The Business of Banking

Part of the Palgrave Studies in the History of Finance book series (PSHF)


Probably, the most important component of Schiff’s banking expertise was his ability to assemble and manage syndications. Syndicating loans to groups of institutions and individuals was a primary methodology employed by banks in the late nineteenth and early twentieth centuries to bring to market large bond and stock issues. Kuhn Loeb assembled a syndicate to sell the Japanese loans. The background to and implementation of syndicates are described in this section. They were in large part to be vilified by later investigations.


Japanese Loans Japanese Bond Carosso Japanese Government Bonds Japanese Return 
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Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.National Real Estate ForumBeverly HillsUSA

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