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Brian O’Sullivan ()
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Brian O’Sullivan: King’s College London

Chapter Chapter 5 in From Crisis to Crisis, 2018, pp 139-162 from Palgrave Macmillan

Abstract: Abstract This chapter aims to reconcile what may seem to be inconsistencies in the policies adopted by the Bank of EnglandBoE during the interwar period. There was official approval for new banking institutions that competed directly with the merchant banks, while at the same time there were attempts to control the activities of the larger clearing banksClearing banks . A rationale for this approach will be provided.

Keywords: Bank of England; Bank policies; Clearing banks; Joint-stock banks; Financial institutions; Bank amalgamations (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-319-96698-4_5

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DOI: 10.1007/978-3-319-96698-4_5

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