This one was published last year, but I just learned about it this week. -Editor
Genealogy of American Finance
Robert E. Wright and Richard Sylla. Foreword by Charles M. Royce
Columbia University Press
In this unique, well-illustrated book, readers learn how fifty financial corporations came to dominate the U.S. banking system and their
impact on the nation's political, social, and economic growth. A story that spans more than two centuries of war, crisis, and
opportunity, this account reminds readers that American banking was never a fixed enterprise but has evolved in tandem with the
More than 225 years have passed since Alexander Hamilton created one of the nation's first commercial banks. Over time, these
institutions have changed hands, names, and locations, reflecting a wave of mergers, acquisitions, and other restructuring efforts that
echo changes in American finance. Some names, such as Bank of America and Wells Fargo, will be familiar to readers. The origins of others,
including Zions Bancorporation, founded by Brigham Young and owned by the Mormon Church until 1960, are surprising. Exploring why some
banks failed and others thrived, this book wonders, in light of the 2008 financial crisis, whether recent consolidations have reached or
even exceeded economically rational limits. A key text for navigating the complex terrain of American finance, this volume draws a
fascinating family tree for projecting the financial future of a nation.
ABOUT THE AUTHOR
The Museum of American Finance, an affiliate of the Smithsonian Institution, is the nation's only independent museum dedicated to
preserving, exhibiting, and teaching American finance and financial history. With its extensive collection of financial documents and
objects, and its seminars, events, educational programming and publications, the museum portrays the breadth and richness of American
financial history, achievement, and practices. The museum is located in a historic bank building at 48 Wall Street, on the corner of
William Street, in New York City. For more information visit www.moaf.org.
Robert E. Wright became the inaugural Nef Family Chair of Political Economy at Augustana College in Sioux Falls, South Dakota, after
teaching at New York University, the University of Virginia, and elsewhere. He is the author, coauthor, editor, or coeditor of more than
twenty major scholarly books and projects related to U.S. financial and policy history.
Richard Sylla is the Henry Kaufman Professor of the History of Financial Institutions and Markets and Professor of Economics at New York
University. He is also Chairman of the Board of Trustees at the Museum of American Finance and a research associate of the National Bureau
of Economic Research.
Charles M. Royce is known as one of the pioneers of small-cap investing. He has been CEO of The Royce Funds since 1972. He currently
serves as trustee of the Frick Collection, the New-York Historical Society, and the National Trust for Historic Preservation.
PUB DATE: March 2015
LIST PRICE: $60.00£44.00
Blurb from Daniel Giedeman, EH.Net:
A fascinating compilation of the genealogical histories of the fifty largest financial institutions in the United States.... Clearly
written and enjoyable to read. I expect that all readers will learn something new from the book and that the vast majority of readers
will learn quite a bit. I recommend it with enthusiasm.
For more information, or to order, see:
Genealogy of American Finance
Wayne Homren, Editor
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