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The Death of Gentlemanly Capitalism

The Rise and Fall of London's Investment Banks

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  • 416pages
  • 15 heures de lecture

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A revolution took place in the City in the 80s and 90s. The cosy club of British merchant banking collapsed in a series of sell-outs, closures and scandals. This left the City dominated by US and European giants. Was this the inevitable result ofglobalization or did mismanagement play a part? This is the first book to look at how and why the British merchant banks and brokers sold out, and where that leaves us. Augar tells this fascinating story with pace and drama, taking us through the Thatcher years, the crash of 1987, Big Bang, and the aggressive invasion of the American banks. He looks at why the British banks failed to keep pace with the Americans, what this says about the way they were run, and what this means for the future.

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The Death of Gentlemanly Capitalism, Philip Augar

Langue
Année de publication
2008
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Titre
The Death of Gentlemanly Capitalism
Sous-titre
The Rise and Fall of London's Investment Banks
Langue
Anglais
Publié
2008
Format
souple
Pages
416
ISBN10
0141043393
ISBN13
9780141043395
Séries
Évaluation
3,45 sur 5
Description
A revolution took place in the City in the 80s and 90s. The cosy club of British merchant banking collapsed in a series of sell-outs, closures and scandals. This left the City dominated by US and European giants. Was this the inevitable result ofglobalization or did mismanagement play a part? This is the first book to look at how and why the British merchant banks and brokers sold out, and where that leaves us. Augar tells this fascinating story with pace and drama, taking us through the Thatcher years, the crash of 1987, Big Bang, and the aggressive invasion of the American banks. He looks at why the British banks failed to keep pace with the Americans, what this says about the way they were run, and what this means for the future.