Modern Finance in the Middle Ages

Event factfile

Date of event: 10 June 2014
Event ends: 10 June 2014
Start time: 13:30
End time: 14:30
Price: Complimentary
Modern Finance in the Middle Ages

On 10 June Professor Adrian Bell presented an alumni webinar on ‘Modern Finance in the Middle Ages’, drawing parallels between finance in the middle ages and today.

 

On 10 June Professor Adrian Bell presented an alumni webinar on ‘Modern Finance in the Middle Ages’, drawing parallels between finance in the middle ages and today.

Although many may associate financial regulation, cashless societies, short term loans, sovereign defaults, bank runs and credit crunches with modern banking, Professor Bell showed that this was far from the case, and that lessons can be learned from history.

Professor Bell used a number of cases to illustrate this, including that of the Peruzzi, who were bankrupted by unsecured loans from Edward III. Comparing this to modern day financial institutions, the Peruzzi actually had a considerably better leverage ratio than a number of institutions in 2008, including Lehman Brothers, Deutsche Bank and Barclays Bank.

To find out more about the Peruzzi and the fascinating world of medieval finance and how it is still relevant today you can watch the recording online.

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If you have any questions, please contact the Alumni Relations Team by email at alumni@henley.ac.uk or by phone on +44 (0)1491 418 843.