Encyclopedia of Early Modern History Online

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Private banker
(606 words)

Private bankers were an outgrowth of the group of merchant bankers. This was the name given to trading houses that combined trade with banking (Bank). The earliest examples were the Tuscan trading companies of the 13th century. Firms like the Bonsignori and – in the 14th century – the Acciaiuoli, Bardi, and Peruzzi not only combined long-distance trade (Trade, Long-distance) with foreign exchange, they also served as collectors of curial funds for the papacy, tax farmers, and lenders (Credit) to princes. There were few changes in this service profile of the trading companies in t…

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North, Michael, “Private banker”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 25 February 2024 <http://dx.doi.org/10.1163/2352-0272_emho_SIM_025885>
First published online: 2015
First print edition: 20210107



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