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The European Association for Banking and Financial History (eabh) e.V.


Inflation, Money, Output


History of Financial Institutions

Globalization is not an external force but a result of concrete business decisions made by millions of entrepreneurs and managers across the world. As such, the modern corporation has completely altered the economic landscape; business and finance have shaped the international order of the modern world.

History of Financial Institutions contributes to the analysis of how the modern corporation, business and finance have shaped and keep on shaping our world. In a collection of nine succinct essays, this volume looks at the role of finance in European history from the beginning of the 19th century to the period after the Second World War.

This book is essential reading for banking and finance executives, as well as policy makers with a historical interest. It will also be of importance to academics with a particular interest in economic history, financial or banking history, and European history.

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eabh 2017 Annual Report


Austrian Reconstruction and the Collapse of Global Finance, 1921–1931

In 1921 Austria became the first interwar European country to experience hyperinflation. The League of Nations, among other actors, stepped in to help reconstruct the economy, but a decade later Austria’s largest bank, Credit-Anstalt, collapsed.

Historians have correlated these events with the banking and currency crisis that destabilized interwar Europe—a narrative that relies on the claim that Austria and the global monetary system were the victims of financial interlopers. In this corrective history, Nathan Marcus deemphasizes the destructive role of external players in Austria’s reconstruction and points to the greater impact of domestic malfeasance and predatory speculation on the nation’s financial and political decline.


Financial Innovation, Regulation and Crises in History

With present concerns over the regulation of the banking industry continuing to make headlines, an examination of the historiography of financial crises is timely. With contributions from world-renowned figures such as Niall Ferguson, Adair Turner and William R. White, this volume investigates how financial institutions and markets have undergone or reacted to past pressures; the role of financial innovations in this process; and the regulatory responses that emerged as a result.


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Legacy of finance - Conference report


Calling London

Reports from centres of finance across the world set in historical context.

From 1904 to the 1960s managers of the Midland Bank travelled the world, especially Europe and the Americas. They visited centres of government, finance and industry and then reported back to London. They often arrived, by chance or intention, at crucial moments in history such as Russia in 1909 and 1929, Austria in 1931, Germany in 1933, France in 1944, China and Japan in 1948 and member countries of the Common Market in the early 1960s.

In an original and illuminating account, Edwin Green sets this rich archive in its historical context. While Calling London throws light on international conditions in some serious times, it also provides insights into the outlook of bankers on the world stage.

The author’s career in business archives and his long association with the eabh makes him uniquely qualified to guide researchers to this gold-mine of 20th century business archives.

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The Origins and Nature of Scandinavian Central Banking

This book explores the formation and evolution of Scandinavian central banks. It begins by defining the nature of “central banking” in general, before moving on to investigate how and when it became meaningful to regard today’s Scandinavian central banks as such. It also explores how Scandinavian central banks have conformed to the defined ideals of “central banks” over the last 100 years, clarifying the distinctions between commercial banks and central banks, and between central banks and departments of governments. The author shows how the outbreak of the Great War was the catalyst which fundamentally transformed the originally purely commercial banks into “central banks”. The book also analyses how different the three Scandinavian central banks are, how these differences can be explained by the different political and economic circumstances surrounding their original formation, and the differences in the political environments in which they later developed.


Les Banques centrales et l'Etat-nation

Banque et société XIXe-XXIe siècle

Private Banking in Europe

The first ever study of its kind on the history of private banking!

Private bankers have been defined as owner-managers of their bank, irrespective of their type of activity, which could be in any field of banking, sometimes in conjunction with another one, especially commerce in the earlier periods.

Analysing the experiences of European private bankers from the early modern period to the early twenty-first century, this book starts by examining the slow emergence of specialist private bankers, largely from amongst those who provided commercial credit. This initial consideration culminates in a focus upon the roles that they played, both during the onset of the continent’s industrialization, and in orchestrating the finances of the emerging world economy. Its second theme is private banking’s waning importance with the rise of joint-stock competitors, which became increasingly apparent in Britain during the mid-nineteenth century, and elsewhere within Europe some decades later. Lastly, attention is paid to the decline of private bankers in the twentieth century -a protracted and uneven decline, combined with the persistence and even the enduring success of some segments of the profession. It concludes with the revival of private banking in the late twentieth century as a response to the development of a new market – the management of personal wealth.

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The Critical Function of History in Banking and Finance


Banken in Leipzig

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Sovereign Debt and International Financial Control

Available at Palgrave

EABH Papers

The role of financial elites in banking supervision in Japan

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South Eastern European Monetary Statistics

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