BANKING CRISIS – After Dark

Mar 17th 2023 5:42am EDT

The English word ‘bank’ meaning a depository and lending institution, derives from the Italian word ‘banca’, or ‘bench.’ This belies the origins of modern finance in Renaissance Italy, where deals initially struck at coffee house bench evolved into the great trading and banking houses of the Medicis, where double-entry book keeping enabled the matching of […]

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