City of Glasgow Bank Crash

The recent Bank of England Quarterly Bulletin has a really nice article on the City of Glasgow Bank crash which occurred in October 1878 - click here for the article and see below for an interview with one of the the authors. This article draws very heavily on my 2008 paper on the City of Glasgow Bank crash and my book Banking in Crisis. The authors do a great job of outlining seven lessons from the crash for modern-day policymakers.  


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