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In order to place European financial union into context, it is necessary to understand the banking history of each country, as this is inextricably linked with economic development. The papers that make up this text explore a variety of areas of European banking history.

Sweeping changes have taken place in the financial sector during the twentieth century. Two of the most notable changes have been the growth of global markets and institutions, and the introduction of computerisation. This volume charts the course of concentration and internationalisation in banking and also examines the influence and implications of new technologies on the industry s record-keeping practices. The exploration of concentration and internationalisation begins in the late nineteenth century and examines the effect of a wide range of factors, from macro-economic influences such...

The Mercantile Bank of India was one of a small band of British-managed banks which dominated Anglo-Eastern finance for most of the 20th century. Founded in London in 1893, the Mercantile inherited the business, branches, staff and even the distinctive cable address - Paradise, London - of its forerunner the Chartered Mercantile Bank of India, London and China. In the early 1900s the Mercantile Bank re-established a strong and quietly successful business in the East. After the First World War the Mercantile played a prominent part in banking development in Malaya. In addition to maintaining...