The Birth of Modern Banking
Modern banking originated in Italy around 1150 as Jews fleeing persecution brought new practices, including “discounting”, to the merchant banks of the Italian piazzas.
Napoleon Bonaparte was a French military and political leader during the French Revolution. He was Emperor of France from 1804 until 1814, and in 1815 and was also the King of Italy and Protector of the Confederation of the Rhine.
Modern banking originated in Italy around 1150 as Jews fleeing persecution brought new practices, including “discounting”, to the merchant banks of the Italian piazzas.
The modern usage of the political terms left and right comes from the French Revolution of 1789 when supporters of the king stood to the president’s right, and supporters of the revolution to his left.