A conservative turn? British bank lending after the 1878 crisis [05.11.26]
Lecture by John Turner from the Queen´s University Belfast in the Research Seminar in Economics, November 11.
Image: Pixabay/Kai Pilger
British banks are thought to have become more cautious in their lending after the banking crisis of 1878. A new study tests this claim using records of more than 35,000 loans from nine banks. It finds that, after the crisis, banks required collateral more often and accepted a wider range of collateral, lent less to industrial firms and other financial institutions, were more likely to reject large loans, and were less willing to lend to new customers.
Lecturer John Turner is a financial economist and historian. His research addresses questions in the fields of economic history, business history and financial history. He is interested in financial bubbles, financial crises, banking, corporate governance and regional productivity.
During the current winter term, outstanding international researchers are visiting the University of Hohenheim as part of the research seminar to present their work. In addition to attending the presentations, office hours often provide a unique opportunity to discuss topics with the visiting scholars.
Master’s students are also welcome to attend the research seminar and engage in conversation with the speakers as well as with doctoral candidates, postdoctoral researchers, and professors from the Department of Economics.
The presentation will take place on November 11, 2026, at 12:00 p.m. in HS 35 (Kavaliershaus).
