17 events with tag "finance"
218 BC
ID: 5322
Spanish silver funds Hannibal's war - Cartagena mines produce 300 pounds silver daily, financing invasion of Italy
ID: 5322
1190
ID: 2382
Richard I sells offices and lands - 'I would sell London if I could find a buyer' to fund Crusade
ID: 2382
1194
ID: 2384
February 4, 1194
Richard I ransomed for 150,000 marks - twice England's annual revenue, Eleanor organizes collection
ID: 2384
1290
ID: 2412
July 18, 1290
Edict of Expulsion - Edward I expels all Jews from England, not allowed to return until 1656
ID: 2412
1402
ID: 5166
Medici bank opens Rome branch - manages papal finances, becomes most profitable branch
ID: 5166
1435
ID: 5168
Medici bank at peak - branches in Rome, Venice, Geneva, Bruges, London, Avignon, Milan, Pisa
ID: 5168
1619
ID: 5116
Banco del Giro founded - Venice creates one of first public banks, manages state debt, influences modern banking
ID: 5116
1718
ID: 462
London Assurance Company becomes first to use Bernoulli's probability calculations for life insurance premiums
ID: 462
1954
ID: 1686
Tibor Rosenbaum listed as managing director of Swiss-Liberian Finance Corporation
ID: 1686
1996
ID: 3014
Fair value accounting concepts gain prominence - FASB begins requiring market value measurements for certain investments, shifting from historical cost to current market values
ID: 3014
1997
ID: 3022
Bear Stearns creates first Credit Default Swap (CDS)
ID: 3022
1999
ID: 3035
Gramm-Leach-Bliley Act officially repeals Glass-Steagall Act
ID: 3035
2000
ID: 3046
Commodity Futures Modernization Act exempts derivatives from regulation
ID: 3046
2003
ID: 3096
CDO issuance jumps from $30 billion to $157 billion annually (2003-2004)
ID: 3096
2004
ID: 3100
SEC allows investment banks to increase leverage ratios
ID: 3100
2005
ID: 3116
Peak subprime lending - $625 billion in subprime mortgages originated
ID: 3116
2006
ID: 3130
CDO issuance peaks at $552 billion
ID: 3130