Affordable Access

Universal Banking in Historical Perspective

Authors
Disciplines
  • Economics

Abstract

The paper offers a survey of the historical literature on the 19th and 20th century development of universal banking. It is basically a country-by-country survey with strong emphasis on Europe and the era of industrialization up to 1914. It concludes that universal banking, which can be interpreted as an efficient institutional response to problems of informational asymmetry, was a comparatively successful economic institution in the 19th century, less so in the 20th.

There are no comments yet on this publication. Be the first to share your thoughts.

Statistics

Seen <100 times
0 Comments

More articles like this

Cord blood banking: a historical perspective.

on British Journal of Haematology October 2009

Universal banking: A shareholder value perspective

on European Management Journal Jan 01, 1997

The Stability of the Japanese Banking System: A Hi...

on Journal of the Japanese and In... Jan 01, 1993
More articles like this..