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Item Details
Title: CRISIS BANKING IN THE EAST
THE HISTORY OF THE CHARTERED MERCANTILE BANK OF LONDON, INDIA AND CHINA, 1853-93
By: Stuart Muirhead, Edwin Green
Format: Paperback

List price: £53.99
Our price: £48.59
Discount:
10% off
You save: £5.40
ISBN 10: 1138267473
ISBN 13: 9781138267473
Availability: Reprinting. This item may be subject to delays or cancellation.
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Stock: Currently 0 available
Publisher: TAYLOR & FRANCIS LTD
Pub. date: 31 October, 2016
Series: Studies in Banking and Financial History
Pages: 408
Synopsis: The Chartered Mercantile Bank is one of the constituent banks of the huge Hongkong and Shanghai bank. This study charts its first 40 years as one of the pioneering banks of the Far East. The Chartered Mercantile became the leading exchange bank in India and South East Asia whilst always retaining its head office in the pivotal London market. Based upon meticulous research using a particularly rich set of banking archives, the book describes the complex political and financial circumstances on the subcontinent during the bank's early years and introduces the personalities in the Indian business and London banking worlds who guided the infant institution. The volatility of local markets is analysed, with portraits of the banks and merchant houses which did not survive the many financial crises in the East also included. This book will do much to remedy the lack of existing research into international finance, and Eastern banking in particular, in the 19th century.It provides an inside view of the workings of an Eastern bank - the nature of its business, methods of payment and exchange, recruitment and career patterns of staff, and includes valuable new material on the role of European bankers in an eastern setting.
Publication: UK
Imprint: Routledge
Returns: Returnable
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