Emergence of the Trust Company in New York City 1870-1900
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Atlantic Mutual Insurance Company
Author_H. Peers Brewer
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Central Trust
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Equitable Life Assurance Society
Express Trusts
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financial history
financial intermediaries
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Income Statement Figures
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loans
Major Financial Capitalists
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Mercantile Trust
Multiple Interlocks
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National Bank Act
nineteenth century finance
origins of modern banking industry
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Sudden Relaxation
Superior Growth Rate
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Trust Company
Trust Company Deposits
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York Clearing House Association
York Clearing House Banks
Product details
- ISBN 9781138090323
- Weight: 453g
- Dimensions: 156 x 234mm
- Publication Date: 12 Feb 2019
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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Between 1875 and 1900, the assets of trust companies in New York City grew at a compound annual rate of 9.6%, compared with 4.1% for national banks. The purpose of this book, first published in 1986, is to bring to light the entrepreneurial, economic and political forces which prompted the growth of the trust companies and resolved the movement into a well-defined financial intermediary and eventually led to the merging of the trust movement with commercial banks.
