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Lombard Street: A Description of the Money Market (1873) is a book by Walter Bagehot. [1] [2] [3] Bagehot was one of the first writers to describe and explain the world of international and corporate finance, banking, and money in understandable language. The book was initially printed in Great Britain by Henry S. King & Co. in 1873.
Charles Arthur Conant (July 2, 1861 – July 5, 1915) was an American journalist, author, and promoter who became recognized as an expert on banking and finance. [ 1 ] [ 2 ] Conant was descended from one of the earliest New England settlers ( Roger Conant ) and was born in Winchester, Massachusetts .
A History of Money and Banking in the United States is a 2002 book by economist Murray Rothbard, released posthumously based on his archived manuscripts. [1] The author traces inflations, banking panics, and money meltdowns from the Colonial Period through the mid-20th century.
The bank's initial public offering in July of 1791 was the largest such event in the young country's history, as the $8 million of offered shares were quickly snapped up by the nation's elite.
A History of Banking in all the Leading Nations, first published in 1896 by The Journal of Commerce, is a four-volume history of banking in North America, Europe, China and Japan. At the time of publication it was described as "the largest and most expensive treatise on banking yet published". [ 1 ]
Monetary economics is the branch of economics that studies the different theories of money: it provides a framework for analyzing money and considers its functions ( as medium of exchange, store of value, and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. [1]
UBS CEO Sergio Ermotti has taken on a challenge unprecedented in the history of global banking, and the stakes for him, the bank and global financial markets are sky-high.
The history of banking began with the first prototype banks, that is, the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities. This was around 2000 BCE in Assyria , India and Sumer .