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Banking on Global Markets Christopher Kobrak

Banking on Global Markets By Christopher Kobrak

Banking on Global Markets by Christopher Kobrak


Summary

The US business and political dealings of Deutsche Bank are used here to illuminate developments in the ongoing globalization of major financial institutions. Deutsche Bank was one of Germany's principal vehicles for forging links with the rest of the world, and its involvement with the US was probably its biggest challenge.

Banking on Global Markets Summary

Banking on Global Markets: Deutsche Bank and the United States, 1870 to the Present by Christopher Kobrak

Banking on Global Markets uses the story of the US business and political dealings of Germany's largest bank to illuminate developments in the ongoing globalization of major financial institutions. Throughout its nearly 140-year-long history, Deutsche Bank served as one of Germany's principal vehicles for forging links with the rest of the world, and the US market probably remained Deutsche Bank's highest foreign priority and its most frustrating challenge. Banking on Global Markets traces Deutsche Bank's involvement with the United States in the context of a changing national and international regulatory and economic environment. It is the story of how international cooperation furthered and conflict hindered those endeavours, and how international banking evolved from a very personalized business between nations to one dominated by enormous transnational markets. Christopher Kobrak weaves together how these financial, political, and institutional developments have helped shape the emerging new international order.

Banking on Global Markets Reviews

The story Christopher Kobrak tells in this useful book is...a welcome addition to the literature on banking history...the excellent treatment of the 1870-1914 period alone makes the book a fine addition to German banking history. Richard Tilly, EH-NET
...this well-researched study covers more than a century and a quarter of the German Deutsche Bank's history in the US. Recommended. -Choice
...Kobrak, presents a detailed business history of the investments and dealing of Deutsche Bank, Germany's leading financial institution, in the United States. -Kirsten Wandschneider, The Journal of Interdisciplinary History
...meticulously researched. -Mark S. LeClair, Eastern Economic Journal

About Christopher Kobrak

Christopher Kobrak holds a BA degree in philosophy from Rutgers University and MA, MBA, and PhD degrees from Columbia University in history, finance/accounting, and business history. He is a CPA and has spent ten years working in numerous business positions for Sterling Drug, Inc. He teaches corporate finance and business history at ESCP-EAP, concentrating on international finance, financial theory, history of capital markets, and corporate governance. His publications include: National Cultures and International Competition: The Experience of Schering AG, 1851-1950 (Cambridge University Press), European Business, Dictatorship and Political Risk, 1920-1945, edited with Per Hansen, and articles and reviews in many business history journals. He has taught at Columbia University, Warsaw University, and Toulouse University, from which he received his Habilitation in Management. He is currently working on communications about the economic contribution of family businesses, corporate governance, and foreign direct investment in the service sector.

Table of Contents

1. Overview of the title and terrain; Part I. On Golden Chariots - Deutsche Bank's US Business 1870 to 1914: 2. First steps; 3. Deutsche Bank and American electrification; 4. The Northern Pacific bankruptcy saga; 5. The fallout; 6. Other transportation and commercial investments; 7. A taste for start-ups; 8. Transitions; Part II. Deutsche Bank and the US During 'Great Disorder' - 1914-57: 9. Personal, communication, and financial breakdowns; 10. War supplies, espionage, and expropriation; 11. Salvaging assets and business prophets in the war's immediate aftermath; 12. Deutsche Bank and reestablishing financial flows; 13. Deutsche Bank and the collapse of the fragile world economic order; 14. Second Phoenix; Part III. Renewal and Re-entry - 1957-2000: 15. Divisive issues and the making of a new financial landscape; 16. From Abs to Kopper and from joint ventures to branching; 17. Bankers' trust; 18. Postscript: Deutsche Bank in the US and the future of multinational banking.

Additional information

GOR009243356
9780521863254
0521863252
Banking on Global Markets: Deutsche Bank and the United States, 1870 to the Present by Christopher Kobrak
Used - Very Good
Hardback
Cambridge University Press
20080221
512
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Banking on Global Markets