The Rise And Fall Of The Merchant Banks

Author : Stanley Chapman
Publisher : Routledge
Page : 240 pages
File Size : 51,6 Mb
Release : 2013-03-07
Category : Business & Economics
ISBN : 9781135032456

Get Book

The Rise of Merchant Banking by Stanley Chapman Pdf

This is the first serious history of merchant banking, based on the archives of the leading houses and the records of their activities throughout the world. It combines scholarly insight with readability, and offers a totally new assessment of the origins of one of the most dynamic sectors of the City of London money market, of the British economy as a whole and of a major aspect of the growth of international business. Dr Chapman has researched new material from the archives of Rothschilds, Barings, Kleinwort Benson and other leading houses together with a wide range of archives and published work in Europe, America and South Africa to trace the roots of British enterprise in financing international trade, exporting capital, floating companies, arbitrage, and other activities of the merchant banks. While mindful of the subtleties of international financial connections, this book assumes no previous acquaintance with the jargon of banking, economics and sociology. It will therefore prove equally interesting to students of history, business and finance, and offers a 'good read' to anyone interested in the City of London and the international economy.

Author : Erik Banks
Publisher : Kogan Page
Page : 592 pages
File Size : 40,6 Mb
Release : 1999
Category : Business & Economics
ISBN : STANFORD:36105024869476

Get Book

The Rise and Fall of the Merchant Banks by Erik Banks Pdf

"This book examines the ascendancy and decline of the British merchant banking industry over the last 200 years. It illustrates the central role these institutions played in the growth and development of the global and domestic economy and assesses their prospects and influence in a continuously changing environment." "The origins, ascendancy, triumphs, contributions, failures and decline of these institutions are analysed with reference to the external forces which shape them, from the dawn of merchant banking in the 18th century, to the peak years of dominance in the 19th century, and into the challenging War and post-War years when power and influence were lost to European universal banks and US global financial conglomerates."--BOOK JACKET.

Author : Stanley D. Chapman
Publisher : Unknown
Page : 224 pages
File Size : 53,8 Mb
Release : 1984
Category : Merchant banks
ISBN : 0415378508

Get Book

The Rise of Merchant Banking by Stanley D. Chapman Pdf

Author : Hugo Armstrong,Dick Gross
Publisher : Melbourne University
Page : 0 pages
File Size : 51,8 Mb
Release : 1995
Category : Bank failures
ISBN : 0522846580

Get Book

Tricontinental by Hugo Armstrong,Dick Gross Pdf

Tricontinental is an absorbing and readable account explaining a slice of financial history, the repercussions of which continue to top the nation's agenda. As a cautionary tale, it goes to the heart of vital questions about the extent and methods of responsible supervision of the financial system that shapes our economy.

Author : Joseph Wechsberg
Publisher : Plunkett Lake Press
Page : 272 pages
File Size : 54,8 Mb
Release : 2023-07-31
Category : History
ISBN : 8210379456XXX

Get Book

The Merchant Bankers by Joseph Wechsberg Pdf

“This is a collection of casual articles about the seemingly forbidding subject of merchant banking and about some of the world’s most outstanding and venerable merchant bankers — Hambros, Barings, Warburg, in London; Mattioli in Milan; Abs in Frankfurt; Lehman Brothers in New York; and the Rothschilds in Paris and London... Joseph Wechsberg gives the history of each of these institutions, most of which remain family controlled, and he presents profiles of the men who are or have been their guiding lights, whose very character serves to distinguish each of these mysterious citadels from the other and from lesser breeds in the more understandable area of commercial banking. The most remarkable feature of this truly fascinating book is the amount of knowledge the author brings to bear upon his subject in a most unobtrusive way. The articles are rich in information and a pleasure to read.” — Kirkus “Mr. Wechsberg... has selected the names of seven merchant banks and bankers and written the story of each with a sparkling lucidity that is reminiscent of New Yorker Profiles... Mr. Wechsberg’s sketches of men and institutions make good reading.” — Saturday Review “New Yorker Correspondent Joseph Wechsberg[’s]... stories have a richness of color and some details of remarkable deals that have turned money into factories, jobs and useful products for everybody’s compound interest.” — Time Magazine

Author : Joseph Wechsberg
Publisher : Courier Corporation
Page : 388 pages
File Size : 51,7 Mb
Release : 2014-10-15
Category : History
ISBN : 9780486781181

Get Book

The Merchant Bankers by Joseph Wechsberg Pdf

This fascinating chronicle of the world's great financial families offers candid profiles of the personalities behind seven legendary banking houses: Hambros, which now survives in name only; Barings, the oldest British banking dynasty; the Rothschilds, who amassed the largest private fortune in modern history; the Warburgs, a German dynasty of Venetian origin dating from the sixteenth century; the venerable Hermann Josef Abs, long-time chairman of Deutsche Bank; Lehman Brothers, formerly the oldest continuing partnership in American investing; and the eccentric and culturally savant financier Raffaele Mattioli, who headed Banca Commerciale Italiana. Focusing on figures of late-nineteenth-century London, this chronicle marks the distinctions between the cloistered Old World aristocracy and the rise of the high-stakes investors of Wall Street. Written by a longtime correspondent for the New Yorker, this fascinating account of daring financial adventures and their merchant banker orchestrators provides a wealth of context for understanding the evolution of modern investment banking. A new Foreword has been written specially for this edition by Christopher Kobrak, Wilson/Currie Chair of Canadian Business and Financial History at the Rotman School of Management, University of Toronto. Dover (2014) republication of the edition originally published by Little, Brown and Company, Boston, 1966. See every Dover book in print at www.doverpublications.com

Author : Brian O'Sullivan
Publisher : Springer
Page : 410 pages
File Size : 45,6 Mb
Release : 2018-12-11
Category : Business & Economics
ISBN : 9783319966984

Get Book

From Crisis to Crisis by Brian O'Sullivan Pdf

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.

Author : Philip Augar
Publisher : Penguin UK
Page : 305 pages
File Size : 41,8 Mb
Release : 2008-12-04
Category : Business & Economics
ISBN : 9780141964140

Get Book

The Death of Gentlemanly Capitalism by Philip Augar Pdf

A revolution took place in the City in the 80s and 90s. The cosy club of British merchant banking collapsed in a series of sell-outs, closures and scandals. This left the City dominated by US and European giants. Was this the inevitable result ofglobalization or did mismanagement play a part? This is the first book to look at how and why the British merchant banks and brokers sold out, and where that leaves us. Augar tells this fascinating story with pace and drama, taking us through the Thatcher years, the crash of 1987, Big Bang, and the aggressive invasion of the American banks. He looks at why the British banks failed to keep pace with the Americans, what this says about the way they were run, and what this means for the future.

Author : Youssef Cassis,Richard S. Grossman,Catherine R. Schenk
Publisher : Oxford University Press
Page : 552 pages
File Size : 42,9 Mb
Release : 2016-06-23
Category : Business & Economics
ISBN : 9780191633218

Get Book

The Oxford Handbook of Banking and Financial History by Youssef Cassis,Richard S. Grossman,Catherine R. Schenk Pdf

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.

Author : Robert Cunnew,Alison Scammell
Publisher : Routledge
Page : 336 pages
File Size : 51,7 Mb
Release : 2017-09-29
Category : Reference
ISBN : 9781317571285

Get Book

The Financial Services Sourcebook by Robert Cunnew,Alison Scammell Pdf

Provides a first port of call for those seeking information sources in a sector that has undergone tremendous change in recent years. Includes information on banks and building societies, insurance companies, investment funds and pension funds. Highlights essential reference works, consumer information, career guides, technical reports, official publications, market and company research, product information and electronic resources. Identifies the most appropriate sources and provides assistance in choosing between competing items and provides an overview of significant international sources

Author : Youssef Cassis,P. L. Cottrell
Publisher : Oxford University Press, USA
Page : 316 pages
File Size : 43,7 Mb
Release : 2015
Category : Business & Economics
ISBN : 9780198735755

Get Book

Private Banking in Europe by Youssef Cassis,P. L. Cottrell Pdf

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.

Author : Richard Roberts
Publisher : Springer
Page : 695 pages
File Size : 46,7 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9781349096503

Get Book

Schroders by Richard Roberts Pdf

J.Henry Schroder Wagg & Co has been a leading merchant bank of the City of London for more than a century. This book tells its history, from its founding in 1818 by John Henry Schroder, a Hamburg merchant, through difficult times in the international slump of the early 1930s, to its rise to one of the largest and most prestigious of city firms in London today.

Author : Manuel Llorca-Jaäna
Publisher : Unknown
Page : 168 pages
File Size : 44,5 Mb
Release : 2016
Category : Banks and banking
ISBN : 135154392X

Get Book

The Globalization of Merchant Banking Before 1850 by Manuel Llorca-Jaäna Pdf

Author : Youssef Cassis
Publisher : Cambridge University Press
Page : 409 pages
File Size : 48,6 Mb
Release : 2010-03-18
Category : Business & Economics
ISBN : 9780521144049

Get Book

Capitals of Capital by Youssef Cassis Pdf

`...useful reading for anyone interested in the antecedents of today's vibrant international financial markets.' --

Author : Youssef Cassis,Philip L. Cottrell
Publisher : OUP Oxford
Page : 264 pages
File Size : 47,8 Mb
Release : 2015-08-20
Category : Business & Economics
ISBN : 9780191054617

Get Book

Private Banking in Europe by Youssef Cassis,Philip L. Cottrell Pdf

Private bankers have been defined as owner-managers of their bank, irrespective of their type of activity, which could be in any field of banking, sometimes in conjunction with another one, especially commerce in the earlier periods. Analysing the experiences of European private bankers from the early modern period to the early twenty-first century, this book starts by examining the slow emergence of specialist private bankers, largely from amongst those who provided commercial credit. This initial consideration culminates in a focus upon the roles that they played, both during the onset of the continent's industrialization, and in orchestrating the finances of the emerging world economy. Its second theme is private banking's waning importance with the rise of joint-stock competitors, which became increasingly apparent in Britain during the mid-nineteenth century, and elsewhere within Europe some decades later. Lastly, attention is paid to the decline of private bankers in the twentieth century -a protracted and uneven decline, combined with the persistence and even the enduring success of some segments of the profession. It concludes with the revival of private banking in the late twentieth century as a response to the development of a new market - the management of personal wealth.