The Globalization of Merchant Banking before 1850

London merchant bankers emerged during the 1820s in the wake of financial turmoil caused by the wars of American Independence, the Napoleonic campaigns and the Anglo-American war of 1812. Though the majority of merchant bankers remained cautious in their affairs, Huth & Co established an impressive global network of trade and lending, dealin

"This is a book written with great clarity and elegance...Without any doubt, this very interesting book is a compulsory reading for anyone interested in the world trade expansion of the nineteenth century." - Xabier Lamikiz, Investigaciones de Historia Económica - Economic History Research

Autorentext

Manuel Llorca-Jaña is Associate Professor of Economic and Business History at Universidad de Santiago, Chile.

Inhalt

1. Early life and activities of Frederick Huth, founder of the company, c.1777-1822 2. Expansion of the firm during the 1820s-1830s and the South American branches 3. The Spanish and German connections during the 1820s-1840s 4. The Liverpool branch, agents in Britain and the US connection 5. A global enterprise of trade and lending 6. Risk management credit strategies 7. Conclusions