Renaissance bank regulation: In 1321, Catalonian authorities - TopicsExpress

Renaissance bank regulation: In 1321, Catalonian authorities revised their 1300 order that bankers be required to live on bread and water alone until all their clients were reimbursed. Henceforth, any banker who Failed to meet his clients demands was to be public ally denounced -- and then summarily beheaded in front of his bank. It was no idle threat, as the hapless Barcelona banker Francesch Castello discovered in 1360. - from Money, the Unauthorized Biography by Felix Martin

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