Ahmet Emin Sevgen: There are many historical reasons that have been debated for the decline and final collapse of the Medici Bank. The most potent reason emerges in the form of the English Monarchy's large debt owed to the Medici Bank's London branch and the ultimate default by the British Royalty leading to the imposition of severe sanctions on the businesses linked with the Medici Bank.

There are many historical reasons that have been debated for the decline and final collapse of the Medici Bank. The most potent reason emerges in the form of the English Monarchy's large debt owed to the Medici Bank's London branch and the ultimate default by the British Royalty leading to the imposition of severe sanctions on the businesses linked with the Medici Bank.

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Ahmet Emin Sevgen