The Kingdom of Spain is a sovereign state largely located on the Iberian Peninsula in southwestern Europe. As a historic superpower with a story intertwining with many European and middle-eastern powers, and as key player in the history of religion and the Americas, Spain is full of historic importance.

The Birth of Modern Banking

The Birth of 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.