The Emergence of the Trust Company in New York City 1870-1900

Business & Finance
Cover of the book The Emergence of the Trust Company in New York City 1870-1900 by H. Peers Brewer, Taylor and Francis
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Author: H. Peers Brewer ISBN: 9781351610841
Publisher: Taylor and Francis Publication: August 7, 2017
Imprint: Routledge Language: English
Author: H. Peers Brewer
ISBN: 9781351610841
Publisher: Taylor and Francis
Publication: August 7, 2017
Imprint: Routledge
Language: English

Between 1875 and 1900, the assets of trust companies in New York City grew at a compound annual rate of 9.6%, compared with 4.1% for national banks. The purpose of this book, first published in 1986, is to bring to light the entrepreneurial, economic and political forces which prompted the growth of the trust companies and resolved the movement into a well-defined financial intermediary and eventually led to the merging of the trust movement with commercial banks.

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Between 1875 and 1900, the assets of trust companies in New York City grew at a compound annual rate of 9.6%, compared with 4.1% for national banks. The purpose of this book, first published in 1986, is to bring to light the entrepreneurial, economic and political forces which prompted the growth of the trust companies and resolved the movement into a well-defined financial intermediary and eventually led to the merging of the trust movement with commercial banks.

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