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The Story of the Bank of England / (A History of English Banking, and a Sketch of the Money Market) cover

The Story of the Bank of England / (A History of English Banking, and a Sketch of the Money Market)

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About This Book

The work traces the emergence and evolution of a central English banking institution from its founding as a private company to its later regulatory and market roles, explaining its governance, division between note issue and banking operations, and weekly reserve reporting. It examines the institution's functions as government banker and mint agent, mechanisms of credit creation, interactions with country banks and stock markets, the influence of its rate on securities and short loans, periodic crises and public confidence, major currency drains, and the character and valuation of its own shares.

About the Author

Warren, Henry portrait

Henry Warren

Henry Warren was an author known for his contributions to the understanding of banking and finance in the early 20th century. His notable works include "Banks and Their Customers," which serves as a practical guide for individuals managing banking accounts, and "The Story of the Bank of England," a historical overview of English banking and the money market. Through these writings, Warren aimed to demystify banking practices for the general public, making complex financial concepts more accessible.

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