From Crisis to Crisis examines the impact of the harsh conditions of the interwar economy on the British merchant banks. The financial crises of 1914 and 1931 are assessed using primary sources. The competitive threats, including the rise of New York as a rival financial centre, are considered....

What drives investors’ sensitivity to sustainable investment fees? We conduct a large-scale online experiment with samples of individual investors in five European countries. We explore two main channels for investors' sensitivities to fees. First, investors might be willing to pay higher fees...