This book, the product of a unique international scholarly collaboration sponsored jointly by the American Council of Learned Societies and the Soviet Academy of Sciences, provides a comprehensive survey on international banking from 1870 to 1914. In that period international investment reached dimensions previously unknown, and the banking systems of the world achieved a degree of internationalization without precedent. The book's authors, twenty-five scholars from fifteen countries, are the acknowledged experts in their fields. They detail the origin and development of internationally oriented banks in each major country, and explain their role in foreign investment and industrial finance. They look at all areas of the world that were involved in international investment, either as investors, recipients of investment, or both. The definitive work on international banking from 1870 to 1914, this book will interest scholars and students in financial and banking history, bankers and economists in the finanical industry, and general historians. "Impressive....its measured and authoritative case studies, its encyclopedic coverage, statistical data, bibliographies, and breadth of coverage will make it an indispensable research tool in this field."--Journal of Economic History"By any standard, Cameron and Bovykin have put together an important volume. In the impoverished context of banking history, the book stands out as a key work which will form the basis of much future study."--The Financial Times"Fascinating discussions of the different institutional and contractual choices made by different countries when engaging in international banking and finance....Rondo Cameron and V.I. Bovykin must be congratulated for performing so well the herculean task of assembling such a group of talented academics, and steering them safely towards the publication of this most useful volume."--Business History"A suitable reference for all academic and large public libraries, but particularly useful for upper-division undergraduate and graduate students, and faculty."--Choice From 1870 to 1914, international investment reached dimensions previously unknown, and the banking systems of the world achieved a degree of internationalization also without precedent. Rondo Cameron's International Banking, 1870 -1914 is the product of a unique international scholarly collaboration. Rondo Cameron is at Emory University. V. I. Bovykin is at Institute of History, USSR.