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The development of international correspondent banking in the USA 1970-1989

Abstract:

How did the global payments system cope with the surge of internationalisation of banking in the 1960s–1980s? Using archival evidence and other contemporary sources, this paper addresses the innovations in the trans-Atlantic payments system that supported liberalised payments in the 1970s and 1980s. The specific focus is the system’s early development in the midst of innovation in ICT, disruption to the international monetary system and a series of high-profile bank failures that challenged t...

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Publication status:
Published
Peer review status:
Peer reviewed

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Institution:
University of Oxford
Division:
HUMS
Department:
History Faculty
Oxford college:
St Hilda's College
Role:
Author
ORCID:
0000-0003-4116-5883
European Research Council More from this funder
Publisher:
University of Oxford Publisher's website
Volume:
1
Issue:
1
Article number:
Vol. 1, No. 1
Series:
Global Correspondent Banking 1870–2000 Working Paper Series
Host title:
Global Correspondent Banking 1870–2000 Working Paper Series
Publication date:
2021-12-16
ISSN:
2752-7859
Language:
English
Keywords:
Pubs id:
1226062
Local pid:
pubs:1226062
Deposit date:
2021-12-20

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