Investigating Attitudes to Risk in British Banking: A Case Study of Barclays’ Branch Banking System, c. 1900–80
Matthew Hollow ()
Additional contact information
Matthew Hollow: York Management School,University of York
A chapter in Decision Taking, Confidence and Risk Management in Banks from Early Modernity to the 20th Century, 2017, pp 173-188 from Palgrave Macmillan
Abstract:
Abstract Risk-taking is both a central and an inescapable aspect of modern-day commercial banking. However, up until now, the story of how banks coped with and managed risk in the past has remained largely untold. This paper goes some way to redressing this notable blind spot in the historical literature by providing a detailed investigation of how one major British commercial bank—Barclays Bank—went about the inherently risky process of providing loans to small and local businesses in the period between 1900 and 1980. Ultimately, what it shows is that, despite the many advances made in accounting and bookkeeping during this period, interpersonal relationships and local connections continued to fulfil a key role in most lending decisions taken during this era.
Keywords: Commercial Bank; Local Business; Local Branch; Head Office; Loan Application (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-319-42076-9_8
Ordering information: This item can be ordered from
http://www.palgrave.com/9783319420769
DOI: 10.1007/978-3-319-42076-9_8
Access Statistics for this chapter
More chapters in Palgrave Studies in the History of Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().