The banking place of Lyon in 1848-1870. Between local banks and the second banking revolution (In French)

The place of Lyon inherited from the first banking revolution of the 1750s-1850s years a solid structure of local banking houses, which were able to accompany the growth of the productive system of silk and the diversification of the emerging heavy industries. But the international deployment of the trade houses and the move of big industry demanded a broad adaptation. Banque de France itself developed its branch so as to insert the place into the revolution of national discounting and to consolidate the process of liquidity. A trend of differentiation distinguished the banking houses that succeeded in reaching a European and financial dimension from those which commenced to lose competitive ground. Last, Lyon was the birth-place of two models of the big “modern” banking enterprise, which revolutionised the structures of credit and the flows of collecting deposits and savings. Those both decades could be thus considered as decisive in the building of a banking armature efficient enough to foster the industrial and commercial growth of the large South-Eastern parts of France.