters. The core argument is that documents act as organizational devices, with the help of which relationships are created, maintained, and managed across various contexts. In this perspective, the production of financial reports, analyses, and newsletters creates (1) knowledge-based networks of social relationships in which financial action is embedded and (2) stable temporal structures, thus ensuring the continuity of financial activities. On these grounds, the author argues here that knowledge-generating processes should be taken into account as an essential dimension of the structural embeddedness of financial action.
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