The Globalization of Merchant Banking before 1850

The Globalization of Merchant Banking before 1850
Author :
Publisher : Routledge
Total Pages : 179
Release :
ISBN-10 : 9781351543934
ISBN-13 : 1351543938
Rating : 4/5 (938 Downloads)

Book Synopsis The Globalization of Merchant Banking before 1850 by : Manuel Llorca-Ja?a

Download or read book The Globalization of Merchant Banking before 1850 written by Manuel Llorca-Ja?a and published by Routledge. This book was released on 2017-07-05 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: London merchant bankers emerged during the 1820s in the wake of financial turmoil caused by the wars of American Independence, the Napoleonic campaigns and the Anglo-American war of 1812. Though the majority of merchant bankers remained cautious in their affairs, Huth & Co established an impressive global network of trade and lending, dealing with over 6,000 correspondents in more than seventy countries. Based on archival research, this comparative study provides a new chronology of early nineteenth-century commercial and financial expansion.Huth & Co. were truly market-makers and key intermediaries of commodities and capital flows in the international economy. This is an important example of a firm shaping globalisation well before the transport and communication revolution of the last quarter of the nineteenth century. But rather than a case study, this is a comparative study concerned with the commercial and financial activities of the leading merchant-bankers of the periodThis book will be of great interest to business and economic historians interested in the nature of the early decades of the first globalization.


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