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Riccardi Of Lucca
The Riccardi of Lucca were a medieval merchant society in Lucca, Tuscany (in modern-day Italy). At their greatest extent, they had branches in Rome, Bordeaux, Paris, Flanders, London, York and Dublin. History The Riccardi of Lucca had a long-term banking relationship with King Edward I of England between 1272 and 1307. Prior to 1272, the English kings had occasional dealings with Italian merchants, mainly in purchasing luxury goods for the household and arranging for balance transfers to Rome. The outbreak of war between England and France in 1294 led to a credit crunch in international money markets. When Edward sought financial support from the Riccardi, they were unable to advance him any funds. In response, Edward seized the Riccardi’s assets in England, effectively bankrupting them. The Riccardi derived significant benefits from their connection to the English monarchy, such as using the King’s Exchequer Courts to pursue their debtors and special access to the English wo ...
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Merchant
A merchant is a person who trades in goods produced by other people, especially one who trades with foreign countries. Merchants have been known for as long as humans have engaged in trade and commerce. Merchants and merchant networks operated in ancient Babylonia, Assyria, China, Egypt, Greece, India, Persia, Phoenicia and Rome. During the European medieval period, a rapid expansion in trade and commerce led to the rise of a wealthy and powerful merchant class. The European Age of Discovery opened up new trading routes and gave European consumers access to a much broader range of goods. By the 18th century, a new type of manufacturer-merchant had started to emerge and modern business practices were becoming evident. The status of the merchant has varied during different periods of history and among different societies. In modern times, the term ''merchant'' has occasionally been used to refer to a businessperson or someone undertaking activities (commercial or industrial) for ...
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Edward I Of England
Edward I (17/18 June 1239 – 7 July 1307), also known as Edward Longshanks and the Hammer of the Scots (Latin: Malleus Scotorum), was King of England from 1272 to 1307. Concurrently, he was Lord of Ireland, and from 1254 to 1306 ruled Duchy of Gascony, Gascony as Duke of Aquitaine in his capacity as a vassal of the French king. Before his accession to the throne, he was commonly referred to as the Lord Edward. The eldest son of Henry III of England, Henry III, Edward was involved from an early age in the political intrigues of his father's reign. In 1259, he briefly sided with a baronial reform movement, supporting the Provisions of Oxford. After reconciling with his father, he remained loyal throughout the subsequent armed conflict, known as the Second Barons' War. After the Battle of Lewes, Edward was held hostage by the rebellious barons, but escaped after a few months and defeated the baronial leader Simon de Montfort at the Battle of Evesham in 1 ...
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Quantitative Finance
Mathematical finance, also known as quantitative finance and financial mathematics, is a field of applied mathematics, concerned with mathematical modeling in the financial field. In general, there exist two separate branches of finance that require advanced quantitative techniques: derivatives pricing on the one hand, and risk and portfolio management on the other. Mathematical finance overlaps heavily with the fields of computational finance and financial engineering. The latter focuses on applications and modeling, often with the help of stochastic asset models, while the former focuses, in addition to analysis, on building tools of implementation for the models. Also related is quantitative investing, which relies on statistical and numerical models (and lately machine learning) as opposed to traditional fundamental analysis when managing portfolios. French mathematician Louis Bachelier's doctoral thesis, defended in 1900, is considered the first scholarly work on math ...
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Exchequer Court
The Exchequer of Pleas, or Court of Exchequer, was a court that dealt with matters of equity, a set of legal principles based on natural law and common law in England and Wales. Originally part of the , or King's Council, the Exchequer of Pleas split from the in the 1190s to sit as an independent central court. The Court of Chancery's reputation for tardiness and expense resulted in much of its business transferring to the Exchequer. The Exchequer and Chancery, with similar jurisdictions, drew closer together over the years until an argument was made during the 19th century that having two seemingly identical courts was unnecessary. As a result, the Exchequer lost its equity jurisdiction. With the Judicature Acts, the Exchequer was formally dissolved as a judicial body by an Order in Council on 16 December 1880. The Exchequer's jurisdiction at various times was common law, equity or both. Initially a court of both common law and equity, it lost much of its common law jurisdict ...
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The Conversation (website)
''The Conversation'' is a network of nonprofit media outlets publishing news stories and research reports online, authored by academics with professional journalist editors to produce accessible research-informed outputs. Articles are written by academics and researchers under a Creative Commons license, allowing reuse without modification. Copyright terms for images are generally listed in the image caption and attribution. Its model has been described as explanatory journalism. Except in "exceptional circumstances", it only publishes articles by "academics employed by, or otherwise formally connected to, accredited institutions, including universities and accredited research bodies". The website was launched in Australia in March 2011. The network has since expanded globally with a variety of local editions originating from around the world. In September 2019, ''The Conversation'' reported a monthly online audience of 10.7 million users, and a combined reach o ...
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Credit Crunch
A credit crunch (a credit squeeze, credit tightening or credit crisis) is a sudden reduction in the general availability of loans (or credit) or a sudden tightening of the conditions required to obtain a loan from banks. A credit crunch generally involves a reduction in the availability of credit independent of a rise in official interest rates. In such situations the relationship between credit availability and interest rates changes. Credit becomes less available at any given official interest rate, or there ceases to be a clear relationship between interest rates and credit availability (i.e. credit rationing occurs). Many times, a credit crunch is accompanied by a flight to quality by lenders and investors, as they seek less risky investments (often at the expense of small to medium size enterprises). Causes A credit crunch is often caused by a sustained period of careless and inappropriate lending which results in losses for lending institutions and investors in debt when th ...
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France
France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlantic, North Atlantic, the French West Indies, and List of islands of France, many islands in Oceania and the Indian Ocean, giving it Exclusive economic zone of France, one of the largest discontiguous exclusive economic zones in the world. Metropolitan France shares borders with Belgium and Luxembourg to the north; Germany to the northeast; Switzerland to the east; Italy and Monaco to the southeast; Andorra and Spain to the south; and a maritime border with the United Kingdom to the northwest. Its metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea. Its Regions of France, eighteen integral regions—five of which are overseas—span a combined area of and hav ...
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England
England is a Countries of the United Kingdom, country that is part of the United Kingdom. It is located on the island of Great Britain, of which it covers about 62%, and List of islands of England, more than 100 smaller adjacent islands. It shares Anglo-Scottish border, a land border with Scotland to the north and England–Wales border, another land border with Wales to the west, and is otherwise surrounded by the North Sea to the east, the English Channel to the south, the Celtic Sea to the south-west, and the Irish Sea to the west. Continental Europe lies to the south-east, and Ireland to the west. At the 2021 United Kingdom census, 2021 census, the population was 56,490,048. London is both List of urban areas in the United Kingdom, the largest city and the Capital city, capital. The area now called England was first inhabited by modern humans during the Upper Paleolithic. It takes its name from the Angles (tribe), Angles, a Germanic peoples, Germanic tribe who settled du ...
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Economic History Society
The Economic History Society (EHS) is a learned society that was established at the London School of Economics in 1926 to support the research and teaching of economic history in the United Kingdom and internationally. The society also acts as a pressure group working to influence government policy in the interests of history and economic affairs, alongside other societies and professional bodies with similar interests. In addition, the Society regularly liaises with funding bodies such as Higher Education Funding Council for England, the Arts and Humanities Research Council, and the Economic and Social Research Council. History The Economic History Society was established at a general meeting held at the London School of Economics on 14 July 1926. R. H. Tawney took the chair and, after the resolution to form the society had been carried unanimously, the meeting discussed the constitution and aims of the society and proceeded to elect its first officers, with Sir William Ashley ...
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University Of Reading
The University of Reading is a public research university in Reading, Berkshire, England. It was founded in 1892 as the University Extension College, Reading, an extension college of Christchurch College, Oxford, and became University College, Reading in 1902. The institution became a university with the power to grant its own degrees in 1926 by royal charter from King George V, and was the only university to receive such a charter between the two world wars. The university is usually categorised as a red brick university, reflecting its original foundation in the 19th century. Reading has four major campuses. In the United Kingdom, the campuses on London Road Campus, London Road and Whiteknights Park, Whiteknights are based in the town of Reading itself, and Greenlands, Buckinghamshire, Greenlands is based on the banks of the River Thames in Buckinghamshire. It also has a campus in Iskandar Puteri, Malaysia. The university has been arranged into 16 academic schools since 2016. ...
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Dublin
Dublin is the capital and largest city of Republic of Ireland, Ireland. Situated on Dublin Bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, and is bordered on the south by the Dublin Mountains, part of the Wicklow Mountains range. Dublin is the largest city by population on the island of Ireland; at the 2022 census of Ireland, 2022 census, the city council area had a population of 592,713, while the city including suburbs had a population of 1,263,219, County Dublin had a population of 1,501,500. Various definitions of a metropolitan Greater Dublin Area exist. A settlement was established in the area by the Gaels during or before the 7th century, followed by the Vikings. As the Kingdom of Dublin grew, it became Ireland's principal settlement by the 12th century Anglo-Norman invasion of Ireland. The city expanded rapidly from the 17th century and was briefly the second largest in the British Empire and sixth largest in Western Europ ...
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Lucca
Città di Lucca ( ; ) is a city and ''comune'' in Tuscany, Central Italy, on the Serchio River, in a fertile plain near the Ligurian Sea. The city has a population of about 89,000, while its Province of Lucca, province has a population of 383,957. Lucca is known as an Italian "Città d'arte" (City of Art) from its intact Renaissance-era Walls of Lucca, city walls and its very well preserved historic center, where, among other buildings and monuments, are located the Piazza dell'Anfiteatro, which has its origins in the second half of the 1st century A.D., the Guinigi Tower, a tower that dates from the 14th century and the Cathedral of San Martino. The city is the birthplace of numerous world-class composers, including Giacomo Puccini, Alfredo Catalani, and Luigi Boccherini. Toponymy To the Ancient Rome, Ancient Romans, Lucca was known as ''Luca''. From more recent and concrete toponymic studies, the name Lucca has references that lead to "sacred grove" (Latin: ''lucus''), " ...
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