Why did Italians stop being a known for banking people in favor of the Swiss and Jews?
>>2708458
Because the Italian jews moved elsewhere
>>2708458
Destruction and foreign domination during the Italian Wars.
The further specialisation and development of financial and economic institutions by the Dutch and English.
The move of the center of international european trade links from the Mediterrean towards the Atlantic
>>2708487
Interesting. Thx.
The banks Italy got famous for went bankeupt 1 year ago, after a century of agony.
It's mostly about corruption and the fact that Italy lost its grip on the finance service and export market. At this point the "made in Italy" is next to worthless.
>>2708545
Financial services depend on strong institutions and a transparent judiciary, something Italy is notoriously deficit in.