The Death of Gentlemanly Capitalism: The Rise and Fall of London's Investment Banks

Philip Augar

ISBN 10: 0140286675 / ISBN 13: 9780140286670

Published by London: Penguin Books, 2000

About this Item

First edition (first printing). Hardback. Dust wrapper over black boards with silver titles to the spine; Measures 9½" x 6¼" (1.1 kg); pp (xvii) 397; Index; Includes: Glossary; Tables; || The book is on the shelf, ready to be appropriately packed, and posted from the pastoral paradise of Peasedown St. John, Bath, by a real bookseller in a real book shop - with my personal guarantee and beady eye on the Consumer Contracts Regulations. REMEMBER! Buying my copy means the book shop Jack Russells get their supper! My Book #207146 ||.

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Bibliographic Details

• Title: The Death of Gentlemanly Capitalism: The Rise and Fall of London's Investment Banks
• Publisher: London: Penguin Books
• Publication Date: 2000
• ISBN 10: 0140286675
• ISBN 13: 9780140286670
• Binding: Hardback in Dust Wrapper.
• Edition: 1st Edition
• Condition: Very Good+
• Dust Jacket Condition: Very Good+
• Seller catalogs:
  • Financial

About this title

Synopsis

This work will examines the decline of the British merchant bank during the 1980's and 90's. The story of Barings is commonly told, but Barings was just one of a significant number of British merchant banks which collapsed, were sold, or simply gave up. Only four now remain, and all of these survivors are independent of outside institutional shareholders. Phillip Augar takes us through the boom of the Thatcher years, the crash of 1987, the "Big Bang" and the impact of technology, and the aggressive invasion of the American banks. He looks at why the British banks failed to keep pace with these changes like their American counterparts, and what this says about the way they were run, and the way that companies in general are run. He also examines the issue of ownership and shareholding, which appear pertinent given that the four surviving British merchant banks are independent.

About the Author

For over twenty years, Philip Augar has been one of the City's top brokers. After building NatWest's equities business into a leading position, he transformed Schroder Securities and most recently was a member of the team that negotiated the sale of Schroders' investment bank to Citigroup.