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How far does the apple fall from the tree? The size of English bank branch networks in the nineteenth century

Newton, L. ORCID: https://orcid.org/0000-0003-1453-8824 and Barnes, V. (2018) How far does the apple fall from the tree? The size of English bank branch networks in the nineteenth century. Business History, 60 (4). pp. 447-473. ISSN 1743-7938

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To link to this item DOI: 10.1080/00076791.2017.1323883

Abstract/Summary

After the Bank Charter Act in 1833, English banks could branch nationally without legal or geographical restriction. It has been previously thought that despite this freedom, early English joint-stock banks predominantly began as single units. Drawing upon a new dataset, this article maps the growth of branch banking, the size of bank networks and their geographical location and spread. It demonstrates that banks pursued branching strategies against the intentions of regulators and were successful in forming large and complex networks. However, ultimately, the majority settled for local, district and multi-regional structures, as opposed to national structures.

Item Type:Article
Refereed:Yes
Divisions:Henley Business School > International Business and Strategy
ID Code:66819
Uncontrolled Keywords:banks, branching, branches, regulation, strategy
Publisher:Taylor & Francis

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