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Private Banking in EuropeRise, Retreat, and Resurgence$
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Youssef Cassis and Philip L. Cottrell

Print publication date: 2015

Print ISBN-13: 9780198735755

Published to Oxford Scholarship Online: September 2015

DOI: 10.1093/acprof:oso/9780198735755.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 25 July 2021

War and Economic Transformation, 1793–1815

War and Economic Transformation, 1793–1815

(p.78) (p.79) Chapter 3 War and Economic Transformation, 1793–1815
Private Banking in Europe

Youssef Cassis

Philip L. Cottrell

Oxford University Press

More than twenty years of almost continuous warfare had a very substantial impact, affecting bankers and financiers throughout Europe. The third chapter analyses its wide-ranging effects: by examining the consequences for the continent’s most important mercantile and financial centres, which were negative for Amsterdam, Hamburg and Frankfurt, but accelerated London’s rise to a dominant position; by reviewing how the war with Revolutionary and Napoleonic France was financed; and by assessing the effect of long-lasting wartime inflation upon private banking, particularly in England and France.

Keywords:   private bankers, financiers, revolution, war, Amsterdam, London, Paris

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