British Retail Banking in the Twentieth Century: Decline and Renaissance in Industrial Lending
In: Business in Britain in the Twentieth Century, S. 189-204
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In: Business in Britain in the Twentieth Century, S. 189-204
In: Business history, Band 38, Heft 3, S. 64-83
ISSN: 1743-7938
In: Studies in banking history
In: Business history, Band 64, Heft 4, S. 801-830
ISSN: 1743-7938
In: Business History, Forthcoming
SSRN
In: MANAGEMENT & ORGANIZATIONAL HISTORY, 2019
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In: Management and Organizational History, Band 13, Heft 4, S. 309–333
SSRN
This article examines the context in which firms reflect on their own history in order to help form their organizational identity. By undertaking research in business archives, it shows that external change is as important as an internal transition in understanding shifts in the way an organization understands its past. We trace the messages communicated internally through paintings of past chairmen and senior staff when they were displayed inside the head office of Lloyds Bank during the 1960s and 1970s. These portraits generated interest and were an effective means of non-verbal communication which provoked a discussion about the purpose, values and norms in the firm's past, present, and future. The objects retold the story of the bank's success as a privately owned family firm in the midst of on-going political debates inside the Labour party about the nationalization of large banking companies. With the portraits in place, they recognized the bank's history as a capitalist enterprise. The pictures legitimized the tradition of private ownership, helped to form organizational identity, and set future obligations that would see its continuation in what was a period of potential change.
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In: Enterprise & society: the international journal of business history, Band 18, Heft 3, S. 678-720
ISSN: 1467-2235
This article considers how the joint-stock banks established trust within the local marketplace. We undertake a new investigation of pictures of senior bank management. Building on the expansion of the art market in the nineteenth century, joint-stock banks used portraits as a public and visual mechanism to commemorate their successes and accomplishments. Portraiture, as a well-established art form, provided enterprises with a historical legacy that for many did not, as yet, exist. Through the use of portraiture, banks attempted to solidify their identity and add to the sitter's social standing, as well as signal the new organization's reputation for high culture, prestige, and professionalism to those who viewed these artworks. These illustrations personified the company and gave a human face to the early joint-stock economy.
In: Business history, Band 60, Heft 4, S. 447-473
ISSN: 1743-7938
In: Enterprise & society: the international journal of business history, Band 14, Heft 1, S. 37-70
ISSN: 1467-2235
During the second half of the nineteenth century, British society experienced a rise in real incomes and a change in its composition, with the expansion of the middle classes. These two factors led to a consumer revolution, with a growing, but still segmented, demand for household goods that could express status and aspiration. At the same time technological changes and new ways of marketing and selling goods made these goods more affordable. This paper analyzes these themes and the process of mediation that took place between producers, retailers, and consumers, by looking at the most culturally symbolic of nineteenth century consumer goods, the piano.
In: Business in Britain in the Twentieth Century, S. 207-221
In: Business history, Band 54, Heft 3, S. 399-423
ISSN: 1743-7938
In: Enterprise & society: the international journal of business history, Band 23, Heft 1, S. 33-67
ISSN: 1467-2235
The Victorian City of London's financial center expanded and renewed its building infrastructure virtually unimpeded by considerations of urban preservation, conservation, or public opinion. The next phase of massive rebuilding, during the long post-1945 boom, appeared likely to follow the same pattern. However, by the mid-1960s, the freedom of City office owner-occupiers and developers to do as they wished with their buildings had become substantially constrained by rising conservationist sentiment. This paper explores this process through the history of the design, building, and eventual aborted demolition of Gibson Hall, the Bishopsgate headquarters of National Provincial Bank for over a century. This paper charts the life of Gibson Hall, in particular its conception, design, and, ultimately, its attempted redevelopment. We also consider the long-term consequences of the rebalancing between economic and conservation objectives for the nature of British urban redevelopment and the adoption of a "throwaway" business headquarters style—to remove any risk of popular support for preservation.
In: The Economic Journal, Band 106, Heft 439, S. 1783