Respectable Banking. The search for stability in London's money and credit markets since 1695
Details:
- Author(s) Hotson, Anthony C
- Publication type Monograph
- Year published 2017
- Pages 276pp
- Publisher Cambridge University Press
- Place Published Cambridge
Topics:
- Name Capital and money markets, etc
Countries:
Library:
- Name British Library
- City London
- County Greater London
- Country England
- Postcode NW1 2DB
- Visit British Library's website
Groups:
Notes:
Deals with the historic search for stability in the financial markets and in particular the adoption of sound banking practices from the late 19th century which 'informed a range of market practices that limited aggressive forms of funding, and discouraged speculative lending'; the consequences resulting from their subsequent erosion. Chapters include: 'Principles and practice'; 'Minted currency and the bullion market'; 'Credit markets and clearing banks'; 'Liability management redux'; 'Bankers against speculation'; 'History and policy'