Deutsche Bank: The Global Hausbank, 1870 – 2020

Deutsche Bank: The Global Hausbank, 1870 – 2020
Author: Werner Plumpe
Publisher: Bloomsbury Publishing
Total Pages: 901
Release: 2020-03-05
Genre: Business & Economics
ISBN: 1472977300

A comprehensive history of one of the major players in the world of international finance. Over the course of its 150-year history, Deutsche Bank has established itself as a major player in the world of international finance, but has also been confronted by numerous challenges that have changed the face of Europe – from two world wars, to the rise and subsequent fall of communism. In this major work on the bank's history, Werner Plumpe, Alexander Nützenadel and Catherine R. Schenk deliver a vibrant account of the measures the bank undertook in order to address the profound upheavals of the period, as well as the diverse and unusual demands it had to face. These included the First World War, which brought the world's first period of globalization to a sudden and dramatic end, but also the development of the predominantly national framework within which the bank had to operate from 1914 until the fall of the Berlin Wall in 1989. More recently, the focus has shifted back to European and global activities, with Deutsche Bank forging new paths into the Anglo-American capital markets business – so opening another extraordinary chapter for the bank.

International Banking 1870-1914

International Banking 1870-1914
Author: Rondo Cameron
Publisher: Oxford University Press
Total Pages: 670
Release: 1992-03-12
Genre: Business & Economics
ISBN: 0195345126

This book, the product of a unique international scholarly collaboration sponsored jointly by the American Council of Learned Societies and the Soviet Academy of Sciences, provides a comprehensive survey on international banking from 1870 to 1914. In that period international investment reached dimensions previously unknown, and the banking systems of the world achieved a degree of internationalization without precedent. The book's authors, twenty-five scholars from fifteen countries, are the acknowledged experts in their fields. They detail the origin and development of internationally oriented banks in each major country, and explain their role in foreign investment and industrial finance. They look at all areas of the world that were involved in international investment, either as investors, recipients of investment, or both. The definitive work on international banking from 1870 to 1914, this book will interest scholars and students in financial and banking history, bankers and economists in the finanical industry, and general historians.

The Globalization of Corporate Governance

The Globalization of Corporate Governance
Author: Alan Dignam
Publisher: Routledge
Total Pages: 458
Release: 2016-03-09
Genre: Law
ISBN: 1317030079

The process of economic globalization, as product and capital markets have become increasingly integrated since WWII, has placed huge, and it is argued by some, irresistible pressures on the world's 'insider' stakeholder oriented corporate governance systems. Insider corporate governance systems in countries such as Germany, so the argument goes, should converge or be transformed by global product and capital market pressures to the 'superior' shareholder oriented 'outsider' corporate governance model prevalent in the UK and the US. What these pressures from globalization are, how they manifest themselves, whether they are likely to cause such a convergence/transformation and whether these pressures will continue, lie at the heart of the exploration in this volume. The Globalization of Corporate Governance provides a detailed analysis of the evolution of the key corporate governance systems in the UK, the US and Germany from the perspective of the development of economic globalization. As such it is a valuable resource for those interested in how economic and legal reforms interact to produce change within corporate governance systems.

The Berlin-Baghdad Railway and the Ottoman Empire

The Berlin-Baghdad Railway and the Ottoman Empire
Author: Murat Özyüksel
Publisher: Bloomsbury Publishing
Total Pages: 437
Release: 2016-08-30
Genre: Political Science
ISBN: 1786721627

Railway expansion was the great industrial project of the late 19th century, and the Great Powers built railways at speed and reaped great commercial benefits. The greatest imperial dream of all was to connect the might of Europe to the potential riches of the Middle East and the Ottoman Empire. In 1903 Imperial Germany, under Kaiser Wilhelm II, began to construct a railway which would connect Berlin to the Ottoman city of Baghdad, and project German power all the way to the Persian Gulf. The Ottoman Emperor, Abdul Hamid II, meanwhile, saw the railway as a means to bolster crumbling Ottoman control of Arabia. Using new Ottoman Turkish sources, Murat Ozyuksel shows how the Berlin-Baghdad railway became a symbol of both rising European power and declining Ottoman fortunes. It marks a new and important contribution to our understanding of the geopolitics of the Middle East before World War I, and will be essential reading for students of empire, Industrial History and Ottoman Studies.

East Meets West - Banking, Commerce and Investment in the Ottoman Empire

East Meets West - Banking, Commerce and Investment in the Ottoman Empire
Author: Monica Pohle Fraser
Publisher: Routledge
Total Pages: 351
Release: 2016-12-05
Genre: History
ISBN: 1351942190

Bringing together cultural, economic and social historians from across Europe and beyond, this volume offers a consideration from a number of perspectives of the principal forces that further integrated the Ottoman Empire and Western Europe during the first century of industrialisation. The essays not only review and analyse the commercial, financial and monetary factors, negative as well as positive, that bore upon the region's initial stages of modern transformation, but also provide a ready introduction to major aspects of the economy and society of the Ottoman Empire in the nineteenth century. Beginning with two chapters providing the context to the development of Ottoman relations with Western Europe up to the second half of the nineteenth century, the collection then moves on to explore more specific questions of trade links, the impact of improved transportation and communications, the development and changing nature of Ottoman finance and banking, as well as European investment in Turkey. The outcome is a broad ranging consideration of how all these issues played a fundamental role in the final decades of the Ottoman Empire and the emergence of Turkey as a modern state with links to both east and west. The essays in this collection derive from the EABFH colloquium held in the Imperial Mint, Istanbul, in October 1999.

Economic Transformations in East and Central Europe

Economic Transformations in East and Central Europe
Author: David F. Good
Publisher: Routledge
Total Pages: 318
Release: 1994-09-22
Genre: Business & Economics
ISBN: 1134830874

This book provides an invaluable guide to understanding the current problems of this volatile region, demonstrating that the area's economic history over the last century has vital legacies for its economic future.

Oil and the Great Powers

Oil and the Great Powers
Author: Anand Toprani
Publisher: Oxford University Press
Total Pages: 316
Release: 2019-04-04
Genre: History
ISBN: 0192571591

The history of oil is a chapter in the story of Europe's geopolitical decline in the twentieth century. During the era of the two world wars, a lack of oil constrained Britain and Germany from exerting their considerable economic and military power independently. Both nations' efforts to restore the independence they had enjoyed during the Age of Coal backfired by inducing strategic over-extension, which served only to hasten their demise as great powers. Having fought World War I with oil imported from the United States, Britain was determined to avoid relying upon another great power for its energy needs ever again. Even before the Great War had ended, Whitehall implemented a strategy of developing alternative sources of oil under British control. Britain's key supplier would be the Middle East - already a region of vital importance to the British Empire - whose oil potential was still unproven. As it turned out, there was plenty of oil in the Middle East, but Italian hostility after 1935 threatened transit through the Mediterranean. A shortage of tankers ruled out re-routing shipments around Africa, forcing Britain to import oil from US-controlled sources in the Western Hemisphere and depleting its foreign exchange reserves. Even as war loomed in 1939, therefore, Britain's quest for independence from the United States had failed. Germany was in an even worse position than Britain. It could not import oil from overseas in wartime due to the threat of blockade, while accumulating large stockpiles was impossible because of the economic and financial costs. The Third Reich went to war dependent on petroleum synthesized from coal, domestic crude oil, and overland imports, primarily from Romania. German leaders were confident, however, that they had enough oil to fight a series of short campaigns that would deliver to them the mastery of Europe. This plan derailed following the victory over France, when Britain continued to fight. This left Germany responsible for Europe's oil requirements while cut off from world markets. A looming energy crisis in Axis Europe, the absence of strategic alternatives, and ideological imperatives all compelled Germany in June 1941 to invade the Soviet Union and fulfill the Third Reich's ultimate ambition of becoming a world power - a decision that ultimately sealed its fate.