Download or read book City Bankers 1890 1914 written by Youssef Cassis and published by Cambridge University Press. This book was released on 1994-09-15 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: City Bankers, 1890-1914 is a major contribution to a controversial area of economic history and to the debate about the nature of British society in the late Victorian and Edwardian eras. It provides a detailed analysis of the banking community of London between 1890 and 1914 when the City of London was the undisputed financial centre of the world.

Download or read book The World of Private Banking written by Youssef Cassis and published by Routledge. This book was released on 2016-12-05 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a full and authoritative account of the history of private banking, beginning with its development in conjunction with the world markets served by and centred on a few European cities, notably Amsterdam and London. These banks were usually partnerships, a form of organization which persisted as the role of private banking changed in response to the political and economic transformations of the late 18th and early 19th centuries. It was in this period, and the succeeding Golden Age of private banking from 1815 to the 1870s, that many of the great names this book treats rose to fame: Baring, Rothschild, Mallet and Hottinger became synonymous with wealth and economic power, as German, French and the remarkably long-lasting Geneva banks flourished and expanded. The last parts of this study detail the way in which private banking adapted to the age of the corporate economy from the 1870s to the 1930s, the decline during and after the Great Depression and the post-war renaissance. It concludes with an appraisal of the causes and consequences of the modern expansion of private banking: no longer the exclusive preserve of partnerships, the management of investment portfolios of wealthy individuals and institutions is now a major concern of international joint-stock banks.

Download or read book Capitals of Capital written by Youssef Cassis and published by . This book was released on 2006-11-23 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: International financial centres have come to represent a major economic stake. Yet no historical study has been devoted to them. Professor Cassis, a leading financial historian, attempts to fill this gap by providing a comparative history of the most important centres that constitute the capitals of capital - New York, London, Frankfurt, Paris, Zurich, Amsterdam, Tokyo, Hong Kong, Singapore - from the beginning of the industrial age up to the present. The book has been conceived as a reflection on the dynamics of the rise and decline of international financial centres, setting them in their economic, political, social, and cultural context. While rooted in a strong and lively historical narrative, it draws on the concepts of financial economics in its analysis of events. It should widely appeal to business and finance professionals as well as to scholars and students in financial and economic history.

Download or read book International Banking in an Age of Transition written by Sara Kinsey and published by Routledge. This book was released on 2016-12-05 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sweeping changes have taken place in the financial sector during the twentieth century. Two of the most notable changes have been the growth of global markets and institutions, and the introduction of computerisation. This volume charts the course of concentration and internationalisation in banking and also examines the influence and implications of new technologies on the industry’s record-keeping practices. The exploration of concentration and internationalisation begins in the late nineteenth century and examines the effect of a wide range of factors, from macro-economic influences such as the liquidity crisis of the 1930s and the oil price rises of the 1970s, to the role of national regulation in the creation of financial markets and innovative products. The role of individual banks and their particular policies is also brought into focus. Some of Europe’s most eminent bankers provide a contemporary dimension by discussing possible future developments in continental banking.

Download or read book Centres and Peripheries in Banking written by Even Lange and published by Routledge. This book was released on 2016-12-05 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a broad investigation into the relationship between the centre and the periphery in banking. Focusing on the historical development of financial markets, from their emergence in the early modern period to today's global financial and capital markets, the chapters investigate how local, national and international relationships have affected and helped shape the banking industry over three-hundred years. This wide-ranging discussion in time and place is provided by a group of international experts, encompassing bankers, economists, economic historians and historians, and will be of interest to all those with a scholarly or professional interest in the development of financial institutions.

Download or read book London and Paris as International Financial Centres in the Twentieth Century written by Youssef Cassis and published by OUP Oxford. This book was released on 2005-01-20 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: London and Paris, the world's two leading financial centres in the nineteenth century, experienced differing fortunes during the twentieth century. While London remained an international financial centre, Paris' influence declined. Yet over the last twenty years deregulation, internationalization, and the advent of the single currency have reactivated their competition in ways reminiscent of their old rivalry before the First World War. This book provides a long-term perspective on the development of each centre, with special attention devoted to the pre-1914 years and to the last decades of the twentieth century, in order to contrast these two eras of globalization. The chapters include both archive-based and synthetic surveys and are written by the leading specialists of the field. This comparison between Europe's two leading capital cities will also provide new insights into two important subjects: the political economy of Britain and France in the twentieth century, and the history of international financial centres. As much as a comparison between London and Paris as international financial centres, this book is an Anglo-French comparison; in other words, it considers, through the prism of finance, several aspects of the two countries' economic, business, social, and political histories. It includes contributions from leading banking, financial, and economic historians, and will be of interest to academics, researchers, and students of Financial and Economic History, and the role of London and Paris in particular.

Download or read book Forex Forever written by Ranald C. Michie and published by Oxford University Press. This book was released on 2024-02-28 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world's largest market is that for foreign exchange with a turnover running into trillions per day. The mystery is why this market is dominated by trading in London when the US dollar is the main currency in use. What role is played by this market? To many it is a speculator's paradise, exposed to manipulation and contributing to currency volatility. For others it plays a central role in in the operation of the global banking system and a mechanism for maintaining currency stability. In Forex Forever, Ranald C. Michie seeks to provide answers to these and other questions by examining how the foreign exchange market has developed in the City of London over the past 150 years and uncovers its secret existence in London before the First World War. Michie explores how the City of London became the centre of the global foreign exchange market before 1914 through the international banking network, trading on the floor of the Stock Exchange, and the communications revolution that began with the telegraph. He investigates how that position was sufficient to make London the centre of a new foreign exchange market that emerged between the wars, survived the era of fixed exchange rates after the Second World War, and then flourished from 1970 onwards. This in-depth study helps to explain how and why the global monetary system has functioned since the middle of the nineteenth century.

Download or read book From Crisis to Crisis written by Brian O'Sullivan and published by Springer. This book was released on 2018-12-11 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Crisis to Crisis examines the impact of the harsh conditions of the interwar economy on the British merchant banks. The financial crises of 1914 and 1931 are assessed using primary sources. The competitive threats, including the rise of New York as a rival financial centre, are considered. It challenges alleged special treatment and provides fresh perspectives on the interwar rationalisation of industry. During the late nineteenth century, Britain’s merchant banks had become pre-eminent in a world of fixed exchange rates, free trade and the unfettered mobility of international capital. This world was increasingly challenged in the interwar period, being replaced by floating exchange rates, trade protectionism and restrictions on capital movements. This book fills a gap in the historiography of British banking by recovering the histories of long-forgotten merchant banks rather than focusing on the better-known firms. Using a wide range of archival resources, it traces the strategic transformation by some merchant banks from higher-risk, capital intensive activities to lower-risk, advisory services. Brian O’Sullivan has been jointly awarded the 2019 BAC Wadsworth Prize for From Crisis to Crisis: The Transformation of Merchant Banking 1914-1939. It was judged by the Business Archives Council (BAC) to have made an outstanding contribution to the study of British business history. Brian shared the prize with Professor Priya Satia of Stanford University in California.

Download or read book Capitals of Capital written by Youssef Cassis and published by Cambridge University Press. This book was released on 2010-03-18 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: `...useful reading for anyone interested in the antecedents of today's vibrant international financial markets.' --

Download or read book States and the Masters of Capital written by Quentin Bruneau and published by Columbia University Press. This book was released on 2022-12-13 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, states’ ability to borrow private capital depends on stringent evaluations of their creditworthiness. While many presume that this has long been the case, Quentin Bruneau argues that it is a surprisingly recent phenomenon—the outcome of a pivotal shift in the social composition of financial markets. Investigating the financiers involved in lending capital to sovereigns over the past two centuries, Bruneau identifies profound changes in their identities, goals, and forms of knowledge. He shows how an old world made up of merchant banking families pursuing both profit and status gradually gave way to a new one dominated by large companies, such as joint stock banks and credit rating agencies, exclusively pursuing profit. Lacking the web of personal ties to sovereigns across the world that their established rivals possessed, these financial institutions began relying on a different form of knowledge created to describe and compare states through quantifiable data: statistics. Over the course of this epochal shift, which only came to an end a few decades ago, financial markets thus reconceptualized states. Instead of a set of individuals to be known in person, they became numbers on a page. Raising new questions about the history of sovereign lending, this book illuminates the nature of the relationship between states and financial markets today—and suggests that it may be on the cusp of another major transformation.

Download or read book War On Wealth The Fact And Fiction In British Finance Since 1800 written by Ranald Michie and published by World Scientific. This book was released on 2023-03-21 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the divide that exists between the reality of finance and the image it projects. A functioning financial system is an essential feature of a modern economy, providing it with money, credit, capital, and investments. Conversely, those who provide this essential service are neither respected nor trusted. The causes and consequences of this divide is explored using the British experience from 1800 to the present, drawing upon a mixture of factual evidence and contemporary fiction. Nothing of this scale has been attempted before and this is the product of 50 years of research.

Download or read book The Oxford Handbook of Banking and Financial History written by Youssef Cassis and published by Oxford University Press. This book was released on 2016-07-21 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis of 2008 aroused widespread interest in banking and financial history among policy makers, academics, journalists, and even bankers, in addition to the wider public. References in the press to the term 'Great Depression' spiked after the failure of Lehman Brothers in November 2008, with similar surges in references to 'economic history' at various times during the financial turbulence. In an attempt to better understand the magnitude of the shock, there was a demand for historical parallels. How severe was the financial crash? Was it, in fact, the most severe financial crisis since the Great Depression? Were its causes unique or part of a well-known historical pattern? And have financial crises always led to severe depressions? Historical reflection on the recent financial crises and the long-term development of the financial system go hand in hand. This volume provides the material for such a reflection by presenting the state of the art in banking and financial history. Nineteen highly regarded experts present chapters on the economic and financial side of banking and financial activities, primarily though not solely in advanced economies, in a long-term comparative perspective. In addition to paying attention to general issues, not least those related to theoretical and methodological aspects of the discipline, the volume approaches the banking and financial world from four distinct but interrelated angles: financial institutions, financial markets, financial regulation, and financial crises.

Download or read book Big Business written by Youssef Cassis and published by Oxford University Press. This book was released on 1999 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The manner in which Britain, Germany and France have conducted business this century is analysed in this comparative study. It focuses on key companies and business elites and their performance at critical times.

Download or read book British Imperialism written by P.J. Cain and published by Routledge. This book was released on 2014-01-14 with total page 764 pages. Available in PDF, EPUB and Kindle. Book excerpt: A milestone in the understanding of British history and imperialism, and truly global in its reach, this magisterial account received numerous accolades from reviewers in its first edition. The first to coin the phrase "gentlemanly capitalism", Cain and Hopkins make the strong and provocative argument that it is impossible to understand the nature and evolution of British imperialism without taking account of the peculiarities of her economic development. In particular, the growth of the financial sector - and above all, the City of London - played a crucial role in shaping the course of British history and Britain's relations overseas. Now with a substantive new introduction and a conclusion, the scope of the original account has been widened to include an innovative discussion of globalization.

Download or read book The City of London Golden years 1890 1914 written by David Kynaston and published by Random House (UK). This book was released on 1994 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1890 and 1914 the city of London was all dominant, as Britain's legendary gold-standard reigned supreme across the globe. The author shows how this was possible, anatomizes an elite at the height of its powers, and shows how the relationship between finance and politics became dangerously close. The Stock Exchange, the muscular, rumour-ridden club of gentlemen and would-be gentlemen is brought to life in incidents like the Marconi scandal, the Battle of Throgmorton Street, and the murder of a stockbroker by his mistress on Lord Mayor's day. There seemed no reason why it should ever end and Golden Years ends with a portrait of the city in action in the summer of 1914, sweating over deals looking to the short term, never dreaming that its world would shortly change forever.

Download or read book International Bibliography of Business History written by Francis Goodall and published by Routledge. This book was released on 2013-12-16 with total page 685 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of business history has changed and grown dramatically over the last few years. There is less interest in the traditional `company-centred' approach and more concern about the wider business context. With the growth of multi-national corporations in the 1980s, international and inter-firm comparisons have gained in importance. In addition, there has been a move towards improving links with mainstream economic, financial and social history through techniques and outlook. The International Bibliography of Business History brings all of the strands together and provides the user with a comprehensive guide to the literature in the field. The Bibliography is a unique volume which covers the depth and breadth of research in business history. This exhaustive volume has been compiled by a team of subject specialists from around the world under the editorship of three prestigious business historians.

Download or read book Private Banking in Europe written by Youssef Cassis and published by Oxford University Press, USA. This book was released on 2015 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: For centuries private bankers owned and managed their banks, usually with unlimited liability.In the mid-19th century they faced increasing competition. This book traces the rise and decline of this original form of banking, and its revival in the late 20th century as a response to the development of a new market - the management of personal wealth.