Banking in the United Kingdom

Banking in the United Kingdom

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Banking in the United Kingdom can be considered to have started in the Kingdom of England in the 17th century. The first activity in what later came to be known as banking was by goldsmiths who, after the dissolution of English monasteries by Henry VIII, began to accumulate significant stocks of gold. Many goldsmiths were associated with The Crown but, following seizure of gold held at the Royal Mint in the Tower of London by Charles I, they extended their services to gentry and aristocracy as the Royal Mint was no longer considered a safe place to keep gold.show more

Product details

  • Paperback | 152 pages
  • 152 x 229 x 9mm | 231g
  • Loc Publishing
  • United States
  • English
  • 6135972316
  • 9786135972313