Financial History Review

"Who owned Citibank?" New research by Charles Calomiris and Elliot S. M. Oh. They study factors influencing individuals’ decisions to purchase Citibank stock during the 1920s. cambridge.org/core/journals/…

Explore the evolution of #Germany 's financial sector post-#Wirtschaftswunder. @KemmererHistory and @bankinghistory dive into the era of ‘Gentlemen’s agreements,’ national sovereignty, and global integration. Did these informal deals shield or advance Germany’s economy? Why wasn’t the Deutsche Mark made a global #reservecurrency? Was limiting #foreigninvestment the right call? This period shaped European integration and monetary power—did Germany get it right? Tune in for the full story. 🎧💡 #FinanceandHistory #eabhPodcast open.spotify.com/episode/0Op33r…

Our assistant editor was interviewed on New Zealand Breakfast TV on the impact of AI on banking and finance.

The 1920–21 recession wasn't purely laissez-faire. The War Finance Corporation (WFC) stepped in, lending to support exports & later aiding banks hit by the agricultural crisis. Bank suspensions plummeted in 1922. How much did WFC liquidity help? cambridge.org/core/journals/…

Was gold trading efficient when it was the backbone of the monetary system? New research reconstructs daily London Gold Fixing prices & tests market efficiency: Gold was inefficient when prices were market-driven and under central bank intervention. cambridge.org/core/journals/…

New papers! The efficiency of the London Gold Fixing Saving for a stormy day? The Jamaican Government Savings Bank and the precautionary savings motive Assessing the 1921–1922 federal financial rescue: the War Finance Corporation Bank lending program cambridge.org/core/journals/…

Did Britain's economic liberalization fuel the 1844–45 railway stock boom? As Parliament embraced free markets, railway shares soared. Policy shift or pure speculation? #History #stockmarket #crash cambridge.org/core/journals/…

The 2025 EABH Annual Meeting takes place in Paris: Thursday, 12 June 2025 Archives, artefacts, and professional practices Call for papers: lnkd.in/esark-NS Friday, 13 June 2025 Public Debt & Financial Stability Call for papers: lnkd.in/eRjpisJ4 @bankinghistory

🌍📚 Call for Papers | Corporate Heritage Collections Join us in Paris (June 2025) to explore how archives, artifacts, & know-how shape the future of the banking & financial sectors. Submit your abstract by Jan 15, 2025! bankinghistory.org/wp-content/upl… #CorporateHeritage #Preservation #BankingHistory #Archives #Finance #FinancialHistory @FinanceHistory1 @Archivchronicle @MonnaieDeParis

Why Does the U.S. Lead Investment Banking? 🇺🇸💰 In Episode 7.2 of the #eabhPodcast, @CarolineFohlin (Emory) and Hugo Banziger (eabh) explore: 🔹 How did the U.S. outpace Europe? 🔹 Why is its dominance so resilient? 🔹 The impact of mutual funds, regulations, and political networks. Dive into the forces behind U.S. supremacy in global finance. Don't miss it! 🎧 Listen here: open.spotify.com/episode/1XMEaU… #InvestmentBanking #MutualFunds #PensionFunds #InstitutionalInvestors #FinancialHistory #eabh @bankinghistory @GertjanV_

Our editor @CarolineFohlin with an insightful episode on US investment banking. Worth a listen!

Did policymakers neglect monetary policy? While money supply experiments began in the late '60s, a nonmonetary view of inflation dominated early '70s decision-making—until money targets gained traction later in the decade. cambridge.org/core/journals/…

Unlike Western Europe, Spain shifted from city-based money markets to central banking without a nationwide banking system. New data reveals price formation, market asymmetries & why lower transaction costs didn’t mean greater efficiency. cambridge.org/core/journals/…

We have some cool papers lined up: Democratization & foreign borrowing costs in early globalization Medieval Europe's small change problem 19th-c Spain: city markets → central banking UK inflation in the 1970s: monetary vs. nonmonetary causes A thread 🧵

A big congrats to @tylersmuir on winning the Fischer-Black prize, demonstrating significant original research that is relevant to finance practice! Did you know that Dr. Muir also had a paper in FHR last year? Read more of "1930, First Modern Crisis": cambridge.org/core/journals/…

Article published in FHR: "We study the association of shareholder returns with liberalization in government policy during Britain's railway run-up of 1844–5. The findings sustain two main claims". Read more in the paper: cambridge.org/core/journals/…

We are delighted to announce that all articles accepted for publication in FHR from 10th December 2024 will be ‘open access’, published with a Creative Commons licence and freely available to read online. @CarolineFohlin @MusacchioAldo @GertjanV_ cambridge.org/core/journals/…