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The Death of Gentlemanly Capitalism

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The first book to look at how and why the British banking industry sold outA 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 of globalization, 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

Taal
Jaar van publicatie
2001
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(Paperback)
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Taal
Engels
Jaar van publicatie
2001
Formaat
Paperback
Aantal pagina's
416
ISBN10
0140286683
ISBN13
9780140286687
Reeks
Beoordeling
3,45 van 5
Aantekening
The first book to look at how and why the British banking industry sold outA 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 of globalization, 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.