The Globalization of Merchant Banking Before 1850 : The Case of Huth & Co.
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| Title: | The Globalization of Merchant Banking Before 1850 : The Case of Huth & Co. |
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| Description: | 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. Though 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 seventy countries. Based on archival research, this comparative study provides a new chronology of early nineteenth-century commercial and financial expansion.Huth & Co. were truly market-makers and key intermediaries of commodities and capital flows in the international economy. This is an important example of a firm shaping globalisation 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 periodThis book will be of great interest to business and economic historians interested in the nature of the early decades of the first globalization. |
| Authors: | Manuel Llorca-Jaña |
| Resource Type: | eBook. |
| Subjects: | Banks and banking--Great Britain--History, Merchant banks--Great Britain--History |
| Categories: | BUSINESS & ECONOMICS / Economic History, BUSINESS & ECONOMICS / Economics / General |
| Database: | eBook Collection (EBSCOhost) |
| Abstract: | 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. Though 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 seventy countries. Based on archival research, this comparative study provides a new chronology of early nineteenth-century commercial and financial expansion.Huth & Co. were truly market-makers and key intermediaries of commodities and capital flows in the international economy. This is an important example of a firm shaping globalisation 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 periodThis book will be of great interest to business and economic historians interested in the nature of the early decades of the first globalization. |
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| ISBN: | 9781848936072 9780367597924 9781351543941 9781351543934 9781781448809 9781315086385 |
