International Banking 1870-1914
Rondo Cameron, V. I. Bovykin
Oxford University Press, Mar 12, 1992 - Business & Economics - 672 pages
This book, the product of a unique international scholarly collaboration sponsored jointly by the American Council of Learned Societies and the Soviet Academy of Sciences, provides a comprehensive survey on international banking from 1870 to 1914. In that period international investment reached dimensions previously unknown, and the banking systems of the world achieved a degree of internationalization without precedent. The book's authors, twenty-five scholars from fifteen countries, are the acknowledged experts in their fields. They detail the origin and development of internationally oriented banks in each major country, and explain their role in foreign investment and industrial finance. They look at all areas of the world that were involved in international investment, either as investors, recipients of investment, or both. The definitive work on international banking from 1870 to 1914, this book will interest scholars and students in financial and banking history, bankers and economists in the finanical industry, and general historians.
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Part II Foreign Banks and Foreign Investment
Part III International Banking and Multinational Enterprise
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abroad activities American Archives Australia Austria-Hungary bank’s bankers banking system became Belgian Berlin bonds branch Britain British Chapter China commercial banks companies company’s countries Crédit Lyonnais debt deposits Deutsche Bank direct investment Diskonto-Gesellschaft domestic enterprises established Europe European exchange export firms foreign banks foreign capital foreign investment foreign trade France French banks funds German German banks gold Hongkong Bank Ibid Imperial important industrial institutions interest International Bank issue J. P. Morgan Japan joint-stock banks loans London McCormick Mendelssohn & Co ment merchant banks million francs million rubles mixed banks mortgage multinational National Bank Nobel operations Ottoman Ottoman Empire overseas participation percent period Petersburg Petersburg International political portfolio private banks production profits railroad railway role Rossii Rothschild Rothstein Royal Dutch-Shell rubles Russian banks sector securities shares Société Générale Standard Oil Stockholms Enskilda Bank Swedish syndicate tion United York
Page 4 - Branbanters, and Walloons, of whom a disproportionate number were merchants and skilled artisans, flooded into the northern cities. The ease with which Amsterdam achieved its rank as the principal entrepot of Europe was due in part to the influx of merchants and financiers from fallen Antwerp, who brought both their capitalist know-how and their liquid capital. In subsequent years the Netherlands continued to gain both financial and human capital by the inflow of religious refugees from the southern...
Page 9 - ... they hold important concessions of mines and coal pits in Spain, in the Rhenish provinces, and in Silesia; they hold a large and in some cases a predominating interest in numerous railways, iron works, coal pits, and banks in Belgium; they are about to establish lines of gigantic steamers . . . ; they are taking the lead in the project for cutting through the Isthmus at Suez; and they have a pretty considerable interest in the omnibuses of London. . . , 27 James de Rothschild observed the progress...