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The globalization of merchant banking before 1850 : the case of Huth & Co

Title
The globalization of merchant banking before 1850 : the case of Huth & Co. / Manuel Llorca-Jaña.
ISBN
1351543946
9781351543941
1848936079
9781848936072
Publication
Abingdon, Oxon ; New York, NY : Routledge, Taylor & Francis Group, 2016.
Copyright Notice Date
©2016
Physical Description
1 online resource (xvi, 168 pages) : illustrations
Local Notes
Access is available to the Yale community.
Access and use
Access restricted by licensing agreement.
Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.
Summary
"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."--Provided by publisher.
Variant and related titles
Taylor & Francis. EBA 2024-2025.
Other formats
Original
Format
Books / Online
Language
English
Added to Catalog
August 07, 2024
Series
Bibliography
Includes bibliographical references (pages 145-153) and index.
Contents
Early life and activities of Frederick Huth, founder of the company, c.1777-1822
Expansion of the firm during the 1820s-1830s and the South American branches
The Spanish and German connections during the 1820s-1840s
The Liverpool branch, agents in Britain and the US connection
A global enterprise of trade and lending
Risk management credit strategies
Conclusions.
Genre/Form
Electronic books.
Citation

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