This paper is a detailed historical survey of Suffolk Banking System. The System is a voluntary and private bank note clearing system in New England at the dawn of American capitalism, and continued for about 40 years (1819-1858). Managing this System by the Suffolk Bank in Boston, cash reserves...

The purpose of this paper is to analyze the transformation of the international banking and financial markets in the 1990s. In the 1990s, while the international bank loans remained stagnant, the international securities market expanded. Four feature of the international banking market are...