Saving the City

"In London, the world's foremost financial center, the week before the outbreak of the First World War saw the breakdown of the markets, culminating with the closure for the first time ever of the London Stock Exchange on Friday 31 July. Outside the Bank of England a long anxious queue waited to change bank notes for gold sovereigns. Bankers believed that a run on the banks was underway, threatening the collapse of the banking system - all with the nation obn the brink of war. ... This ... 'missing piece' in the world's financial development was the first true global financial crisis, and proved a landmark in the management of financial crises."--Book jacket.

Year

2013

Language

English

Publisher

Oxford University Press

Editions

1

Pages

304

ISBN

9780199646548

Data source: Wikidata