eBook

The Globalization of Merchant Banking before 1850

Llorca-Jaña, Manuel

2016,2017,2015

Overview

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. Although 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 70 countries. Based on archival research, this comparative study provides a new chronology of early nineteenth-century commercial and financial expansion. Huth & Co. was a true market-maker and acted as a key intermediary of commodities and capital flows in the international economy. This is an important example of a firm shaping globalization 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 period. This book will be of great interest to business and economic historians interested in the nature of the early decades of globalization.

• Publisher: Routledge,Taylor and Francis,Taylor & Francis Group
• Subject: 1777-1850 / agent / banker / Bankgeschichte / Banks and banking / Banks and banking -- Great Britain -- History / branch / confi / dential / Economics, Finance and Accounting / Fred. Huth & Co / Fred. Huth & Co. -- History / frederick / Globalisierung / Great Britain / Great Britain -- Commerce -- History / Großbritannien / History / house / huth / Internationale Bank / london / Merchant banks / Merchant banks -- Great Britain -- History / nance
• ISBN: 1848936079, 9781848936072, 0367597926, 9780367597924