LEADER 02488nam0 22003131i 450 001 UON00520120 005 20240115100437.111 010 $a978-33-19-96697-7 100 $a20231116d2018 |0itac50 ba 101 $aeng 102 $aGB 105 $a|||| ||||| 200 1 $aFrom Crisis to Crisis$eThe transformation of merchant banking, 1914?1939$fBrian O'Sullivan 210 $aLondon$cPalgrave Macmillan$d2018 215 $aXVIII, 410 p.$d23 cm. 330 $aFrom 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. 410 1$1001UON00521892$12001 $aPalgrave studies in the history of finance. 606 $aSTORIA ECONOMICA$xSec. 20.$3UONC037895$2FI 606 $aFINANZA INTERNAZIONALE$xStoria$xSec. 20.$3UONC100264$2FI 620 $aGB$dLondon$3UONL003044 700 1$aO'SULLIVAN$bBrian$3UONV294073$01062831 712 $aPalgrave$3UONV265036$4650 801 $aIT$bSOL$c20240220$gRICA 899 $aSIBA - SISTEMA BIBLIOTECARIO DI ATENEO$2UONSI 912 $aUON00520120 950 $aSIBA - SISTEMA BIBLIOTECARIO DI ATENEO$dSI III STORIAEUR D A 3469 $eSI 49036 5 3469 $sBuono 951 $aSIBA - SISTEMA BIBLIOTECARIO DI ATENEO$bSI2023974 1J 20231116Bolla n. 585 del 4/12/2023. 996 $aFrom Crisis to Crisis$92528685 997 $aUNIOR