Talk:History of banking

Article has excessive citations
Lots of claims have excessive citations in the article. It would be very useful if someone can trim the references down. — Preceding unsigned comment added by 112.207.2.76 (talk) 22:14, 12 November 2018 (UTC)

Page is a mess
This page is a mess. That pile of text, while it could be useful if re-worked, is not useful in its current form. --193.1.223.101 14:16, 21 August 2007 (UTC)~

It does seem to have grown beyond normal proportions. Any suggestions for breaking it down? Perhaps a portal page is needed for a historic overview of various aspects; i.e. per region/period/dynasty. I haven't been here for a while and am somewhat surprised at the growth. Jane 06:10, 22 August 2007 (UTC)

Comment #1
it seems to me that the historical descriptions are rather vague, perhaps dubious. i would be very interested in being reffered to various authorities that back up the stories, generalizations and explanations.

what does it mean that "the very first banks were probably the religious temples of the ancient world"? where did u get that story, how credible is it? similarilly, what "extant records" are still out there, of loans in babylon; what "further evidence" regarding banking in greece is there.

and most importantly (as the claim is "fishy"), how much fact, and how much opinion, are in the alleged explanation, presenting itself as rational reasoning, as to why jews could "do usury", and christians, holy christians, couldn't. was it really so? when did it happen? whats the evidence? how many cases were studied?

especially when u deal with suspicious racial/cultural explanations, especially when the explnanations you offer have such have such a long bloody history, one would expect the claim to be much much more based and verified

[The above was added by Sabari at 20:39, 20 November 2005]

Comment #2
who wrote this above? Do some research yourself before making such ill informed generalizations yourself. NEW STATEMENT..5/27/2016---I studied the invention of banking in High School History, College History I & II, and College Economics 101, 102, & 103, and the assertions that are made that the ancient temples under Rome invented deposits is completely inaccurate. The ancient so-called bankers only performed one service they changed monies from one type of currency to another, like changing francs to dollars and they charged their clients a fee for this service. Deposits, loans, and banking as we know it today was invented by the Medici family during the 13th century. Many New World Order folks and others who are rewriting history constantly bombard us with misinformation trying to deceive us, but the truth is, there really was no banking and money loaning done on a commercial level during ancient times. If you needed to borrow money you had to go to a local wealthy patron and ask for a loan or from friends and family who had money. Banking as we know it today, was born during the Renaissance period, after Rome collapsed and the world went through the Dark Ages. As for the New World Order folks....The last Medici grand duke, Gian Gastone, family patriarch, died in 1737 without a male heir, and the Medici family does not exist today, and the Medici family does not secretly own the Federal Reserve bank, the World Bank, Wall Street, or the Tri-lateral commission. The Federal Reserve Bank is owned by it's member banks which are owned by stockholders and anyone with an extra $100.00 in their pocket can buy stock in a bank and own part of the Federal Reserve Bank.

[The above was added by by 203.10.224.60 at 06:37, 28 April 2006]

Comment #3
The following is offered, from my own private gleanings. If anyone is willing (or qualified) to knock it into shape, then feel free. The main source is Roy Davies "History of Money" available on the internet.



Off-topic assertions
Removed the following:

"Even earlier banking value transfer was in the Celtic trade betweeen Europe and the America's esp where copper was mined in upper Michigan peninsula (15,000 copper pits)(3,000-1,000 BC) and traded for British flint. (see America BC by Prof Barry Fell of Harvard) Copper ingots from this trade were widely used as exchange (money) throughout Europe and the Americas. (See also Sumerian writing in Peru, 2,000+ BC nearby to gold & emerald mining areas.)

Further global trade/banking was the bronze mirrors imported from Asia/China to Western Europe and used (with elaborate Celtic incised patterns) as trade goods. (1,500 BC -500 AD)"

Aside from Barry Fell's work being condemned by the mainstream archeological community, none of this stuff has anything to do with banking. --Kineticman 09:22, 28 September 2006 (UTC)

Inaccurate GARBAGE
As one example of the many inaccuracies on this piece of garbage, Barclays is listed as one of the oldest banks, where the Bank Of Scotland isn't even mentioned.

This is primarily a work of fiction. All the "facts" presented here need to be checked and verified. And the article rewritten. It's garbage and should have been deleted in 2005. There is NO truth here whatsoever. —Preceding unsigned comment added by 86.155.51.14 (talk) 18:50, 9 June 2008 (UTC)


 * sofixit Q  T C 18:52, 9 June 2008 (UTC)

Totally westernised viewpoint
I'm pretty sure that the chinese contributed paper money to the history of banking, I'm no expert at all on the subject, hence I seek out a wiki article. This current article seems to be a biblical (roman/jewish) history, I'm pretty sure that it's missing all of the other global strands of banking culture. While today's banks follow the one, european model of banking, it doesn't mean to say that the other traditions are not historically irrelevant. Currently the article would be better named "history of european banking" or "the evolution of modern banking". —Preceding unsigned comment added by Bishopdante (talk • contribs) 13:51, 7 January 2010 (UTC)


 * To be honest, this entire article is written from a US perspective. Particularly the section on global banking, which seems to suggest that the entirety of global banking in concentrated on New York (which studies have indicated is a false statement; by many measures more banking happens in London or Tokyo than New York. E.G Interactive (talk) 19:55, 7 January 2010 (UTC)


 * The section about "Jewish banking" is absurd, as we would read in some conspiracy novel. Some of the bankers have a Jewish heritage. They are not bankers because they are Jewish and there are many other bankers who are not Jewish thus it is not Jewish banking. In fact the most often cited House of Rothschilds are baron bankers. They are bankers due to being barons who have ran it since the days of the Templars.174.125.71.58 (talk) 19:07, 19 September 2012 (UTC)


 * Banks are a western institution. Italian, Jewish or otherwise. "Other traditions" belong in the rubric of "Other Traditions.

After reading
Article difficult to read and to believe. Agree it should be deleted. Histories of any kind should cite texts for the period they intend to cover, particularly when people's names are missing... who did what, when... and so on. —Preceding unsigned comment added by Whit3hawk (talk • contribs) 15:41, 3 August 2010 (UTC)

Copyright problem removed
One or more portions of this article duplicated other source(s). The material was copied from: http://theses.asb.dk/projekter/fbspretrieve/2448/Economy_of_Roman_Empire.pdf, http://www.nuffield.ox.ac.uk/Economics/History/Paper39/39temin.PDF, http://www-histecon.kings.cam.ac.uk/docs/temin.pdf, and http://www.earlychurch.org.uk/pdf/er/finance_young.pdf. Infringing material has been rewritten or removed and must not be restored, unless it is duly released under a compatible license. (For more information, please see "using copyrighted works from others" if you are not the copyright holder of this material, or "donating copyrighted materials" if you are.) For legal reasons, we cannot accept copyrighted text or images borrowed from other web sites or published material; such additions will be deleted. Contributors may use copyrighted publications as a source of information, but not as a source of sentences or phrases. Accordingly, the material may be rewritten, but only if it does not infringe on the copyright of the original or plagiarize from that source. Please see our guideline on non-free text for how to properly implement limited quotations of copyrighted text. Wikipedia takes copyright violations very seriously, and persistent violators will be blocked from editing. While we appreciate contributions, we must require all contributors to understand and comply with these policies. Thank you. Sjakkalle (Check!)  12:27, 1 October 2010 (UTC)

Reworked
Agreed with a lot of the comments and have rework the page significantly, however still could do with more work. Have condensed large amount of text related to jewish and christian religion as although I am sure interesting had way to much emphasis and fixed some of the citations. Expanded recent history and added some references to technology which has influenced banking in the 20th century. Also added references from other parts of the world in ancient history such as China and India and removed a few of the dubious statements. Sargdub (talk) 02:28, 27 November 2011 (UTC)

Edits by 184.45.69.136
Significant POV and unsourced statements. Noted objectionable passages. --Eric (talk) 17:17, 29 July 2012 (UTC)

Significance of Fuggers & Welser in history of banking
There has been an edit that has added the Fuggers & Welser to the lead which I have removed a few times. It is already covered in the article, but I feel in the context of the history of banking it does not warrant a mention in the lead as they are not significant enough. I feel its important to keep the lead concise and as balanced as possible and adding this bank does not do this. The Fuggers & Welser were a player in europe for a while, but I would say there are banks that are more significant which are not mentioned. For example the bank of amsterdam, the Rothschilds with the development of international banking, JP Morgan during the 1800s through the growth of the railways and funding of industrialisation. None of these are mentioned in the lead, there is little backup of the significance of Fuggers & Welser in the article and so its hard to justify mentioning them in the lead. However, as there is at least one editor that disagrees would welcome any comments. Sargdub (talk) 21:37, 9 August 2013 (UTC)
 * Revision as of 23:56, 18 December 2012 → Vanasan → --IIIraute (talk) 23:34, 9 August 2013 (UTC)

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Oldest bank of india
First bank of india-bank of hindustan (1770) 2402:8100:24ED:290:8548:B22F:15F9:8153 (talk) 00:06, 31 March 2022 (UTC)

Ems
Explain you the best girl I am 102.22.247.83 (talk) 15:19, 26 October 2022 (UTC)

Ems
History of banks 102.22.247.83 (talk) 15:20, 26 October 2022 (UTC)