LEADER 03968nam 22006495 450 001 9910739418203321 005 20231102101310.0 010 $a3-031-35904-6 024 7 $a10.1007/978-3-031-35904-0 035 $a(MiAaPQ)EBC30711969 035 $a(Au-PeEL)EBL30711969 035 $a(DE-He213)978-3-031-35904-0 035 $a(CKB)28004904100041 035 $a(EXLCZ)9928004904100041 100 $a20230818d2023 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aSwitzerland and its Banks $eA Short History /$fby Nils Herger 205 $a1st ed. 2023. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2023. 215 $a1 online resource (185 pages) 225 1 $aFrontiers in Economic History,$x2662-978X 311 08$aPrint version: Herger, Nils Switzerland and Its Banks Cham : Springer International Publishing AG,c2023 9783031359033 327 $aChapter 1. Introduction and Overview -- Chapter 2. Historical Background -- Chapter 3. Banks in the Old Confederation and in Geneva (Before 1848) -- Chapter 4. Free Banking and the Foundation of the Swiss National Bank (1826-1907) -- Chapter 5. Railway Boom, the Big Banks, and the Ascent of Zurich as Financial Centre (1848-1914) -- Chapter 6. A Safe Haven in an Unstable World (1914-1945) -- Chapter 7. The Golden Age (1946-1970s) -- Chapter 8. Swiss Banking During Financial Globalisation (1970s-2008) -- Chapter 9. Global Financial Crisis, Too-big-to-fail Problem, and the End of Banking Secrecy (Since 2008) -- Chapter 10. Why Are There So Many Banks in Switzerland? A Tentative Answer. 330 $aThis book provides a history of Swiss banking not confined to stereotypical opinions about secret numbered accounts. Instead, the presented history covers other intriguing events and developments beyond the famous issue of banking secrecy and the corresponding scandals. Topics covered in the book include the early financial innovations by banks in Geneva to handle the sovereign risk on bonds issued in pre-revolutionary France, the monetary chaos that led to the creation of the Swiss franc, the rather peculiar banknote competition and free-banking system in Switzerland during most of the nineteenth century, how the country and its currency became a financial safe haven after World War I, the golden age of Swiss banking when Zurich was briefly one of the largest financial centres in the world, and the exceptional shocks during and after the recent global financial crisis. In sum, a fascinating story emerges about an internationally important banking centre in one of the most unlikely places in the world. This book is a must-read for students, scholars, and researchers of economics and finance, as well as practitioners interested in a better understanding of economic history in general, and Swiss banking in particular. . 410 0$aFrontiers in Economic History,$x2662-978X 606 $aEconomic history 606 $aFinancial services industry 606 $aMacroeconomics 606 $aInternational economic relations 606 $aEconomic History 606 $aFinancial Services 606 $aMacroeconomics and Monetary Economics 606 $aInternational Economics 615 0$aEconomic history. 615 0$aFinancial services industry. 615 0$aMacroeconomics. 615 0$aInternational economic relations. 615 14$aEconomic History. 615 24$aFinancial Services. 615 24$aMacroeconomics and Monetary Economics. 615 24$aInternational Economics. 676 $a332.109494 676 $a940 676 $a949.4 676 $a332.109494 700 $aHerger$b Nils$0960365 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910739418203321 996 $aSwitzerland and Its Banks$93552910 997 $aUNINA