English Commercial Bank Investment Portfolios, 1860-1914

The main aim of the research was to collect and use previously unused archive data (currently available in the archive repositories of the main commercial banks) to examine policy and practice on the management of investment portfolios by English commercial banks in the decades prior to 1914.<br> <br> The contribution to knowledge arises from the strengthening of our understanding of general asset management by the banks (e.g. their approach to risk; liquidity and capital adequacy) and of the role of financial institutions in the capital market during a period of significant economic and cultural development in both the UK banking sector and secondary capital markets.<br>