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Synopsis
It started and ended with a financial catastrophe. The Darien disaster of 1700 drove Scotland into union with England, but spawned the institutions which transformed Edinburgh into a global financial centre. The crash of 2008 wrecked the city’s two largest and oldest banks – and its reputation. In the three intervening centuries, Edinburgh became a hothouse of financial innovation, prudent banking, reliable insurance and smart investing. The face of the city changed too as money transformed it from medieval squalor to Georgian elegance.
This is the story, not just of the institutions which were respected worldwide, but of the personalities too, such as the two hard-drinking Presbyterian ministers who founded the first actuarially-based pension fund; Sir Walter Scott, who faced financial ruin, but wrote his way out of it; the men who financed American railways and eastern rubber plantations with Scottish money; and Fred Goodwin, notorious CEO of RBS, who took the bank to be the biggest in the world, but crashed and burned in 2008.
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À propos de l'auteur
Ray Perman is a financial journalist who has reported for numerous publications, including the Financial Times. He is a former chief executive of the industry representative body, Scottish Financial Enterprise and a former director of the David Hume Institute.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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The Rise and Fall of the City of Money (Paperback)
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Birlinn General, Edinburgh, 2022
ISBN 10 : 178027680X
ISBN 13 : 9781780276809
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Paperback. Etat : new. Paperback. It started and ended with a financial catastrophe. The Darien disaster of 1700 drove Scotland into union with England, but spawned the institutions which transformed Edinburgh into a global financial centre. The crash of 2008 wrecked the city's two largest and oldest banks and its reputation. In the three intervening centuries, Edinburgh became a hothouse of financial innovation, prudent banking, reliable insurance and smart investing. The face of the city changed too as money transformed it from medieval squalor to Georgian elegance.This is the story, not just of the institutions which were respected worldwide, but of the personalities too, such as the two hard-drinking Presbyterian ministers who founded the first actuarially-based pension fund; Sir Walter Scott, who faced financial ruin, but wrote his way out of it; the men who financed American railways and eastern rubber plantations with Scottish money; and Fred Goodwin, notorious CEO of RBS, who took the bank to be the biggest in the world, but crashed and burned in 2008. This is the colourful story of how Edinburgh rose to be one of the top 10 financial centres in Europe and how the crisis of 2008 decimated its banking, insurance and investment institutions. Written by award-winning journalist Ray Perman who has reported on the Edinburgh financial industry for 40 years. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9781780276809
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The Rise and Fall of the City of Money: A Financial History of Edinburgh
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The Rise and Fall of the City of Money: A Financial History of Edinburgh
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ISBN 10 : 178027680X
ISBN 13 : 9781780276809
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The Rise and Fall of the City of Money (Paperback)
Edité par
Birlinn General, Edinburgh, 2022
ISBN 10 : 178027680X
ISBN 13 : 9781780276809
Neuf
Paperback
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Paperback. Etat : new. Paperback. It started and ended with a financial catastrophe. The Darien disaster of 1700 drove Scotland into union with England, but spawned the institutions which transformed Edinburgh into a global financial centre. The crash of 2008 wrecked the city's two largest and oldest banks and its reputation. In the three intervening centuries, Edinburgh became a hothouse of financial innovation, prudent banking, reliable insurance and smart investing. The face of the city changed too as money transformed it from medieval squalor to Georgian elegance.This is the story, not just of the institutions which were respected worldwide, but of the personalities too, such as the two hard-drinking Presbyterian ministers who founded the first actuarially-based pension fund; Sir Walter Scott, who faced financial ruin, but wrote his way out of it; the men who financed American railways and eastern rubber plantations with Scottish money; and Fred Goodwin, notorious CEO of RBS, who took the bank to be the biggest in the world, but crashed and burned in 2008. This is the colourful story of how Edinburgh rose to be one of the top 10 financial centres in Europe and how the crisis of 2008 decimated its banking, insurance and investment institutions. Written by award-winning journalist Ray Perman who has reported on the Edinburgh financial industry for 40 years. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. N° de réf. du vendeur 9781780276809
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