The Rise and Decline of the Medici Bank, 1397-1494
The Rise and Decline of the Medici Bank, 1397-1494 Prof. Raymond de Roover The roots of modern capitalism go back to the Italian banking system of the late Middle Ages and the Renaissance. In the fifteenth century, the Medici Bank succeeded in overshadowing its competitors, the Bardi and the Peruzzi, who were the […]