Desperate Adventurers and Men of Straw: The Failure of City of Glasgow Bank and its Enduring Impact on the UK Banking System

13 Pages Posted: 14 Mar 2015

See all articles by Richard Button

Richard Button

Bank of England

Samuel Knott

Bank of England

Conor Macmanus

Bank of England

Matthew Willison

Bank of England

Date Written: March 12, 2015

Abstract

City of Glasgow Bank was the largest commercial banking failure in the United Kingdom prior to the recent financial crisis and arguably shaped the future structure of the UK banking system.

Suggested Citation

Button, Richard and Knott, Samuel and Macmanus, Conor and Willison, Matthew, Desperate Adventurers and Men of Straw: The Failure of City of Glasgow Bank and its Enduring Impact on the UK Banking System (March 12, 2015). Bank of England Quarterly Bulletin 2015 Q1. Available at SSRN: https://ssrn.com/abstract=2577723

Richard Button (Contact Author)

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Samuel Knott

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Conor Macmanus

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Matthew Willison

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

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