Banking on Global Markets

Erscheinungsjahr 2015
ISBN: 978-0-521-86325-4
Verlag: Cambridge University Press

Buch, Englisch, 504 Seiten, Format (B × H): 161 mm x 240 mm, Gewicht: 928 g

Reihe: Cambridge Studies in the Emergence of Global Enterprise

Banking on Global Markets uses the story of the U.S. business and political dealings of Germany's largest bank to illuminate developments in the ongoing globalization of major financial institutions. Throughout its nearly 140-year-long history, Deutsche Bank served as one of Germany's principal vehicles for forging links with the rest of the world, and the U.S. market probably remained Deutsche Bank's highest foreign priority and its most frustrating challenge. Banking on Global Markets traces Deutsche Bank's involvement with the United States in the context of a changing national and international regulatory and economic environment. It is the story of how international cooperation furthered and conflict hindered those endeavors, and how international banking evolved from a very personalized business between nations to one dominated by enormous transnational markets. Christopher Kobrak weaves together how these financial, political, and institutional developments have helped shape the emerging new international order.

Autoren/Hrsg.

Kobrak, Christopher

Fachgebiete

• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte
• Geisteswissenschaften Geschichtswissenschaft Geschichtliche Themen Wirtschaftsgeschichte
• Wirtschaftswissenschaften Wirtschaftswissenschaften Unternehmensgeschichte, Einzelne Branchen und Unternehmer
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Internationale Finanzmärkte
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Internationale Finanzmärkte

Inhaltsverzeichnis

1. Overview of the title and terrain; Part I. On Golden Chariots - Deutsche Bank's U.S. Business 1870 to 1914: 2. First steps; 3. Deutsche Bank and American electrification; 4. The Northern Pacific bankruptcy saga; 5. The fallout; 6. Other transportation and commercial investments; 7. A taste for start-ups; 8. Transitions; Part II. Deutsche Bank and the U.S. During 'Great Disorder' - 1914-1957: 9. Personal, communication, and financial breakdowns; 10. War supplies, espionage, and expropriation; 11. Salvaging assets and business prophets in the war's immediate aftermath; 12. Deutsche Bank and reestablishing financial flows; 13. Deutsche Bank and the collapse of the fragile world economic order; 14. Second Phoenix; Part III. Renewal and Re-entry - 1957-2000: 15. Divisive issues and the making of a new financial landscape; 16. From Abs to Kopper and from joint ventures to branching; 17. Bankers' trust; 18. Postscript: Deutsche Bank in the U.S. and the future of multinational banking.

Über Autor(innen)

Kobrak, Christopher
Christopher Kobrak holds a BA degree in philosophy from Rutgers University and MA, MBA, and PhD degrees from Columbia University in history, finance/accounting, and business history. He is a CPA and has spent ten years working in numerous business positions for Sterling Drug, Inc. He teaches corporate finance and business history at ESCP-EAP, concentrating on international finance, financial theory, history of capital markets, and corporate governance. His publications include: National Cultures and International Competition: The Experience of Schering AG, 1851-1950 (Cambridge University Press), European Business, Dictatorship and Political Risk, 1920-1945, edited with Per Hansen, and articles and reviews in many business history journals. He has taught at Columbia University, Warsaw University, and Toulouse University, from which he received his Habilitation in Management. He is currently working on communications about the economic contribution of family businesses, corporate governance, and foreign direct investment in the service sector.