Private Bankers in the Italian 19th Century: The Parodi of Genoa in the National and International Context

The book explores the role of private bankers in modernizing Italy's economic and financial system in the XIX century by interacting with the international haute banque to organize public loans and investments. It emphasizes the importance of reputation in their professional success and provides a case study of Banca Parodi of Genova, highlighting the network between the Parodi family and the international haute banque. The book offers unpublished data and analyzes the role of private bankers in developing Italian banking institutions.

Format: Paperback / softback
Length: 236 pages
Publication date: 16 December 2021
Publisher: Springer Nature Switzerland AG

The book delves into the critical role of private bankers in modernizing Italy's economic and financial system during the 19th century. To achieve this, they had to engage with the international haute banque to organize and place public loans and large investments associated with joint-stock companies.

The theme of reputation, which is currently at the center of historiographical debate, plays a fundamental role in studying the private banker figures whose professional success is closely linked to the limitless trust accorded to them by their personal contacts. Historiography has examined the role of Italian bankers in trade, credit, and international finance during the modern age (XVI-XVIII centuries), but it has yet to analyze the banking system in the 19th century and its national and international relations.

The case study of Banca Parodi of Genova fills the historiographical gap concerning the role of private bankers and banking institutions in Italy. It highlights the network between the Parodi family and the international haute banque, with one of the most emblematic cases being the Rothschild family. The book presents a re-elaborated series of unpublished data and analyzes the role of private bankers in the development of Italian banking institutions in the 19th century to initiate a scientific debate.

Weight: 397g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030633639
Edition number: 1st ed. 2020