and her allies during the First World War, in taking the lead amongst the private London bankers in reconstructing Europe during the 1920s, and in pioneering the new field of corporate finance. In the
1980s Morgan Grenfell took off with a substantial rise in profits and an extraordinarily powerful Corporate Finance Department: an epilogue summarises recent events to the end of 1988 when it decided to exit from securities in London and to concentrate on developing its areas of traditional strength. Based on a wide range of original sources, this book is unmatched as a banking history: no other book combines the unrestricted access to the bank's archives afforded to the
author with a narrative of events up to the 1980s.
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