Crisis Banking in the East - The History of the Chartered Mercantile Bank of London, India and China, 1853-93 (Paperback)

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.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Studies in Banking and Financial History
Release date:	November 2016
First published:	1996
Authors:	Stuart Muirhead • Edwin Green
Dimensions:	234 x 156mm (L x W)
Format:	Paperback
Pages:	400
ISBN-13:	978-1-138-26747-3
Categories:	Books > Humanities > History > World history > 1750 to 1900 Books > Humanities > History > British & Irish history > General Books > Humanities > History > Asian / Middle Eastern history > General Books > Humanities > History > History of specific subjects > Economic history Books > Social sciences > Sociology, social studies > Anthropology > General Books > Social sciences > Sociology, social studies > Social issues > General Books > Business & Economics > Business & management > Management & management techniques > General Books > History > Asian / Middle Eastern history > General Books > History > British & Irish history > General Books > History > History of specific subjects > Economic history Books > History > World history > 1750 to 1900
LSN:	1-138-26747-3
Barcode:	9781138267473

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