The Decline of the Medici Bank*

Raymond de Roover

The Journal of Economic History, 1947, vol. 7, issue 1, 69-82

Abstract: The power of the Medici as a banking house, and their weakness also, become clearer when we examine the source of their funds. The main problem is whether the Medici bank operated mainly with the money invested by the partners or whether most of the operating capital was supplied from outside sources. It would be easy to settle this question if some balance sheets of the Medici bank were still available. As none have come down to us, another method of approach has to be used.

Date: 1947
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