Early Modern

18 entries

Bank of England

Central BankInstitution1694

Founded in 1694 to raise money for King William IIIs war against France. The Bank of England is the ...

Sveriges Riksbank

Central BankInstitution1668

The worlds oldest central bank, founded in 1668 as Riksens Stnders Bank. Originally established to i...

Bank of Amsterdam

BankInstitution1609

The Bank of Amsterdam, founded in 1609, was the first true public bank. It accepted deposits of coin...

JPMorgan Chase

Commercial BankInstitution1799

The largest bank in the United States by assets, with roots tracing to 1799. The Bank of the Manhatt...

Barclays

Commercial BankInstitution1690

One of the oldest British banks, tracing roots to 1690 when John Freame began trading as a goldsmith...

Lloyds Bank

Commercial BankInstitution1765

Founded in Birmingham in 1765 by John Taylor and Sampson Lloyd as a button manufacturing business th...

Baring Bank

FailureEvent1762

Britains oldest merchant bank, founded in 1762 by Francis Baring. The bank financed the Louisiana Pu...

First Insurance

InnovationEvent1688

Modern insurance began at Lloyds Coffee House in London around 1688, where merchants, ship owners, a...

Hamburger Bank

HistoricalInstitution1619

The Hamburger Bank was founded in 1619 in Hamburg, modeled on the Bank of Amsterdam. It was a public...

Wiener Stadtbank

HistoricalInstitution1703

The Wiener Stadtbank was founded in Vienna in 1703 as a municipal bank. It served the Habsburg monar...

First Savings Account

InnovationEvent1778

The first savings bank was founded in Hamburg in 1778, designed to encourage thrift among working pe...

Bank of North America

HistoricalInstitution1781

The first de facto central bank of the United States, chartered by the Continental Congress on Decem...

Bank of Sweden Detail

HistoricalInstitution1668

The Bank of Sweden, now Sveriges Riksbank, was founded by the Swedish parliament in 1668 after the f...

Clearing House History

InnovationEvent1770

The first bank clearing house was established in London around 1770. Bankers met daily at the Five B...

Rothschild Banking Dynasty

HistoricalInstitution1760

The Rothschild banking dynasty was founded by Mayer Amschel Rothschild in Frankfurt in the 1760s. Ma...

Warburg Banking Family

HistoricalInstitution1798

The Warburg family of Hamburg established one of the most influential Jewish banking dynasties. The ...

Free Banking Scotland

HistoricalEvent1716

Scotlands free banking era from 1716 to 1845 is considered by some economists as a model of successf...

Fractional Reserve Banking

ConceptEvent1600

Fractional reserve banking is the system where banks keep only a fraction of deposits as reserves, l...