A Banker of European Stature

Daniela Felisini
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Daniela Felisini: University of Rome Tor Vergata

Chapter 5 in Alessandro Torlonia, 2016, pp 107-152 from Palgrave Macmillan

Abstract: Abstract This chapter analyzes the development of the Torlonia Bank’s activities and results in the central decades of the nineteenth century (1830–1850). The joint management of Roman loans brought a significant increase in profits, while the reputation Torlonia had acquired strengthened his political influence with the papal government, giving him the opportunity for other lucrative operations. Building on these important assets, he developed strategies of diversification and internationalization in order to overcome the constraints of the Roman financial market, here explored in depth. Torlonia extended the Bank’s network of partners at a European level and enjoyed business relationships with leading members of the Haute Banque. Moreover, he became one of the most active Italian investors in the booming infrastructure initiatives in Europe. The chapter concludes with a delineation of his banking model.

Keywords: Public Debt; Corporate Reputation; Private Banker; Saving Bank; Beni Dell (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-319-41998-5_5

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DOI: 10.1007/978-3-319-41998-5_5

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