The Emergence of the Trust Company in New York City 1870-1900  book cover
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The Emergence of the Trust Company in New York City 1870-1900





ISBN 9781138090323
Published February 11, 2019 by Routledge
364 Pages

 
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Book Description

Between 1875 and 1900, the assets of trust companies in New York City grew at a compound annual rate of 9.6%, compared with 4.1% for national banks. The purpose of this book, first published in 1986, is to bring to light the entrepreneurial, economic and political forces which prompted the growth of the trust companies and resolved the movement into a well-defined financial intermediary and eventually led to the merging of the trust movement with commercial banks.

Table of Contents

1. An Overview of the Trust Company Movement: 1870-1900  2. The Trust Company Movement Quickens: 1870-3  3. The Asset Structure  4. Deposits, Capital and Profitability  5. The End of the Century: Signs of Maturity  6. Summary

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