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            Featured snippet from the web

            A goldsmith banker was a business role that emerged in seventeenth century London from the London goldsmiths where they gradually expanded their services to include storage of wealth, providing loans, transferring money and providing bills of exchange that would lead to the development of cheques.

            Goldsmith banker - Wikipedia

            https://en.wikipedia.org › wiki › Goldsmith_banker
            https://en.wikipedia.org › wiki › Goldsmith_banker
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            (PDF) How modern banking originated: The London goldsmith ...

            https://www.researchgate.net › publication › 233148154_...
            https://www.researchgate.net › publication › 233148154_...
            London goldsmith-bankers' development of paper credit-money in the seventeenth century ushered in the era of modern banking. This essay argues that this ...

            Goldsmiths ledger, 1671-72 | NatWest Group Heritage Hub

            https://www.natwestgroup.com › turning-points › golds...
            https://www.natwestgroup.com › turning-points › golds...
            They began to make payments on behalf of clients on the basis of the precious items lodged with them, thus gradually evolving into bankers. By the 1670s there ...

            Goldsmith-Banking: Mutual Acceptance and Interbanker ...

            https://www.sciencedirect.com › science › article › pii
            https://www.sciencedirect.com › science › article › pii
            by S Quinn · 1997 · Cited by 94 — During the second half of the 17th century, London's goldsmith-bankers formed a system of banking through mutual debt acceptance and interbanker clearing.

            How modern banking originated: The London goldsmith ...

            https://www.tandfonline.com › ... › Volume 53, Issue 6
            https://www.tandfonline.com › ... › Volume 53, Issue 6
            by J Kim · 2011 · Cited by 61 — London goldsmith-bankers' development of paper credit-money in the seventeenth century ushered in the era of modern banking.

            Goldsmith Bankers - Encyclopedia of Money

            https://encyclopedia-of-money.blogspot.com › 2010/03
            https://encyclopedia-of-money.blogspot.com › 2010/03
            The goldsmiths of seventeenth-century London developed banking in its modern form. ... Before the goldsmith bankers these activities were scattered, often as ...

            The London Goldsmith-Bankers' Institutionalization of Trust by ...

            https://papers.ssrn.com › sol3 › papers
            https://papers.ssrn.com › sol3 › papers
            by J Kim · 2011 · Cited by 61 — London goldsmith-bankers' development of paper credit-money in the seventeenth century ushered in the era of modern banking. This essay argues ...

            HISTORICAL REVISION: LVIII.—The Origins of English Banking

            https://www.jstor.org › stable
            https://www.jstor.org › stable
            by AV Judges · 1931 · Cited by 9 — The traditional account of bankers' activities in England during the. Stuart period, concerned with only one class of practitioner, the goldsmith, and with ...

            Money Creation: Genesis 2: Goldsmith-Bankers and Bank Notes

            https://www.academia.edu › Money_Creation_Genesis_...
            https://www.academia.edu › Money_Creation_Genesis_...
            This article is arranged as follows: • Origin of bank note money: China. • Precious metal deposits with goldsmiths. • Precious metal loans by goldsmiths.

            Records of Edward Backwell (c.1618-83), goldsmith banker

            https://archiveshub.jisc.ac.uk › data › gb1502-eb
            https://archiveshub.jisc.ac.uk › data › gb1502-eb
            Backwell had set up his own goldsmiths 'shop' by 1653 and, given his apprenticeship with goldsmith banker Thomas Vyner, it is likely that he ventured into ...

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