Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Decision Taking, Confidence and Risk Management in Banks from Early Modernity to the 20th CenturyInvestigating Attitudes to Risk in British Banking: A Case Study of Barclays’ Branch Banking System, c. 1900–80

Decision Taking, Confidence and Risk Management in Banks from Early Modernity to the 20th... [Risk-taking is both a central and an inescapable aspect of modern-day commercial banking. However, up until now, the story of how banks coped with and managed risk in the past has remained largely untold. This paper goes some way to redressing this notable blind spot in the historical literature by providing a detailed investigation of how one major British commercial bank—Barclays Bank—went about the inherently risky process of providing loans to small and local businesses in the period between 1900 and 1980. Ultimately, what it shows is that, despite the many advances made in accounting and bookkeeping during this period, interpersonal relationships and local connections continued to fulfil a key role in most lending decisions taken during this era.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Decision Taking, Confidence and Risk Management in Banks from Early Modernity to the 20th CenturyInvestigating Attitudes to Risk in British Banking: A Case Study of Barclays’ Branch Banking System, c. 1900–80

Download PDF
15 pages

Loading next page...
 
/lp/springer-journals/decision-taking-confidence-and-risk-management-in-banks-from-early-NK0KLkbVys

References (25)

Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s) 2017
ISBN
978-3-319-42075-2
Pages
173 –188
DOI
10.1007/978-3-319-42076-9_8
Publisher site
See Chapter on Publisher Site

Abstract

[Risk-taking is both a central and an inescapable aspect of modern-day commercial banking. However, up until now, the story of how banks coped with and managed risk in the past has remained largely untold. This paper goes some way to redressing this notable blind spot in the historical literature by providing a detailed investigation of how one major British commercial bank—Barclays Bank—went about the inherently risky process of providing loans to small and local businesses in the period between 1900 and 1980. Ultimately, what it shows is that, despite the many advances made in accounting and bookkeeping during this period, interpersonal relationships and local connections continued to fulfil a key role in most lending decisions taken during this era.]

Published: Jan 27, 2017

Keywords: Commercial Bank; Local Business; Local Branch; Head Office; Loan Application

There are no references for this article.