Traces the evolution of commercail banking in the United States from the beginnings in the late eighteenth century until 1988. This title is a reprint.
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Did you know that commercial banks in the United States, which have been the main category of financial intermediary, did not begin until the late eighteenth century? They have been and continue to be an influential and powerful industry. This informative and fascinating book traces the history of commercial banking from its inception to 1988. The authoritative historical perspective provides a greater understanding of more recent times and of the many policy issues that have arisen through the years. In addition to being a remarkable piece of scholarship, it is a very readable book. It should be on the "must read" list of all students of finance and history, as well as others who are curious as to the role banks have played in our society.
Commercial banks have been America's main category of financial intermediary for many years. they have been and continue as an influential and powerful industry. Informative and fascinating, the book traces the evolution of commercial banking in the United States from its beginnings in the late eighteenth century until 1988. This historical perspective provides a greater understanding of more recent times and of the many policy issues that have arisen through the years...
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