Independent Banker - December 2023 - 11
HISTORY LESSON
The lords of 14th-century Italian finance
When people talk
about " dynasties "
these days, they're
usually referring
to sports teams.
But in 14th-century
Italy, the Bardi and
Peruzzi families were
multigenerational
financial dynasties
who did business in
far-flung locations
including England,
the Netherlands,
North Africa and the
Middle East.
It's said that the
families' timely and
accurate economic
information
helped them
create successful
commercial and
credit businesses.
In the 1330s, these
powerful Italian
banking families
extended credit
to England's King
Edward III to fund the
Hundred Years' War
with the French.
In return for this
financial support,
the king made grants
of wool and money
to the families.
Yet overextended
credit, then as now,
can bring about
financial ruin. When
Edward found his
coffers running
low, he refused
to pay his debts,
depleting the families'
resources and
bringing bankruptcy
to both the
once-mighty houses.
-Julie Kendrick
DECEMBER 14 | 3 ET / 2 CT
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Independent Banker - December 2023
Table of Contents for the Digital Edition of Independent Banker - December 2023
Contents
Independent Banker - December 2023 - Intro
Independent Banker - December 2023 - Cover1
Independent Banker - December 2023 - Cover2
Independent Banker - December 2023 - Contents
Independent Banker - December 2023 - 2
Independent Banker - December 2023 - 3
Independent Banker - December 2023 - 4
Independent Banker - December 2023 - 5
Independent Banker - December 2023 - 6
Independent Banker - December 2023 - 7
Independent Banker - December 2023 - 8
Independent Banker - December 2023 - 9
Independent Banker - December 2023 - 10
Independent Banker - December 2023 - 11
Independent Banker - December 2023 - 12
Independent Banker - December 2023 - 13
Independent Banker - December 2023 - 14
Independent Banker - December 2023 - 15
Independent Banker - December 2023 - 16
Independent Banker - December 2023 - 17
Independent Banker - December 2023 - 18
Independent Banker - December 2023 - 19
Independent Banker - December 2023 - 20
Independent Banker - December 2023 - 21
Independent Banker - December 2023 - 22
Independent Banker - December 2023 - 23
Independent Banker - December 2023 - 24
Independent Banker - December 2023 - FIS1
Independent Banker - December 2023 - FIS2
Independent Banker - December 2023 - FIS3
Independent Banker - December 2023 - FIS4
Independent Banker - December 2023 - 25
Independent Banker - December 2023 - 26
Independent Banker - December 2023 - 27
Independent Banker - December 2023 - 28
Independent Banker - December 2023 - 29
Independent Banker - December 2023 - 30
Independent Banker - December 2023 - 31
Independent Banker - December 2023 - 32
Independent Banker - December 2023 - 33
Independent Banker - December 2023 - 34
Independent Banker - December 2023 - 35
Independent Banker - December 2023 - 36
Independent Banker - December 2023 - 37
Independent Banker - December 2023 - 38
Independent Banker - December 2023 - 39
Independent Banker - December 2023 - 40
Independent Banker - December 2023 - 41
Independent Banker - December 2023 - 42
Independent Banker - December 2023 - 43
Independent Banker - December 2023 - 44
Independent Banker - December 2023 - 45
Independent Banker - December 2023 - 46
Independent Banker - December 2023 - 47
Independent Banker - December 2023 - 48
Independent Banker - December 2023 - 49
Independent Banker - December 2023 - 50
Independent Banker - December 2023 - 51
Independent Banker - December 2023 - 52
Independent Banker - December 2023 - 53
Independent Banker - December 2023 - 54
Independent Banker - December 2023 - 55
Independent Banker - December 2023 - 56
Independent Banker - December 2023 - 57
Independent Banker - December 2023 - 58
Independent Banker - December 2023 - 59
Independent Banker - December 2023 - 60
Independent Banker - December 2023 - 61
Independent Banker - December 2023 - 62
Independent Banker - December 2023 - 63
Independent Banker - December 2023 - 64
Independent Banker - December 2023 - 65
Independent Banker - December 2023 - 66
Independent Banker - December 2023 - 67
Independent Banker - December 2023 - 68
Independent Banker - December 2023 - Cover3
Independent Banker - December 2023 - Cover4
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