No. 7655
Leendert Pieter de Neufville
1729-1797BankerEurope · 1729Most named place: Amsterdam
Leendert Pieter de Neufville was a Dutch banker in Amsterdam.
During the Seven Years' War he implemented a financial innovation the so-called "wisselruiterij". After the outbreak of peace in 1763 he could no longer meet his obligations and he went bankrupt. This also brought other banks into trouble, resulting in a confidence crisis. The banks didn't want to give each other credit anymore. Spreading from Amsterdam an international banking crisis ensued, which extended to Germany and Scandinavia.