£124.73

Routledge : The Emergence of the Trust Company in NYC 1870-1900

Name: Routledge: The Emergence of the Trust Company in NYC 1870-1900
Brand: Routledge
Price: 126.71 GBP
Availability: InStock

Company Histories

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Description

Explore the historical evolution of New York City's financial landscape with this specialized volume from the Routledge Library Editions: History of Money, Banking and Finance. This work examines the period between 1875 and 1900, a time when trust companies experienced massive growth, with assets increasing at a compound annual rate of 9.6% compared to just 4.1% for national banks. Originally published in 1986, this book provides a detailed look at the entrepreneurial, economic, and political forces that drove the expansion of trust companies. It tracks how these institutions transformed into well-defined financial intermediaries and explains the historical processes that eventually led to the merger of the trust movement with commercial banks. This text is a valuable resource for anyone studying the history of American finance and the development of banking structures in the late 19th century.

Key Features

Provides a detailed analysis of the rapid growth of trust companies in New York City between 1875 and 1900.

Examines the specific economic and political forces that shaped the development of financial intermediaries.

Offers a comparative look at asset growth rates between trust companies and national banks during the late 19th century.

Traces the historical path of the trust movement and its eventual merger with commercial banking sectors.

Part of the authoritative Routledge Library Editions series on the history of money, banking, and finance.

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 113809028X
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Company Histories
Domain: Amazon UK
Release Date: 16 August 2017
Listed Since: 08 March 2017

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Routledge : The Emergence of the Trust Company in NYC 1870-1900

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