Titlebook: British Banking, 1960–85; John Grady,Martin Weale Book 1986 John Grady, and Martin Weale 1986 banking.finance

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https://doi.org/10.1007/978-3-319-31162-3). The role of the discount market also changed radically in the period after 1960, largely due to the emergence of other money markets which quickly exceeded the traditional market in size. Excellent accounts of the evolution of the system are given by Sayers (1960), Griffiths (1973) and Rowan (1973).

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Introduction,is are still visible today as the Bank of England continues to grapple with the problems of the prudential supervision of financial institutions which it is prepared to recognise, or license, as bona fide banks under the Banking Act, 1979.

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International Problems,ld scale, although not one arising from the problems of any one bank; the second part therefore attempts to identify similarities between the development of international banking in the period leading up to the debt crisis, and the growth of the UK non-clearing banks before 1973.

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