Banking on Global Markets uses the story of the US 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 US 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 endeavours, 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.
By:
Christopher Kobrak
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Dimensions:
Height: 234mm,
Width: 156mm,
Spine: 26mm
Weight: 710g
ISBN: 9781107411807
ISBN 10: 1107411807
Series: Cambridge Studies in the Emergence of Global Enterprise
Pages: 512
Publication Date: 13 December 2012
Audience:
Professional and scholarly
,
Undergraduate
Format: Paperback
Publisher's Status: Active
1. Overview of the title and terrain; Part I. On Golden Chariots - Deutsche Bank's US 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 US During 'Great Disorder' - 1914–57: 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 US and the future of multinational banking.
Reviews for Banking on Global Markets: Deutsche Bank and the United States, 1870 to the Present
The story Christopher Kobrak tells in this useful book is...a welcome addition to the literature on banking history...the excellent treatment of the 1870-1914 period alone makes the book a fine addition to German banking history. Richard Tilly, EH-NET ...this well-researched study covers more than a century and a quarter of the German Deutsche Bank's history in the US. Recommended. -Choice ...Kobrak, presents a detailed business history of the investments and dealing of Deutsche Bank, Germany's leading financial institution, in the United States. -Kirsten Wandschneider, The Journal of Interdisciplinary History ...meticulously researched. -Mark S. LeClair, Eastern Economic Journal
