The history begins with the first prototype banks of merchants of the ancient .....
banks were "merchant banks" that Italian grain merchants first invented in the ...
The First Bank of the United States was needed because the government had a
debt from the Revolutionary War, and each state had a different form of currency.
Oct 9, 2008 ... These are not the first banks in the world, which trace back to early ... only
existing commercial institution created by the Parliament of Scotland.
3rd St. between Walnut and Chestnut Sts. Alexander Hamilton was the father of
the American National Banking System. He created the First National Bank, and ...
HISTORY OF BANKING including The Fugger dynasty, Banks and cheques, ...
They make their first loan to a Habsburg archduke in 1487, taking as security an ...
Banks have been around since the first currencies were minted, perhaps even
before ... bank, after a few stops, starts, cancellations and resurrections, created a
That seems to be what happened when the first shareholder's in the Bank of ... all
the money they wanted to borrow, and the debt created was secured against ...
necessary to institute banks; and they have proved to be the happiest engines
that ever were invented for advancing trade. -Alexander Hamilton, 1781 ...
For tens of millions of Americans, banks are the first choice for saving, ... A
second Bank of the United States was created in 1816 and operated until 1832.
The first bank in the United States was established in Philadelphia and was
called the First Bank of the United States. The bank was created in 1791 to assist