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Banking on Global Markets - Deutsche Bank and the United States, 1870 to the Present (Hardcover, New)
Loot Price: R1,871
Discovery Miles 18 710
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Banking on Global Markets - Deutsche Bank and the United States, 1870 to the Present (Hardcover, New)
Series: Cambridge Studies in the Emergence of Global Enterprise
Expected to ship within 12 - 17 working days
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Banking on Global Markets uses the story of the U.S. business and
political dealings of Germany??'s largest bank to illuminate
important developments in the ongoing globalization of major
financial institutions. Throughout its nearly 140-year-long
history, Deutsche Bank served as one of Germany??'s principal
vehicles for forging economic and other links with the rest of the
world. Despite some early successes in the face of severe obstacles
for Deutsche Bank, the U.S. market probably remained Deutsche
Bank??'s highest foreign priority and its most frustrating
challenge. As with many foreign investors, Deutsche Bank found its
hopes of harnessing America??'s enticing opportunities often dashed
by many regulatory and political barriers. Relying on
primary-source material, Banking on Global Markets traces Deutsche
Bank involvement with the United States in the context of a
changing national and international regulatory and economic
environment that set the stage for its strategies and activities in
the United States, and, at times, even in its home country. It is
the story of how international cooperation furthered and conflict
hindered those endeavors, and how international banking evolved
from a very personalized business between nations to one dominated
by enormous transnational markets. It is a work designed for anyone
interested in how cross-border flows of information and capital
have affected history and how our modern form of globalization
distinguishes itself from that of earlier periods. A professor of
finance and writer of history, Christopher Kobrak weaves together
how these financial, political, and institutional developments have
helped shape the emerging new internationalorder.
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