This is the colourful story of how Edinburgh rose to be one of the top 10 financial centres in Europe – and how the crisis of 2008 decimated its banking, insurance and investment institutions. Written by award-winning journalist Ray Perman who has reported on the Edinburgh financial industry for 40 years.
'I loved Ray Perman’s The Rise and Fall of the City of Money (Birlinn, RRP£25) a fabulous history of the crises and flashes of entrepreneurial brilliance that made Edinburgh the UK’s second-biggest financial city. A meticulously researched book of stories about the people who rose and fell with the city - bank directors who ended up in jail, aristocrats who ended up broke, and clever investment managers who set up the firms your pension is probably still with today'
Ray Perman is a financial journalist who has reported for numerous publications, including the Financial Times. He is a former chief executive of the industry representative body, Scottish Financial Enterprise and a former director of the David Hume Institute.